Sellusdjpy
Sell USDJPY ~179pipsI am looking to sell USDJPY from 104.190 for 178.8pips.
**Please DO your analysis and share your thoughts. Thank you.
Kenji signals: sell USDJPYToday, the indicator "Kenji" on the daily USDJPY chart generated a sell signal.
Let's give some explanations on this signal.
This is the ordinary signal to open the trade with a basic volume .
According to the indicator, the price of USDJPY is currently in the active downtrend phase (the area between the fast and slow averages is colored red). At the same time, current prices entered the sell zone, which led to the formation of a "sell" signal.
The short position remains relevant until either the market conditions change (for example, the downtrend changes to flat or uptrend), or a signal to close it appears (a red cross indicating a sharp divergence between the price and average values).
Recall, work in a trend is one of the most comfortable and potentially successful trading options.
For reference:
The "Kenji" indicator is a brand new look at the average analysis. The main problem of most trading strategies and indicators based on the average analysis is a number of false signals in the case of flat and trend reverse (for example, frequent crossings of the averages, numerous changes in the direction of the averages, etc.). As a result, averages analysis cannot show its real power and effectiveness.
The Kenji indicator using a unique algorithm avoids the most common average analysis traps and significantly improves the quality of signals by determining the current state of the market (using the color indication "Kenji" shows the current state of the market: red color - downtrend, blue - uptrend, green - flat).
It generates signals for comfortable trading in a local trend. The indicator provides information on both the timing position opening and the moments of profit taking. It also helps to determine the level of aggressiveness of a signal. This makes the "Kenji" indicator a handy tool both for novice and experienced traders.
Kenji signals: sell USDJPYToday, the indicator "Kenji" on the daily USDJPY chart generated a sell signal.
Let's give some explanations on this signal.
This is the ordinary signal to open the trade with a basic volume .
According to the indicator, the price of USDJPY is currently in the active downtrend phase (the area between the fast and slow averages is colored red). At the same time, current prices entered the sell zone, which led to the formation of a "sell" signal.
The long position remains relevant until either the market conditions change (for example, the downtrend changes to flat or uptrend), or a signal to close it appears (a red cross indicating a sharp divergence between the price and average values).
Recall, work in a trend is one of the most comfortable and potentially successful trading options.
For reference:
The "Kenji" indicator is a brand new look at the average analysis. The main problem of most trading strategies and indicators based on the average analysis is a number of false signals in the case of flat and trend reverse (for example, frequent crossings of the averages, numerous changes in the direction of the averages, etc.). As a result, averages analysis cannot show its real power and effectiveness.
The Kenji indicator using a unique algorithm avoids the most common average analysis traps and significantly improves the quality of signals by determining the current state of the market (using the color indication "Kenji" shows the current state of the market: red color - downtrend, blue - uptrend, green - flat).
It generates signals for comfortable trading in a local trend. The indicator provides information on both the timing position opening and the moments of profit taking. It also helps to determine the level of aggressiveness of a signal. This makes the "Kenji" indicator a handy tool both for novice and experienced traders.
USD/JPY SHORT OPPORTUNITY (4 HOURS):USD/JPY bearish on Quarterly and Monthly. Tomorrow, Initial Jobless Claims is being released, which may be the catalyst for UJ to hit the 61.8% fib, then reverse to -27.00%.
USDJPY Lookig bearishGood opportunity for short this pair
we see a resistance zone on 108.100
Chart show a bearish engulfing
r/r 1 to 2
Sell angle mirror pattern on USDJPYSell angle mirror pattern USDJPY - 111.63
SL - 111.84
TP - 110.84
RRR - 1:3.8
Additionaly reason to open sell USDJPY - Gold is going higher (attached idea)
Trend Line Resistance + Double Top+S turned R = BIG SELL I will list the factors that might lead to a BIG SELL on UJ soon.
