Time Frame: 4H Symbol: JPYUSD Entry: 0.007405 TP: 0.007222 SL: 0.007528 Bias: Short We plan a short trading set up from the current price context . The trend is bearish and the trend will continue to remain bearish for next week or so.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007332 TP: 0.007126 SL: 0.007514 Bias: Short Though the price pattern is showing a low volatile ranging condition, there is a possibility of entering a short opportunity. Our decision is purely guided by historical price action study. So any major fundamental factor can have a massive influence to break out of this zone.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007388 TP: 0.007181 SL: 0.007578 Bias: Short For this instrument we are planning short and our bias is supported by the recent study of dynamic price resistance .
Time Frame: 4H Symbol: JPYUSD Entry: 0.007394 TP: 0.007180 SL: 0.007591 Bias: Short We plan a short entry for this instrument. Because of dynamic resistance, there is a greater shorting possibility.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007341 TP: 0.007149 SL: 0.007505 Bias: Short The price story of this instrument reveals that the pair has an ambience of make the price drop . The price level will drop creating a beautiful shorting opportunity.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007434 TP: 0.007192 SL: 0.007643 Bias: Short The way is clear that the price level will go down further creating a better selling opportunity. It is difficult at this situation to keep pace with dollar and therefore the major bias will be bearish and which will have some promise to create some short opportunities.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007440 TP: 0.007197 SL: 0.007644 Bias: Short The pair has already set a bearish bias for the current price movement direction. It is supported by the strength of dollar and weakness of this instrument. Our goal is to ride with the current trend.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007469 TP: 0.007264 SL: 0.007623 Bias: Short The pair is bearish . If we think about going short for a week or two ,this pair can be a good candidate. But for a short term trading, it is not a good choice.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007483 TP: 0.007085 SL: 0.007772 Bias: Short The pair is trending down. If we look at the current price and its propensity to move downwards ,it becomes explicit that the pair has potential to go down creating a short opportunity.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007544 TP: 0.007234 SL: 0.007776 Bias: Short For this instrument our bias is short and we are using the short term momentum and volatility as triggers. If the current market situation persists ,it will create a short term sell opportunity.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007662 TP: 0.007479 SL: 0.007816 Bias: Short This pair might move significantly due to the strength of dollar. As we see the trend and momentum studies of this instrument expose a bearish sentiment and that is why we are for a sell signal.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007721 TP: 0.007518 SL: 0.007857 Bias: Short The current price projection for this instrument is showing a bearish bias and that is the reason we anticipate a high probability selling setup from the current context. Though it is an obvious sell signal, trade should be placed with proper caution.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007856 TP: 0.007563 SL: 0.008099 Bias: Short As we see the current price structure of this pair is gaining some bullish strength which is waiting to culminate in a short opportunity. This sudden surge will not sustain and it will come back to it's established direction.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007710 TP: 0.007461 SL: 0.007907 Bias: Short The trend is strongly bearish . As we see the current price action is following the beaten track, our goal is to catapult a short opportunity.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007734 TP: 0.007382 SL: 0.007980 Bias: Short The obvious trend is bearish . it is following the beaten track. Let us then ride the bearish trend.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007766 TP: 0.007400 SL: 0.007998 Bias: Short In spite of some trend corrections, our bias is still bearish. We need to find an window of selling opportunity.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007830 TP: 0.007544 SL: 0.007994 Bias: Short We are bearish for this instrument . The established trend is bearish and the market dynamics insinuate that the bearish trend will be longer and therefore we are on the direction of the trend.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007686 TP: 0.007383 SL: 0.007893 Bias: Short For JPYUSD our goal is to search for a suitable selling opportunity. Considering the strength of the bearish trend our bias remains with the trend.