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Usdjpylong

BUY TRADE ON USDJPYUSDJPY in a Potential Uptrend The price broke out of a strong resistance zone and turned support multiple times. The price is developing, and I am waiting for a break above the resistance to go LONG. Alternatively, if the price breaks below support, then there will be an opportunity to go SHORT if the broken support is retested and used ad resistance. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Long
by Adefxc
Cup & Handle Pattern Emerges: Seizing Opportunity with CautionDirectly above, a chart lays out its own narrative—a discernible Cup & Handle pattern. With this formation in place, I am inclined to position for a bullish endeavor, with an initial target set at 150.00. It's crucial, however, to exercise prudence and refrain from sizing up your trades excessively, which could amplify risk. A more advisable approach involves fragmenting your entry and establishing a stop loss set at 1-week closure below 138.00. As this undertaking warrants a degree of patience, given its nature as a swing trade, rest assured that I will closely monitor developments and provide updates as needed. Wishing you profitable endeavors,
Long
by Eymen-GUVEN
USDJPY "Gopher" Bank Bullish Money heist PlanMy Dear Robbers / Traders, This is our master plan to Heist USDJPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing Low using 30m timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
Long
by Thief_Trader
UsdJpy could test 157,50 zone (250 pips rise)After an impressive 1000-pip drop in two weeks, USD/JPY reversed precisely from an old resistance level, now support at 152. At this point, we also see a higher low in place, and bulls seem determined to recover lost ground. In the overall trend, the 1000-pip drop is merely a correction and even if there will be a new leg down toward the important 150 level, a test of the 157.50 zone is probable. I remain bullish as long as the 152.80-153.00 zone holds intact. Buying dips below 154 could be a good strategy with a risk-reward ratio of more than 1:3.
Long
by Mihai_Iacob
2
The yen exchange rate jumped because speculators feared interven An ascending flag pattern appears, showing the recovery of USDJPY when news about the stock market or the recent presidential appointment continues to be good for the US market. The USD fell to its lowest stage in approximately 2 months, a improvement amplified via way of means of the pointy boom withinside the fee of the yen that triggered turmoil in worldwide foreign money markets withinside the buying and selling consultation on Wednesday and this morning (18 /7). Bloomberg Dollar Spot Index, an index of Bloomberg information organization that measures the USD alternate charge instantaneous marketplace, fell via way of means of 0.4% on Wednesday, to its lowest stage when you consider that past due May. This morning, the index persevered persevered to fall further, whilst the yen/USD alternate charge from time to time accelerated to 155.7 yen for 1 USD. In addition to the downward strain at the USD from the opportunity that americaA Federal Reserve (Fed) can also additionally decrease hobby costs in September, the yen additionally accelerated sharply because of hypothesis withinside the marketplace that Japanese government can preserve to interfere withinside the forex marketplace to assist the home foreign exchange charge. The yen has accelerated in fee via way of means of approximately 4% when you consider that closing Thursday - the time while Japanese government are stated to have intervened via way of means of promoting overseas foreign money into the marketplace. Japan`s Ministry of Finance and the Bank of Japan (BOJ) can also additionally have persevered to interfere on Friday. In addition, the yen additionally accelerated in fee due to the fact an influential Japanese flesh presser referred to as at the BOJ to elevate hobby costs to assist the yen alternate charge, and previous US President Donald Trump issued a caution approximately the devaluation fashion of the yen. yen - a component that allows Japan advantage a higher aggressive role in exports. Before this recovery, the yen closing week fell to almost 162 yen in line with USD, its lowest stage in 38 years. Fluctuations withinside the USD/Japanese yen alternate charge appear to have had a robust effect on different USD foreign money pairs - in step with leader strategist Valentin Marinov of Credit Agricole bank.
Long
by TheLeader_WOLF
USDJPY - UniverseMetta - Analysis#USDJPY - UniverseMetta - Analysis D1 - We are in the oversold zone, the price has also adjusted by 4% from the maximum. H4 - A 3 wave structure may form. The entry can be considered from these levels or wait until the structure is formed. The most likely scenario is to consolidate behind the trend line and continue to consider purchases. Stop for the formed fractal/2nd wave. Local targets 158.350. Next, a correction may form, and volumes can be increased for further upward movement if there is a retest of the level. The reverse side is the formation of an ABC structure and a further downward fall. Target 158.350. - 161.930
Long
by Trade-U-Metta
1
7 Dimension Buy Trade For USDJPY Core Analysis Method: Smart Money Concepts 😇7 Dimension Analysis Time Frame: 15M 1: Swing Structure: Bullish with BOS after taking the inducement. Bullish impulsive swing move starts making a pullback in the internal structure POI liquidity zone. External POI OB FVG already taken from the discounted area. 🟢 Entry Model: Whale scoop Support liquidity demand area might act as a reversal zone. 2: Pattern 🟢 CHART PATTERNS: No chart pattern is formed. Shakeout continuation. 🟢 CANDLE PATTERNS: No significant candle pattern here. 3: Volume: Volume is almost dry during the whole corrective move, but we observed huge volume when the price takes liquidity or forms a false breakout. 4: Momentum RSI 🟢 RSI is still in the bullish zone, taking support on the extreme bullish support 40 level. No range shift yet and not any bullish support divergence. A bearish loud move makes some doubt, but it will confirm when the price gives a proper breakout on any side in this momentum range. 5: Volatility Bollinger Bands 🟢 A strong contraction is forming. This contraction breakout will confirm the proper move. 6: Strength: USD is still weaker. 7: Sentiment: Buy for the short term. ✔️ Entry Time Frame: 15M ✅ Entry TF Structure: Bullish ✔ Entry time liquidity take waiting 💡 Decision: Buy 🚀 Entry: 157.170 ✋ Stop Loss: 156.890 🎯 Take Profit: 158.275 😊 Risk to Reward Ratio: 4RR 🕛 Expected Duration: 1 Day Short SUMMARY: Analysis supports a strong buy position based on the Smart Money Concepts methodology, with expected bullish momentum and high potential reward.
