USD/JPY :: what do you think ?! is it possible ?!!USD/JPY :::
The purple channel is a large channel that easily covers the time frame of 4 hours .
The price is currently at the ceiling of this channel and the last important encounter of this price was in the smaller channel and all these corrective movements have created a triangle .
If the triangle is broken from above, the next few resistances will be broken like a domino, and the price will enter a new range .
Usdjpyshort
USDJPY SellThis is the trade setup I made on USDJPY a day ago, I hope it is self explanatory. Drop down to the 1hr time-frame if you need to see a bolder view. Notice first the break of structure then the pullback which I placed a trade on and now running in profit. Now I pray the price drops all the way down to the previous low to end the trade in profit with a good risk to reward ratio.
USDJPY - Daily Trade Idea - 26-Jan-23USDJPY (SHORT)- If all the resistance holds in place.
If we see the Resistance 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 - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
Bearish outlook on USDJPY - 26 January 2023On the H4 timeframe, prices are ranging between 131.50 and 127.50. Stochastic RSI is in the oversold region below 20, supporting the possibility of a pullback to 131.00, which coincides with the 50% Fibonacci retracement. Prices could then rebound to the support zone at 127.50.
USDJPY H1: Bullish outlook seen, further upside above 128.80On the H1 time frame, prices are approaching the support zone at 128.80, in line with the Fibonacci confluence levels and a throwback to this zone could present an opportunity to play the bounce to the resistance zone at 130.50. Stochastic is approaching support at 3.90 supporting the bullish bias. A change in market structure on the lower time frames, following the break of the most recent high could provide confirmation for a higher probability setup.
USDJPY SELLSELL USDJPY guys so on my last post I had wrong information on USDJPY Not like I had Wrong information, but when I was see on a Higher TF was really Different based on the Buy Confirmation I had so let's Get this Money Sell USDJPY
USDJPY SELL
SL: 130.129
TP: 127.601
We Broke the TL so lets Patiently wait on a retest before making a sell Moves Thanks Guys I'm out
USDJPY BUYAlright a quick one on USDJPY I don’t have much to say on this Analysis, but on the H4 TF we Got a Trend line And it is Creating A LL & LH So on this Buy we are Looking on The 30min TF for A Highs to Be Tested which is my Fib Level of 61.8 Which is My Take Profits Area 131.819.
BUY USDJPY 159 pips
SL: 129.800
TP: 131.819
So let’s see how this plays Out
Thanks Guys
Perspective on UsdJpyWelcome our perspective UsdJpy
Usdjpy has been falling constantly with the falling of DXY, it's likely this price action will continue this path but not without the careful consideration of an upwards move first. UsdJpy is stuck in a small range where more reason is provided to go up than down first. We feel it is possibly for the black line given, to be followed. This pair will be watched over closely and should this move become fact, We will look to fill a sell order.
USDJPY - Daily Trade Idea - 25-Jan-25USDJPY (SHORT)- If all the resistance holds in place.
If we see the Resistance 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 - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
USDJPY Short ideaW can see price is trading nicely below the 200EMA and within the channel on the 4H. With the collapse of the US economy and slow death of the USD, would be a nice 1 to hold for the long run and more entries on pullbacks, but for now:
Entry 130.00 - 130.336
SL: 131.500 ( a bit above the resistance zone)
TP1: 129.700
TP2: 129.250
TP3: 128.920
TP4: Open
USDJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective on USDJPY .
Here we are bearish from daily perspective, so I am looking for shorts. I expect price to continue the retracement tp fill the imbalance and then to reject from bearish orderblock + institutional big figure 132.000.
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USDJPY | A Pullback Before The Sell-offThis analysis is based on the fact I'm a trend follower.
The setup of this pair is as simple as it can get. The first thing to notice is the ease of identifying the price in a downtrend. Secondly, the estimation zone can easily be plotted. Finally, there is no confusion about what price is done on the weekly or daily timeframe. This is what I love about the potential of placing a pending order(sell limit) on this pair. I'm aware that I am waiting for a pullback up to 131.829. The range price can push into is between 131.829 as high as 134.773. At 131.829 I am fighting for the best price.
My stop loss will be 134.773, and my take profit will be low from where the price will pullback. I don't see evidence of a pullback right now, so I'll wait to confirm my take-profit price. Assuming price may pullback from here my risk to reward on this trade idea is 1.64.
However, this is what a simple technical analysis looks like. At least, for my sake.
What is your take on this pair? I'd love to view your take on this currency pair. 😍
*These are my personal views. Please trade your views at your own risk.
USDJPY - Daily Trade Idea - 23-Jan-23USDJPY (SHORT)- If all the resistance holds in place.
If we see the Resistance 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 - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
USDJPY | Perspective for the new week | follow-up detailsFollowing our previous analysis on the USDJPY where it was possible to scoop over 500 pips profit (see link below for reference purposes); price action is at a critical juncture at the moment as it oscillates around the 128.000 level. The Greenback weakens in the wake of the CPI and the Japanese Yen continues to soar ahead of the BoJ monetary policy and interest rate decision this week. Despite the US Dollar slipping to its lowest level since June 2022; there is still a long-term bullish momentum from a higher time frame's perspective (daily and weekly). Following Thursday's data showing that U.S. CPI inflation eased in December 2022, could this be a sign to anticipate a reversal pattern in the coming week or events from the BoJ will send a new wave of sell-offs in this market?
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 Light Short ZonesAs USDJPY rises on Weakend Yen Sentiment we can look to EARLY light short zones.
You shall see many times within a downtrending market rebounds are FEW heavily to the upside..
That's because strong trending markets are more harsh... But inevitably rebounds occur that are further out (Light Short Zone highlighted).
Trade SMALL price is still not significantly higher.
Let the market run and work for you.