Trade Ideas Position: USDJPY SharkTrend trading trade meets shark.
Exact Entry Stops and Targets send to my inner-circle
Forex-usdjpy
USDJPY Short - Bear FlagA very noticeable bear flag will be ending this pretty good bull run.
It already has broken through the flag and we will see a good correction from the previous run.
USDPY, Strong downward on D1==> SellD1:
- Strong downward
- Below resistance
--> Waiting pullback==> Sell
USD/JPY - Long Shoot Here we go another USD/JPY good idea for the ichimuku trade,.
The yen is firmer across the board as China returns and tumbles with the central bank's move to aid economy being shrugged off and the CNH dropping to the lowest levels since mid-August. This has sparked some risk-off play in markets with US indexes in the red. Similarly, Italy continues to weigh on investor sentiment and we had seen the biggest hourly drop in the yen since July
As you can see it has been the biggest drop so we feel the bulls will come out now.
USDJPY. Turning DOWN now. Trading Criteria:
Regardless which way you want to trade, look for minimum five 4hr. candles in consolidation zones (yellow boxes). If you're a pattern trader or pinbar trader, this might be useful here.
Wait for the breakout of 4 hr. consolidation to take the trade. I usually aim for 100 pips or 80% of weekly ATR. I place my stop loss above/below consolidation.
*These zones, with the inclusion of price action described above, have remarkable accuracy.
USDJPY LONG 4HR
Hold this postion since last week friday, my target is 150 pips
SL is already in Profit so its easy to let this position run without risk
USDPY LONG IDEAIm in UJ after it breaks and closes above my daily zone,
Not investment advice just my analysis
Bearish Cypher Harmonic Pattern (Valid on D Timeframe) - ShortValid Cypher Harmonic on Daily timeframe
Daily:
Bearish Engulfing Pattern formed at 0.786 fibonacci retracement at which it completed the Cypher Harmonic.
Wick on Daily timeframe formed a double top and rejected at supply zone.
1 Hour:
Break of trendline @ 111.426 on 30/08/2018
Retest of trendline on shorter timeframe (15min & 5min) @ 111.436 - FIRST SELL OPPORTUNITY
First Take Profit (TP) target met at the 0.382 Fibonacci retracement of point C and D of harmonic pattern @110.962.
Price is now reversing with bearish engulfing pattern formed at the 0.382 reversal point - SECOND SELL OPPORTUNITY
Second TP target is at 0.618 fib Fibonacci retracement of point C and D of harmonic pattern @110.539.
USD/JPY - Confirmed BreakdownAs a continuation of the previous USD/JPY idea, we have our breakdown now and the short time is now. Let's watch the price action progress over the next few days.
Entry point and Stop level indicated on the chart at time of idea creation. Profit target will be taken discretionarily (no set target) according to how price can go.
Stay tuned!
USD/JPY AUg 2018 (A massive downside potential is spotted)This will be my views of USD/JPY (Aug 2018)
Please make sure to read the "update" comment as there will be changes along the way.
Cheers.
S0nic
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USDJPY - A good Down-movement to join!USDJPY
The currency pair formed a new low, breaking last one.
The setup is bearish, with the green moving average that is moving down very fast.
I expect a test of the level at 110.10, with a possible breakout.
USD/JPY Long order 4H We have a new long order on the USD/JPY 4H chart. After the news from the BOJ this morning the market has broken the range and is now starting to from a upward trend. We will adjust our trend lines as we go along. Profit target and exist all depends on how the trade plays out, we will close half our trade at P1 target, but may need to exit sooner depending on the market movements.
USD JPY - Perfect EntryHello guys,
as you can see we had a very bearish breakdown to the 110.893 zone.
Now its time for a perfect rebounce game.
BUY IN@110.893
R1/T1 111.397
R2/T2 112.192
R3/T3 133.168
STOPLOSS: 110.450
PITCHFORK - Forex USDJPY Analysis Q3 2018Analysis for USDJPY Q3 2018
Expecting price reversal around median line pitchfork
If yes we could see price moving lower towards lower line
However on US Index from our analysis is currently retest on median line
Stronger dollar would push USDJPY towards upper line pitchfork
Diamond Reversal Pattern on USD/JPYPossible Diamond Reversal on the USD/JPY 15 min chart.
Good possibility for a 10 pips scalp if not more, but there is some support on the previous swing high at around 110.223.
Trade wisely ;)
Short on USDJPYStaying under support turned resistance,
good r/r ratio so if i get stopped nbd, its worth the risk.
-110.134, 50 leverage
USD/JPY LongUSD/JPY still has a lot of bullish momentum and I believe it will continue the bullish trend once it retest a key support level.
strugle of MPP 110.769 AgainAlthough we can see a return to the horizon which attacked a few days ago overall, UJ is no exception.
Also, unlike the previous contact at 6/15, it is stopped cleanly.
On the other hand, when considering that the wall of the limit order is thin due to overshooting of double zero 110.000 over two times,
It seems to be becoming short-term advantage.
1) It was confirmed that MPP 110.769 functioned as resistance.
Aim for a short, try a double zero 110.000 penetration.
However, if it is determined that 110.000 penetration has failed, the position is handled.
2) price penetrated above MPP 110.769.
If MPP can be confirmed as a support line, consider a long targeting around 110.5 which is before the weekly trend line.
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Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
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