Taking a buy position at 154.759. I haven't seen too many signs showing any weakening in this pair. We are about to break through a previous old high, I'll be holding this trade up until the 164 area or until I see serious signs of weakness on this pair, for now I'm long and will continue to trade with the trend. Let me know your thoughts or if you see something...
⭐️ Smart investment, Strong finance ⭐️ USD/ JPY INFORMATION: During the Asian session on Thursday, the Japanese Yen (JPY) has gained ground against the American counterpart, breaking a three-day losing streak. It had previously reached its lowest level since November 28. The JPY's relative safe-haven status is being supported by a generally weaker risk tone and...
Based on technical analysis, the 4-hour timeframe is currently showing a rejection of the Exponential Moving Average (EMA) and the first support level (S1) of the daily pivot points. These factors indicate a potential bullish trend reversal in the near future. However, before initiating a long position, it is important to observe whether the price will close...
BUY USDJPY For an impulse I am predicting to get to 153.869 level, encountered a resistance that led to trend correction at recently before reaching the expected level. Judging from the prediction the expected correction has successfully completed now I believe the impulse continues. It's also important to note. If the movement continues bearish and...
Sitting on my hands until price comes up and passes148.750 which is where I would begin to take long positions. UJ has been having a steady increase in price since the start of the year. Price rallies, comes back to retrace prior lows or highs and then proceeds to continue with its rally. Good Luck traders let's see what the week brings us.
Hi Traders, I am currently watching USD/JPY for a potential Long Position. Now looking at standard price action, Price has created a Double bottom and went as far as breaking the neckline. The conventional way to enter this would be by entering once price has retested the neckline, which there is absolutely nothing wrong with. However, looking at the way price...
Reasons: 1. #USDJPY is above the last resistance 2. #USDJPY is between BB(3.2) & BB(1.61) + RSI is > 60 - Bullish 3. As per this setup - entry is around 110.11 , SL: 110.00. Target: 110.32 4. Risk:Reward = 1:2
usdjpy longs and short trads setupes u can understand this chart ?
Hello all we saw buy opportunity at USDJPY at 107.500 Our target is at 108.500 and 2nd target is 109.000 Make sure to put your Stop loss at 106.000 Good luck for coming week ✌️ If you like my idea don't forget to like share comment and follow 🤠
USDJPY LONG RISK MANAGEMENT AND MOVE SL AS YOU HEAD INTO REASONABLE PROFITS TO AVOID LOSSES.
USDJPY looking ripe, Entry for this buy at 105.337 . Our targets at 106.400 stop losses below 105.140 Use proper money management. Tight stop losses as always
Longer term fib, created swing high and swing low. We are now going into a retest phase of the move, before a sell off.
USD/JPY 78.60% fib retest rejection, then into -27.00% (106.351)
As I was expected in the previous published idea Price couldn't break the support zone. A new valley just formed @103.60 higher than the previous valley @103.17. A new uptrend is formed. I buy and there is still time to enter with buy orders. Targets are @105.45 and 106.40
I'm expecting a the US dollar to gain some strength this week, aganist the Japenese Yen. Looking for possible minor move to the upside followed by a retest, and then finally a huge move. Reasons for USD strength: 1.) The yen was very strong last week, and if you look at other currency pairs that traded against the yen, you would notice huge directional moves. 2.)...
Price has bounced off a very strong support line, is currently in an uptrend, no signs of bearish movement as of what I see now. Price is currently testing the 50% line on the Fibonacci, I'm going to place a buy stop @106.325 and ride it to 107.000
Hello guys, im actually expecting a bullish move today for the USD JPY wich is very strong this Week ! we have a beautiful pull&back on the H1 chart ! Actually im waiting for a strong move if the price react to the "symetrical triangle" i hope it will go to the 110.000 minimum or reach the 1.618 fibo (110.558) For me no signal for a changing trend ! D1 chart...