Long
by Optimum369
#USDJPY: +1000 PIPS Trading Setup | Do Not Miss Out|Recently we witnessed a sharp dropped on USDJPY due to BOJ hints of intervene in currency market. However, in fact they just gave hint of intervention and did not specify the plan. In some scenario, many says, it was a move to alter the direction of JPY pairs for sometime. In our view price is likely to move upside strongly after touching our area. We therefore advise you, if you are taking sell entry be extra cautious. Good luck and trade safe.
Long
by Setupsfx_
32
USD/JPY Bullish Divergence and Key Support AnalysisThe USD/JPY pair has recently exhibited a Bullish Divergence on the 1-hour chart. This technical pattern is a significant indicator suggesting potential upward price movement. The price action has also received a strong rejection at a key support level, which coincides with a 4-hour trendline and the 61.8% Fibonacci retracement level. These factors collectively reinforce our bullish outlook. Technical Confluences: Bullish Divergence: A bullish divergence on the 1-hour chart indicates potential reversal and strength in the upward momentum. Key Support Level: The price rejection at the key support level confirms the market's recognition of this zone as a significant barrier to downward movement. 4-Hour Trendline: Alignment with a long-term trendline adds to the credibility of the support level, indicating sustained bullish sentiment. 61.8% Fibonacci Level: The confluence with the Fibonacci retracement level further solidifies the support area, often seen as a critical point for trend reversals. Entry and Risk Management: Entry Point: 158.520 Stop Loss: 157.300 The chosen entry point at 158.520 is strategically placed just above the key support level, ensuring minimal risk while maximizing potential gains. The stop loss at 157.300 is set conservatively below the support level to protect against unexpected volatility. Take Profit Levels: To effectively manage profits, the following take profit levels have been identified based on technical analysis and historical price action: TP-1: 159.740 TP-2: 160.960 TP-3: 162.180 These levels are determined to capture gains at various stages of the anticipated upward movement, allowing for flexible exit strategies based on market conditions. Conclusion: The USD/JPY pair demonstrates a strong bullish potential supported by multiple technical indicators and confluences. Traders are advised to enter at 158.520 with a stop loss at 157.300 to manage risk effectively. The outlined take-profit levels offer strategic exit points to maximize gains while adapting to market movements. Recommendation: Monitor the price action closely and adjust positions to align with evolving market conditions and protect against potential reversals.
Long
by trading_jupiter
2
USDJPY → Huge Fall from 162.000! Heading for 155.000?USD/JPY trickled it's way just shy of 162.000 where it formed a double top reversal pattern on the Daily chart and fell hard to 157.500. Should we still be long? Or is it time to get short? How do we trade this? 🤔 As mentioned in my previous analysis from May 7th after the massive sell-off from 160.200 back down to 152.000, we should be looking for confirmation of a short before entering one. We now have a nice sell signal, the double top reversal, right after three strong pushes up in a trend. USD/JPY has been in a bull run since 2021 on the higher timeframes such as the weekly and monthly, getting short needs to be taken with extreme caution and careful planning. It is reasonable to expect the USD/JPY price to retest the 160.000 area after such a fall. The bears are going to be skittish in a bull market, the bulls are going to try and long again to get that 50% pullback to the high side. But once the price goes 200 pips to the upside after the 400 pip drop, will we see another sell-off? Or a run back to 162.000 and beyond? That's what we need to wait for, the confirmation sell candle closing on or near it's low to confirm more downside movement. It is reasonable to short this, but I would do it on the 4HR timeframe and wait for a long entry on the Daily timeframe. We should expect some support at 155.000, this trade waits for that second leg in the pullback from 162.000 to hit 155.000, give us a strong bull signal and confirmation candle to confirm a long entry around 156.000. Place the stop loss below 155.000 at 154.050, take profit #1 at 157.950 then move stop loss up to entry price, take profit #2 at 159.900, just before the key resistance of 160.000 which is also a psychological resistance. 💡 Trade Idea 💡 Long Entry: 156.000 🟥 Stop Loss: 154.050 ✅ Take Profit #1: 157.950 ✅ Take Profit #2: 159.900 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Three pushes up after the 152.000 support confirmation to the key level of 162.000 2. Double top reversal at 162.000 followed by a 400 pip drop; sell signal 3. Look for 50% pullback toward 160.000 and a rejection at that key level to manifest the second leg down to the 155.000 area. 4. Enter a 1:2 Risk/Reward long trade up to 159.900. 5. RSI near 41.00 and far below the Moving Average, supports pullback to the upside before another fall. 💰 Trading Tip 💰 The longer a trend continues after 3 legs, the probability of that trend continuing lessens. Because of this decreased probability, we ought to reduce our risk when entering trades and start looking for reversals. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading Psychology
Long
by TraderEngineering
1