Usdjpylong
USDJPY - Daily Trade Idea - 17-Jan-23USDJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
USD JPY TO THE MOON ABOUT +3500 PIPS AS NEXT TARGET According to prévious USD JPY weekly forcast (confirmed H&S)
According to uptrendline channel
As we can see Actually the price move on 61% fibo of last uptrend wave, so we can consider that downtrend Wave is a corrective wave
To define a TP we just need to use a Fibo extension.
USDJPY Trading Plan - 16/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect USDJPY to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
USDJPY bearish trend over?Here we have two scenarios on USDJPY and both are for buying.
1,
market rejected from support level with very strong h4 candle and will go to bearish trend line resistance.
2,
Buyers take full control and break bearish trend line resistance until bearish trend convert into bullish.
Always trade safe and must use SL.
USDJPY Buy setupUSDJPY is going to retest the significant demand zone of 1.26000 which is monthly and weekly strong support area
we are looking a retracement to the mentioned area above
look for bullish confirmation near 1.26000 and BUY USDJPY with your own money management
always remember that patience and discipline is the key to become successful in financial world
USDJPY | Perspective for the new week | follow-up detailsThis is a follow-up video to last week's analysis on the USDJPY which scooped over 850 pips in profit to start the year on a profitable note (see link below for reference purposes). The US Dollar started the year on a positive note as it climbed up to test the 135.000 level before selling pressure resumed following the NFP release hereby relinquishing some of its gains to close the week at the 132.000 level. In this video, we looked at the current structure from a technical standpoint and identified the 132.000 level as a platform to look out for trading opportunities in the coming week(s).
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
USDJPY - Daily Trade Idea - 12-Jan-23USDJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
USDJPY - Daily Trade Idea - 11-Jan-23USDJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
USDJPY H1: Bullish outlook seen, further upside above 130.80On the H1 time frame, prices are approaching the support zone at 130.80, in line with the Fibonacci confluence levels where a throwback to this zone could present an opportunity to play the bounce. Stochastic is approaching support at 2.73 as well, supporting the bullish bias. Failure to hold above the support zone at 130.80 could see prices push lower to test the support zone at 129.50.
USDJPY - Bullish Impulse - Minor CUSDJPY is preparing to shoot on the up-side, with a Bullish Impulse, ahead of the FOMC (FED).
Expected swing: Minor C (white), of Intermediate (B) (red) completion.
A spike in the Dollar would be expected on the FOMC Press Conference.
USDJPY Tech. Analysis:
* Elliott Wave: Intermediate (A) (red) complete
* Fibonacci Extension Confluence (Minors A-B-C (red))
* Minor B (white) Double Bottom
* Harmonic Pattern: Bullish Cypher
* Bullish Divergence
* 88.6% Fibonacci Retracement
USDJPY Trading Signal:
* Entry @ 134.150
* SL @ 131.00 & 126.000
* TP1 @ 145.00
* TP2 @ 149.855
* Buy Stop Level @ 138.00
* Aggressive Entry @ Market Price
* Conservative Entry @ 133.10
*Safety Measure: when in the green, moving SL to BE.
Many pips ahead!
Richard, the Wave Jedi.