Jpyshort
JPY BASKET SHORT - TERM SHORTS 📉📉📉JPYINDEX should start the selloff in this area, price took all the liquidity above weekly high area. We can see that the bullish momentum is low already and we can see some bearish candles in formations, i expect to see the selloff at the start of NY session. This means bullish xxxjpy pairs if you have clear entries
What do you think ? Comment below ..
JPY BASKET SHORT - TERM SHORTS 📉📉📉On a short term perspective(start of the week) i see JPY to make a drop back into 9200 / 9080. Price rejected a bearish orderblock on d1 and filled a daily imbalance, also took out the stops above 9300 and reversed quickly. I would like to point that best trades right now are BULLISH JPY, but if you are more riskier you can try some shorts going into the start of the week.
What do you think ? Comment below
NZDJPY , SWING ON SHORTS ..!!From the daily time frame we see the price action has reached a resistance trendline , based on the previous 2 touches . what we understand from the previous movements of the market we will be looking for a chance or rather confluences as to why we vouch it to sell
based to the lower time frame , in this case the 4 hrs. time frame is best fir , where we will constantly be at the search of selling structure or concrete reversal pattern . and possible entries .
I'm bullish on CHFJPY prices is in channel in 4h chart
as I pointed on the chart , on the last bearish rally we couldn't reach the channel support line , and that's a reliable signal that price is going to reverse up
many times when something like this happens that price is unable to reach on side of the channel , it will break it from the other side
and we are seeing good momentum on the way up , so I think we are going to break channel's upper resistance line
in this case I'm bullish on this pair
good for bulls
THIS IS JUST AN ANALYSIS...
JPY could nicely FALL again!Hey tradomaniacs,
The JPY-BASKET is currently testing a strong resistance-zone after the breakout of a triangle 👉
So far sellers are taking some action and try to defend their zone which could lead to a pullback back down to the 61,8% fib-level.
A little bit suspicious is that a tringale usually contains 4 Waves, from A-D. Since a triangle is always a 50/50-Game due to the obviousness of retail-positioning which are waiting for breakouts, I expect price to move down as this could be a fakeout.
If this is the case and the US-DOLLAR keeps falling, we might get a great chance to catch dips at GBP/JPY and EUR/JPY.
Watch it carefully if you trade JPY-Pairs❗️😊
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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