Dollaryen
USDJPY Resistance Level At 114.970USDJPY. If price closes above 114.970, then watch for a bullish price action signal on the retest.
USDJPY | Watch For A Pin Bar or Rejection Candlestick For this trade opportunity, look for a pin bar or rejection candlestick at the trend line, ema 10, and ema 20.
USDJPY deep correction to 109.9 likely before further upsideUSDJPY is overextended and there were many late long positions added last Friday 8/10/21. Expecting a deeper retrace to 109.9 before any further upside.
USDJPY short ideaIf you like this trade please give it a like and follow as it lets me know my ideas are helping give insight to others :)
USDJPY LongNow that we have seen a resistance level form we can begin looking at a potential level to go long on USDJPY
Should we see price close about this level, I will be looking too take a long with correct risk management and ideally a 10pip range. To re-iterate what I have said the past few posts, this is END OF MONTH which means market moves a bit more weirdly than usual, so always be careful and keep an eye on it so you can react and protect your losses/gains at a moments notice.
If you like this trade please give it a like and follow as it lets me know my ideas are helping give insight to others :)
USD/JPY_4H_LONGThe daily time frame was bullish and the price broke the 110.6 daily level in 4H and also 1H timeframe. Also, yesterday broke the 4H timeframe and last week's high. I take a long position with the TP of a psychological level.
R/R = 1:1.95
DXY: Have You Seen This Market GapBuyers seem to be taking over the dollar currently, this doesn't mean that sellers can't fill the gap created on the way up.
A bounce from this order block would suggest to me that the price is ready to pull back aggressively before continuing long.
Sells could be valid here depending on rejection.
If you miss the sells, buys could be valid from the gap marked out.
Good luck next week traders!
USD/JPY_4H_LongThe price start a bullish trend from daily support plus it broke the last high which created the last low level, it also broke descending komu.
I put my TP on last week high.
R/R = 1:1.19
USDJPY Swing*Disclaimer*
This is not financial advice. Forex trading is risky. Trade at your own risk.
#Trade_Like_A_Magnate
USDJPY continues unfolding triangle (part 2)USDJPY (long-term)
$ vs ¥
The market has been moving sideways since a bullish impulse in wave ((A)) finished.
It seems like a wave ((B)) is taking the form of a triangle .
So wave C of (D) is finished. If correct, the market should continue to decrease towards the pattern’s lower side to a wave (E) , in the coming months.
USDJPY continues unfolding triangleUSDJPY (long-term)
$ vs ¥
The market has been moving sideways since a bullish impulse in wave ((A)) finished.
It seems like a wave ((B)) is taking the form of a triangle. So wave C of (D) is likely underway. If correct, the market should continue to increase towards the pattern’s higher side in the coming weeks.
Can the Dollar Yen Move Back Up? Hi
I can see that the dollar yen is a mild up trend
It had good few months of uptrend earlier but for the past few weeks its making new highs and higher lows but not quite as strong as before
I see that price is near the lower channel (trend line) and middle of the Keltner channels. I see a good possibility of price going up to test the swing highs
USDJPY LOOKING GOOD AND STRONG! Dollar Yen nice uptrend and triangle break! Price action is retesting previous structure level for new support confirmation. Clean 3:1 RR trade if triggers. On high watch!
LONG 💴
USDJPY Inside Candle At The EMA 10 EMA 20 AreaUSDJPY
Watch for buying opportunities near trend line support and EMA 10 EMA 20.
USDJPY EMA 10 EMA 20 Pin BarTraded USDJPY at horizontal support resistance and dynamic support resistance using the pin bar strategy.