1)Looking left, you can see that price broke out VERY STRONGLY from the symmetric triangular formation(light purple triangle.) This is a BEARISH SET-UP.
2) The Trend Line Resistance(Royal Blue line) has capped the upside since October'18. And this week as well, it has managed to stop the upside.
3) Previous DOUBLE BOTTOM SUPPORT(Green arcs) was broken strongly as well. Now this area(horizontal orange line) has become "SUPPORT TURNED RESISTANCE".
4) POTENTIAL DOUBLE TOP (red arcs) which seems to have stopped the rally once again.
So, in light of the above-mentioned factors, I will advise traders to look for sell between 111.90-112.10 with SL above 112.55
TPs can be set at 110.90 and 109.80 respectively.
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Let try sell USDJPY again 109.91. Last order today on this pairI have SL at last sell order on USDJPY. But price going so slowly up that i still waiting for fast sell movement.
Lets try make sell order from 109.91 to 108.50 TP and SL=110.17 RRR - 5.3.
Write in comments your opinion about this position on USDJPY.
USDJPY still wait for SELL pattern near 109.60I see that all USD pairs in medium term - are in downtrend.
But on NFP - USDJPY make good movement highly. Why? New buytrend? Or collected stops and went down? I think that way.
So i find sell position with SellLimit on 109.59. SL-109.83 TP-108.47 RRR - 4.53
Good or not? It really risky position. But interesting RRR. So lets try it :) I wish good profit for all us :)
UJ Breaks major trendline as predicted! Check my previous analysis on UJ in which I recommended short entries at the retest of a resistance area.
Also, to trade the breakout of the trendline.
If you are not in this trade, be patient for a pullback should give you an entry opportunity within the range i illustrate in orange.
Hold this position toward the end of the year.
Best luck! Follow my channel for more
BEARISH BUTTERFLY ON USDJPYOn the 4hr chart USDJPY abearish butterfly has formed. The D leg had along stretch, this is agood opportunity to short this pair. Look for bearish evidence before trading, use proper money management. Cheers fam
USD/JPY SHORTFundamentals:- The USD has been surprisingly bouyant considering the recent Employment data and the fact that Trump just pulled out of the Iranian Nuclear Deal. Although the Iranian deal may be a financial positive for the US it should still send investors flocking to safe haven currencies such as the JPY. I would like to see some more downside pressure on this currency pair before committing to the trade.
Techncials:- It was the techncials that caught my eye on this trade. The daily chart shows a nice double top with the base line running at 10880 giving a good suggestion for a sell entry. This double top is also the 61.8% Fibonacci pull back from the January High. So a good area of confluence at around these prices. For the full analysis sign up to the 30day free trial on the BOAFX Trading Signal Solutions website.
Short USD/JPYFundamentals:-
This trade is more driven by the fundamental aspect more than the technical picture. Things are heating up a little on the possibilities of a trade war between the USA and China which is causing weakness in the USD. I am looking at the Japanese Yen because it is what we call a safe haven currency. This means that traders will run to the JPY in times of global turmoil and uncertainty which generally causes it to strengthen.
Technicals:-
We have had a breakout to the upside yesterday which was quickly reversed on the latest trade war news and is currently hanging around a 50% retracement of that drop. Looking to enter on market.
Get the full analysis, entry and exit levels on my website under analysis and signals
Short USDJPY : Entry on upside pullbackI'm not sure whether USDJPY will be kind enough to give us this entry chance around 108.5's, but if we get that chance, on bearish confirmation initiate shorts in USDJPY and ride all the way down to 107's zone by trailing ur stops carefully.
As whole world knows this there may be occasional spikes to upside to hunt stops, so trialing stops plays the vital role
Happy Trading :)
USDJPY REVERSAL FROM RESISTANCE ZONE!!!Usdjpy entered potential reversal zone at around 114 to 114.60. looking to past data we suspect a reversal towards 112.25 or 61.8% of fibs at 112.80
