Lots of downside left in USD/JPY.Complex head and shoulders (2 right shoulders) + price is respecting the supply zone and the diagonal resistance.
Target 1 = Demand zone 1
Target 2 = Demand zone 2
Forex-usdjpy
GBPUSD, pending order longTo my additional GBPUSD 1,2869 long position, I set up a pending order long, at around 1,3330
TP is above 1,42
USD/JPY : Short entry to 110.20 Hey guys
Here is a nice potential entry on USDJPY
Accumulation of :
- Retest of resistance zone
- Fibonacci confluance
- Trendline & bearish structure
- Will be overbought
Good luck :)
USD/JPY : H1 Short Entry (R/R = 4)Accumulation of :
-Breakout and retest
- Overbought
- Resistance zone
- Bearish structure
Good luck !
The American Eagle De-Appreciation Before The Appreciation The JPY has been moving quite heft and strong over the past weeks with the Nikkei 225 also doing re-tests so we've got some action happening in the JPY - The USD has been manipulated heavily throughout 2017 with the USD Appreciating more than de-appreciating, but it's come to a level of exhaustion right now and we can confirm that because the market retraced at a resistance, and also broke through a significant event area - A potential 50% Fibbo re-test from the lowest leg till the highest leg on the overall trend, so i'm going to presume that the USD could potentially drop to 110.500 before starting to appreciate in value again.
Fibonacci Retracement on D1 to long USDJPYWaiting for a retest again at 61.8 level. If didn not break below I looking for long opportunity. At final TP I am looking to short (Bear Bat) will do another analysis on that.
Reward to risk is 4 : 1
USD/JPY : Short entry** Hey guys whats up
Accumulation of :
Breakout and retest of red trendline
Fibonacci confluance
Bearish structure
Resistance zone
Good luck ! :)
USDJPY possible short revisionMy last chart was a little messed up. Click on the note tabs for my take on the different types of analysis (candlestick, technical, fundamental, sentiment)
USDJPY possible short Look at my chart's notes for a full scope on my technical, sentiment, candlestick, and fundamental analysis.
USD/JPY (8/1/17) *Still Potential BEARThis pair is early on the sell side, more slide shall unfold.
I am standing with slight bearishness, and do not add aggressively just yet.
As for now going to 112.5x region is easily reachable.
Trade Safe,
s0nic
USDJPY Long to 116.00 ? Potential sell trap ? It looks like we may be looking at a potential continuation of the bullish run on this pair as it looks as though the price dip around 113.00 just so happened to be a sell trap. However another break below 113.50 will be confirmation of further bearish movement. For early entries now would be a good opportunity to jump in (114.05) however a break above the resistance area of 114.40 will be confirmation of further bullish movement.
USDJPY - bullish third waveIt's likely that we're going to have another bullish impulse pretty soon.
USD/JPY (1/11/17) *UP to +320 pips potential trade set upPreviously, USD/JPY was riding well the pullback of USD.
Since I am expecting USD to turn back weaker and JPY to strength, this pair becomes a good contender for a short entry.
It is now near a nice tripple top. It may swing up more first, just to slide back down. That scenario is highly possible.
If the trade goes as per plan. it can swing back to 111.27 level and we can potential net up to +320 pips.
Let's see
S0nic
USDJPY LongHey Guys, We are keeping our bias bullish for UJ over the next few weeks and have identified a potential area where this chart may find a higher low structure level at 113.200. This is based on a support and resistance level which has been tested on both sides and a previous higher high point. We have a target of 114.778 and a stop loss at 112.900 giving us a very good risk reward of 5.26/1.
Will we get a breakout today?Hey guys!
Just spotted this today and I want to see what your thoughts are on this USDJPY H1 triangle break.
Are you keeping an eye on this?
We think you should!
We have the recommend long or short depending on what this pair wants to do in the next few hours. We will keep you up-to-date on this as the day goes.
This may be a good trade to take at the beginning of next week but we will have to wait and see.
Let us know what you see!
Thanks,
-Team/ Trading Strategy Guides
USDJPY in traingleIt looks like USDJPY is closed in traingle. After the break out downwards price was stagnated in the next lower consolidation in triangle. We are keeping our sell expecting to price will go down. If price will break out upwards we will close our sell trade. We must also watch out for false breakouts.
USDJPY SELLUSDJPY break out down of range where price stayed since end of semptember. As we told earlier, this should be correction of previous growth and price should go to support zone at 110.60-111.00. Aggresive traders could sell with a small stop loss. Conservative trades could wait for a pullback to the broken zone.
USDJPY still in rangeUSDJPY sill stay in range 112.25 -113.25 since 27 september. In friday at NFP publications we have false breakout but price quick back to the range. Daily friday pinbar could suggest quick breakout lower, but today session doesn't give us conclusion. Still waiting for breakout.
USDJPY expecting correctionUSDJPY is growing from the begining of september without larger correction. In the last days growth rate has decreased and USDJPY stay in local range 112.20-113.20. Today price break out up but it fast back to the range and now price drawing pinbar. All looks like price finally will breakout down, will make correction to support zone 110.70-111.00 and than will go to the resistance level at 114.30.
Bullish Bat PatternPotential Bullish Bat Pattern Forming
Entry at D-Completion
Target 1 at .382
Target 2 at .618
Stop Loss at 1.13
USD/JPY (29/9/17) *Bull trend but small swing down possibleThe pairs look exhausted and the swing back may well on the way.
Traders can look for a nice swing down.
Just be careful that, we are still in for BULL trend.
Trade Safe,
s0nic
Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level.
or if there is any question about this analysis/need new update.
Because I'm not monitoring this chart all time.
