USDJPY new entry USDJPY is growing, as we planned.
I expect the price to reach the resistance line and return to support level 106.88
Forex-usdjpy
USDJPY At Good Resistance Level To SellUSDJPY is currently at a strong resistance level of 107.262. This area has seen multiple rejects on both the upside and the downside. If the price were to move further upwards, there would be a very clear bearish divergence on the MACD Crossover as well. As such, I have entered a short position at 107.262.
My stop loss level will be at an area just above the area of resistance that I have entered at. This stop loss level is at 107.422. This is to allow the trade to have room to run.
My take profit level will be at an area of support. This is at 106.738.
If you agree with this trade, do give it a huge thumbs up! :)
USDJPY | WEEKLY PERSPECTIVEIt was all Bears for the US Dollar especially during the latter part of last week as it continues to lose value against multiple currencies and the Yen was not left out in the gains! Breakdown of my Key level @ 107.300 last week evolved into a structure similar to AB = CD pattern with an expectation of correcting into 107.300 in anticipation of a down rally in the following week(s) seems feasible.
Tendency: Downtrend ( Bearish )
Structure: Breakout | Harmonic (AB = CD)| Support & Resistance
Observation: i. The fall of the USD since the beginning of last month (June 2020) appears to continue as it Breaks down my Key level once again.
ii. ABCD pattern
a. Impulse A-to-B in harmony with the potential B-to-C leg.
b. The B- to-C leg is at 61.8% Fibonacci retracement of the A-to-B leg.
c. The C-to-D leg falls at 1.414% Fib. ext. of the A-to-B move.
iii. Expecting a possible correction into my Key level zone before downtrend continuation in the following week(s).
Trading plan: SELL confirmation with a minimum potential profit of 250 pips.
Risk/Reward: 1:3
Potential Duration: 2 to 8 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
NirvanaForex
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, 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.
USD/JPY to FALL!The USD/JPY has been severely testing the Support zone recently. The latter is expected to be broken. The pair is in high volatility , so the ranges are to be expected and the recent rise should not be a sign that the price will recover above the Support zone. The BB and EMAs shows us that decline is the most likely scenario.
New entry point for USDJPY USDJPY almost reached our target.
After the price reaches the level of 106.88 I expect growth to the resistance line.
Range trading: Forex as for 06/07/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1208
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.1182
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1154
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1318
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1345
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1372
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2388
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2349
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2211
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2564
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2602
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2641
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 107.21
Long position 2
(The price today will not fall below this mark with a probability of 95%) 106.95
Long position 3
(The price today will not fall below this mark with a probability of 99%) 106.69
Short position 1
(The price today will not rise above this mark with a probability of 68%) 107.99
Short position 2
(The price today will not rise above this mark with a probability of 95%) 108.25
Short position 3
(The price today will not rise above this mark with a probability of 99%) 108.51
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Second chance to SELL USDJPYWe have a profit on USDJPY, but the price may return to the resistance level of 107.9.
Those who did not manage to open the sale can open it from the level of 107.9.
Move SL above the resistance line.
USDJPY Analysis.Traders, We see a good opportunity for long after price sustain in yellow zone .
Traders, if you liked this idea or have your opinion on it,write in the comment. I will be glad.
USDJPY Multi-Year Pennant USDJPY has been forming this massive triangle for nearly 1650 days now.
The triangle's apex is 350 days away.
We have had 3 rejections and 4 support within the triangle. Pennants are usually a bullish sign but given the shape of this pennant I am leaning neutral.
I will be looking to see which way it will break out and trade accordingly. Usually, technical patterns like this break out a 30% before the apex. So, It should be sometime within the next 6 months we should see a major break out.
There is a clean 10% swing trade to pull. The direction is unclear yet, but it is worth keeping an eye on.
Range trading: Forex as for 01/07/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1161
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.1128
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1096
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1295
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1328
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1360
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2283
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2250
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2217
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2477
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2510
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2543
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 107.53
Long position 2
(The price today will not fall below this mark with a probability of 95%) 107.24
Long position 3
(The price today will not fall below this mark with a probability of 99%) 106.96
Short position 1
(The price today will not rise above this mark with a probability of 68%) 108.22
Short position 2
(The price today will not rise above this mark with a probability of 95%) 108.50
Short position 3
(The price today will not rise above this mark with a probability of 99%) 108.79
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Range trading: Forex as for 30/06/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1171
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.1138
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1105
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1313
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1345
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1378
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2202
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2166
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2129
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2403
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2439
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2476
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 107.17
Long position 2
(The price today will not fall below this mark with a probability of 95%) 106.87
Long position 3
(The price today will not fall below this mark with a probability of 99%) 106.57
Short position 1
(The price today will not rise above this mark with a probability of 68%) 108.14
Short position 2
(The price today will not rise above this mark with a probability of 95%) 108.44
Short position 3
(The price today will not rise above this mark with a probability of 99%) 108.74
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
USDJPY +100p Trade USDJPY has reached our goal.
