USDJPY,🔴Sell opportunity🔴The price had a bearish reaction after collecting the liquidity above the previous daily high.
In addition, the price created the liquidity pool formed equal highs below the supply zone.
So we can expect the price rise to collect the liquidity and have a bearish reaction to our supply zone.
Please pay attention; we need a lower time frame confirmation for entry.
💡Wait for the update!
🗓️29/01/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
Jpysignals
JPYX Analysis. Another signal.Hello Everyone. After long time i want share my idea about JPYX which will be signal.
After big and bearish movement we need somewhere correction bearish trend is strong but at the moment its weak and i see more buyers than sellers, i will try catch the bullish little movement and then i will make another analysis which will be short.
after bearish movement we have price consolidation where se see liquidity both side, last time price make pretty strong up movement with high volume which gave me some interested area and ill try open from here my long.
Open position - 769.2
Stop loss - 766.7
Take profit - 777.0
If my price prediction will be right at the index, i will long most JPY pairs.
Good luck everyone!!!
Manage your risk!!!
Japanese Yen, is it now to correct the bull move?All major pairs beat Japanese Yen for weeks, very strong bull move. Not to mention the USD. NOW, with an exception of USDJPY, is it now to do the correction. This week signals for the correction, 4H swing low have been taken (EURJPY, CADJPY, AUDJPY) and need confirmation next week, when bull re-testing this week high. The moment of truth :)
If bull fails, this would be interesting. Embrace the mighty bear's move. It is very likely the bearish move would mirror the bull move, STRONG AND LONG bars.
USD/JPY Updated Entries + ExitsHow To Play The Chart Entries/Exits:
Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 30 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat.
SGDJPY Has Broken below the Head & Shoulders
Welcome back Traders, Investors, and Community!
Hi Traders, SGDJPY Has formed a Head & Shoulders and has already broken below the Neckline, It might go back to around 81.50 before it goes lower.
⬇️Sell now or Sell at 81.500
⭕️SL @ 81.670
✅TP1 @ 81.180
✅TP2 @ 81.060
✅TP3 @ 80.840
We will have more FREE forecasts in TradingView soon
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Have a Profitable Day
USDJPY Has Formed a Bullish Flag
Welcome back Traders, Investors, and Community!
Hi Traders, USDJPY on H4 has formed a Bullish Flag which is a sign of Bearish move. The Bullish Flag has formed after the breakout of the support by a large red candle which is another indication of the Bearish move. It might go back to 110.93 before it continues to go lower.
⬇️Sell now or Sell at 110.93
⭕️SL @ 111.36
✅TP1 @ 109.65
✅TP2 @ 108.47
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
GBPJPY Has Made a Double Top H1
Welcome back Traders, Investors, and Community!
Hi Traders, GBPJPY on H1 has made a Double Top and rejected by a large red candle which indicates it’s going lower. It can go lower to 151.9
⬇️Sell now or Sell at 152.88
⭕️SL @ 153.31
✅TP1 @ 151.9
✅TP2 @ 151.17
✅TP3 @ 150.20
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
USDJPY Sell SignalPattern: Channel Down since 2017.
Signal: Sell as the price broke below the Channel's pivot (dashed line).
Target: 102.000 (just above the Support line and the inner (blue) Lower Low trend-line).
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CHFJPY Trading PlanPattern: Channel Up on 1D.
Signal: (A) Bearish as long as the price trades within the pattern, being just below the Higher High trend-line, (B) Bullish if it breaks above.
Target: (A) 111.000 (just above the lower Support), (B) 118.000 (Just below the Sept 2018 Resistance).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
NZDJPY Sell SignalPattern: Channel Up on 1D.
Signal: Sell as the Channel Up is on Lower Highs with the price near the 2 year Lower High trend-line and the RSI being rejected on its 2 year Resistance Zone.
Target: 64.000 (just above the Support).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
USDJPY Buy SignalPattern: Descending Triangle on 1D.
Signal: Bullish as long as the 106.00 Support holds.
Target: 108.500 (around the Lower Highs trend-line from March 24).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Most recent USDJPY signal:
GBPJPY: #POUNDITSince mid-October the GBPound has been gaining momentum against the JapenseYuan. Reaching a recent high of 147.900, the price point immediately reverted to retest the previous channel's top trend line near 141.500 (shown in orange). After a showing of strong support, the price point returned to its longstanding uptrend which started August 11th 2019 (shown in green). Currently sitting on the 50EMA (25 day average) and the bottom of the longstanding trend line, I expect this price point to continue rising and eventually retest the 147.900 mark. Trend direction's obviously changing because we're sitting above the 200EMA now. I wonder if its finally headed back toward the highs of August 2015 (194.510).