USD/ JPYOn Dollar Yen the bat pattern previously drawn HOP level is being tested. However, there is now a crab pattern completing at the same level. watch for the reversal pattern for a good T1 setup! after lunch PA may be volatile active trade management is important! the crab pattern drawn is not anchored by a significant swing point so caution is advised. i hate to say it the software caught this pattern before I did.
Dollar-yen
USD/ JPYHere on the Dollar/ Yen we have a Bat Pattern. i Would of liked to of seen the "B"point a little higher but nevertheless the pattern is complete. If PA contiinues to move higher a wick will be thrown past the white line and touch or exceed the 1.13 a little. The XA 113 is the Harmonic Optimal Price. If PA continues to move higher then watch PA play a little around this level and then it will decide what to do. as of right now watch for PA to print the reversal pattern for a quick T1 setup of watch for a reversal formation and ride the reversal to the ground. The longer the consolidation the possibility of a strong reversal are high. be patient.
as a wise meme told me XD " the market is a device to take money from the impatient and deliever that same money to the patient." As long as i have been studying Harmonics from Carney's books I still Struggle with FOMO!
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OANDA:USDJPY
USD/ JPYHere on the Dollar Yen we have a bat pattern. its really cool becasue i drew this pattern before the software recgonized the pattern. we are using a little different c points but none the less its the same pattern. keep an eye out ther might be a type one setup after the markets pick back up after lunch here in the US. (normally around 1200 in the afternoon)
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OANDA:USDJPY
AUDJPY Strong Trend Reversal Pattern.AUDJPY has given a good rally from its bottom and now it has given a good breakout from its rising wedge pattern, towards the downside. It has formed a complete head and shoulder pattern at the top, which is an indication of a trend reversal signal so, we might see a longer-term trend will be a downside. Target 1 is on the downside for AUDJPY will be supporting 1, at this point, it might be consolidated for now and then move for target 2, which is support 2 at the downside.
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USDJPYIt has been extremely challenging trying to trade this pair.
USDJPY was stuck in a tight range for a period of time.
Now we appear to lack clear direction.
I cannot see this going above the 108.000 level however, we could go significantly lower in my opinion.
Thoughts and feedback greatly appreciated.
Happy trading :)
ANALYSIS ON NZDJPYHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, the pair is in Symmetrical triangle. Wait for the breakout.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
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USDJPY CLOSE TO BREAKOUT IN DESCENDING TRIANGLE Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, the pair is inside Descending triangle. One can wait for its breakout.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
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ANALISIS ON AUDJPYHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, the pair is currently in ascending channel and it is going up. It also broke the resistance line. So as per our analysis the pair will go up till the channel's resistance and then fall down.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
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ANALYSIS ON CADJPYHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, the pair is currently moving in a sideways channel. so one should wait for the breakout.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
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USDJPY - Stuck in a tight rangeUSDJPY has been stuck in a tight range for a while.
107.000 Level is a key level of support which would be a great entry point depending on your bias.
We must be patient here but I expect volatility going forward.
My bias is to the long side however if the 107.000 level is broken we could see the 105.100 level
Lets see what happens next week.
Leave your thoughts in the comments.
Happy trading
SELL ON AUDJPY AFTER BREAKOUT FROM RISING WEDGEHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see that the pair broke its rising wedge and started falling down. One can take a sell signal.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
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ASCENDING CHANNEL BREAKOUT IN CADJPYHello my fellow traders, hope you all are making some profits. We are here with our new analysis sothat we can increase those profits for you. Let’s get into the analysis.
As we can see that the pair has broken from its ascending channel and is going down, our analysis is that it will fall till the support line.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us
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USDJPY ShortPrice action on this pair has been very corrective on the 1Hr timeframe as we approach a key level of 112.00.
This also correlated with the Daily timeframe as we approach the 112.00 level which has not been successfully broken for 12 months or so.
In my opinion, price could push higher before a heavy bearish movement. However if price does not push higher and we break the wedge, shorts could be valid.
USDJPY To Continue It's Rebound The rebound from 101 continues and the market got to the within 10 pips of the trendline. The bias is on the upside and if we break the trendline and get a buy setup then the upside will be confirmed.
Levels to watch out for;
1.) Previous structure high which will now act as a minor resistance @ 112.20
2.) Resistance at 114.60 (Oct. 2018 High)
3.) Resistance at 118.60 (Dec. 2016 High)
Thank you for you support!
Any comment is welcomed!
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