USDJPY 2H Chart, Bearish DirectionAfter some success on a previous trade using my S-Zone, i am longing UJ here after a 2H S-Zone was created. I've got a 45pip SL and targeting 1:3RR.
D-uj
UJAttempt two to find the UJ Impulsive move, here we have a 4h pin after price retraced more, this is a more healthy sign, we can look to buy UJ on the 1H and then ride the wave on the 4H chart.
UJUJ makes an inside bar after the bullish DXY move since CPI data, with Yen continuing to weaken in this never ending downhill slope, we could look at UJ as a potentially great long set up as the dollar continues to make gains with the anticipated rate hikes ahead of us. Inside bars generally occur in imbalanced moves and are a good sign of momentum in price.
USDJPY 4hour Analysis September 11th, 2022USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: UJ is overall bullish and is still far away from being considered bearish.
The most likely move is a continuation at confluence near our 38.2% fib level & 140.000 zone.
Look to target higher toward 0% & our -27%.
Trade scenario 2: For us to start looking at UJ more bearishly we would need to see a break below our 140.000 with very convincing structure below.
2X UJ VIP SIGNAL HIT FOR 235 PIPS!THIS PLAY ABSOLUTELY PAID! UJ is going to correct until the dollar stabilizes, I dont see a reversal until the break and retest of the trendline.
USDJPY Outlook 9/5Bearish outlook on UJ, annotations are on chart, looking for price to chase sellside. Watching for structural shift.
USDJPY 4hour Analysis September 5th, 2022USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Looking bullish overall and we’re currently seeing no signs of slowing down.
The most likely scenario is that we continue bullish without structure. It looks like at most we may see a higher low near 139.000 before continuing higher.
Trade scenario 2: For us to even think about looking for shorts on UJ we need to see a significant break below 137.000 with a lower high below.
USDJPY 4H ShortHello UJ! I don't trade this pair but a student of mine asked me to analyze and wow this looks too good to miss! 4H ahs not one, but TWO different RSi Divergence setups, adding so much confluence! 30pip stop, targeting that liquidity wick to the downside. Will be a nice swing!
Can UJ continue his uptrend?UJ has been bullish for a very long time. On the htf we broke a previous high so a pullback is needed for some healthy marked conditions. My analsysis for UJ is that we could short within a few days to previous demand. When reached the demand zone we need to wait for an internal break of structure so we can continue the uptrend
Long USDJPY with Elliott WaveShort term trend for USDJPY with elliott wave
All are just forecasts, watch and refer.
I think this is the most likely option
Thanks for watch
UJI didn't place the trade but I just forecasted and let it run. This was due to having a very hectic week but either way we learned and the new week could be either slow or on fire depending on the amount of traders entering the market this week.
UJMinor Loss to wake up to, the day still has a lot of momentum we will be catching. Still in US30, which is covering our 15 pip loss.
UJPart of the new scalping strategy I'm testing. If it is inline with your trading plan then go for it but if not DO NOT DO IT. Plus overnight brokers are not the friendliest for South African traders.
SEE YOURSELF AS A HEDGEFUND MANAGER, THE SENIOR MANAGER HANDLING A FUND OF $10M/ R150M. Treat all accounts like that, the way you behave, the way your forecast and analyze, the way your set out goals (entry and exit points) and even what you feed your mind.
UJIf you can see it, you can but if you don't. 😂😂😂😂😂😂
I'm joking, this is a break retest and continuation in that after the candle close we will look for entries and enter all the way down.
UJI've been waiting for this break. Now we wait for the retest and we place our buy stops above the retest. Until our retest is done, we stay watching and waiting.😂😂😂🔥🔥🔥
USDJPY 4hour Analysis August 21st, 2022USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Overall we are looking very bullish on UJ again.
To continue with the bullish trend we first need to see the next higher low confirmed close to 135.000. Look to enter long and target higher toward 137.000
Trade scenario 2: If we are to consider UJ bearish we would need to see a break below 135.000 with a confirmed lower high below.
UJUSDJPY Long idea, DXY is rising and Oil is rising a massive detrimental factor to the Yen, UJ looks like it will climb here to previous high.
UJI wanted to place this trade but because we took a loss earlier, we follow our rules so we just forecasted. Sharpening the skills doesn't stop even after a loss.
UJWhy this one hurts, is only because it tagged me in even though entry was at the neckline. It's alright, we manually close and prepare for the next move.
UJJust as we are still waiting and watching, the moment is what we wanted. Those that know and trust their plans could have entered earlier, but because I have a busy day. I placed it the same way all basic traders should and follow textbook instructions.
UJI placed trades earlier here, because my day was so busy. I couldn't post the forecast I had but I longed for 57 pips and TP hit. Just waiting for more opportunities.
USDJPY 4hour Analysis August 14th, 2022USDJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: Looking bearish on the daily & 4hour timeframe for UJ and we’re looking to continue with that bearish trend.
Ideally price action breaks support at 133.000 and forms structure below. Look to target lower toward key support around 129.500.
Trade scenario 2: For us to consider UJ more bullish we would need to see rejection off 133.000 support right now and start pushing higher.