The price made a return to the level of 106.8 and then began to rise.
I expect a drop from the resistance level of 107.9. SL set above a strong resistance line.
Range trading: Forex as for 26/06/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1140
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.1108
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1076
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1295
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1327
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1359
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2324
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2284
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2245
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2523
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2562
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2602
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 106.64
Long position 2
(The price today will not fall below this mark with a probability of 95%) 106.31
Long position 3
(The price today will not fall below this mark with a probability of 99%) 105.97
Short position 1
(The price today will not rise above this mark with a probability of 68%) 107.68
Short position 2
(The price today will not rise above this mark with a probability of 95%) 108.01
Short position 3
(The price today will not rise above this mark with a probability of 99%) 108.35
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
USDJPY on the support level USDJPY made a false breakdown of the support level of 106.8.
The price began to rise again, and I expect a return to this level and growth to the resistance line.
Range trading: Forex as for 25/06/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1166
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.1139
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1111
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1284
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1311
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1339
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2343
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2309
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2274
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2524
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2559
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2594
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 106.81
Long position 2
(The price today will not fall below this mark with a probability of 95%) 106.50
Long position 3
(The price today will not fall below this mark with a probability of 99%) 106.19
Short position 1
(The price today will not rise above this mark with a probability of 68%) 107.60
Short position 2
(The price today will not rise above this mark with a probability of 95%) 107.91
Short position 3
(The price today will not rise above this mark with a probability of 99%) 108.22
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
USDJPY - further drop?We banked +209 pips on the last move down, out at entry on the buy that didnt move in our favour, we have now followed the sell position.
Let's see if we get a further push down this week.
Please join our Blue FX Discord Server, link in our Bio.
Regards
Darren
Range trading: Forex as for 18/06/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1159
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.1127
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1095
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1317
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1350
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1382
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2448
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2405
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2361
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2664
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2688
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2731
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 106.39
Long position 2
(The price today will not fall below this mark with a probability of 95%) 106.08
Long position 3
(The price today will not fall below this mark with a probability of 99%) 105.78
Short position 1
(The price today will not rise above this mark with a probability of 68%) 107.37
Short position 2
(The price today will not rise above this mark with a probability of 95%) 107.67
Short position 3
(The price today will not rise above this mark with a probability of 99%) 107.98
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
USDJPY on support levelToday we mainly consider deals on the Yen.
USDJPY is at a good support level and you can try to open a deal and close it on the resistance line.
💵 Massive Falling Wedge. (GBPUSD)🤔 We are testing the first level before potential breakout as you can see the compression point in the green triangle.
You will want to play the breakout at the red line #1 for a long or a short below the green horizontal support #3 that we are on currently.
If we broke below you would look to play the green line below as support #4
Longterm Resistance is the second red line #2 and that's where you will look for a breakout to find the overall pattern to be completed, most likely would be strong Resistance for a reversal on a short.
This is a 2 week chart so obviously that is a good amount of time away from now. Will take place sometime from now to mid 2021 to break out of compression zone. Opportunity for big move is approaching.
Lomg term analysis, Best of luck! 🎲🎲
🥇MLT | MAJOR LEAGUE TRADER
USDJPY near support line It is possible USJDPY to fall back to support level 106.8.
In this case, I recommend everyone to buy USDJPY From this level to the resistance line.
USDJPY Support and Fib Confluence Short Opportunity?Risk to Reward might not be in your favor depending on your stop loss strategy
NSDUSD high probability for sell im in in this trade I'm risking 90 t reward 320 pips high probability for sell NSDUSD
USD/JPY Trade AlertHello traders,
Today i'm updating USD/JPY . do you recognize a pattern?
i do, it's an ending diagonal indicating a trend reversal is near by
always look for more confirmations before enter the market and this is One, Another one can be oversold RSI and Stochastic or Bullish candlestick formations
Happy Trading
