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)
Shortusdjpy
Bearish DXY
I have a channel for the dollar's current price movement. Maximum potential price point for dxy will be 97. From there we will see a downturn most likely to 96.50
Short Position For USDJPYI just found out that the price for USDJPY now is near to the Resistance, plus I see a downtrend channel.
If the price still hold below the Resistance, USDJPY will go down again, and probably gonna try to breach the 110.00.
Therefore I decided to entry Short Position :
SELL @111.10
STOP LOSS @111.50
TAKE PROFIT @110.30
It may go down, it may be not.
This is just an analysis and my perspective. This is not a signal or a suggest, so trade based on your own favor :)
Good luck!!!
Cheers!!
USDJPY weakening this yearExpecting the weakening on USD to force investors to the safe heaven currency quite soon
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 :)
USDJPY-Weekly Market Analysis-Jan19,Wk4USDJPY is still on its bearish run, on the resistance line will be a potential trend trading opportunity for shorters.
If market break above and close above the resistance line, the market is on its bullish turn.
For aggressive traders, you can wait for the market retracement back into the blue zone and it does give the aggressive traders an opportunity to engage a counter-trend move.
USDJPY TO TANK AGAINOANDA:USDJPY has been tanking since the 22th of this month. It is expected to continue plummet further on the H4 chart.
StopLoss: 109.5
TakeProfit1 : 109.135
TakeProfit2: 109.000 Psych level
usd yen short Hi everyone this is what i see at the moment
USd yen looking like its going down to the target mentioned once this tp gets hit once that happens a reaction will take place how much that reaction will go up etc
happy trading everyone
Kris
SHORT ENTRY AROUND 111 FOR USDJPYOverall USDJPY is still in a sideways movement on a daily technical chart.
But I am giving short bias based on the price movement, which is within the range.
USDJPY : Be patient to Short the pair !Let's see how the usdjpy pans out, we will short only if it comes into our zone. Happy Trading :)
USDJPY - called that bounce, down it comes 110.6x criticalSmoked 'em good boys' n girls. Wicked that top down trendline PERFECTLY. (See previous charts, drew it like 2 weeks ago).
It was only a matter of time before they had to reset all the indicators and I think I was only a day or less off.
Bears need to take out the 3-bar pattern (pretty much taken it out) and more importantly 110.6xxx. Bulls need to stay away until we break this trend (which is the top of the channel.
Good luck all! Cliffff this b!tch!
USDJPY Short IdeaHello Traders,
Price is forming a reversal pattern and we have macd divergence but not so strong, look for sell as much high as you can. First target in the pattern at the bottom trend line.
Good Luck!
Cheers,
Jonas
USDJPY ShortAll there. JXY strength, dollar weakness. Gold up to new record highs, pushing the Yen down.
5 wave structure in the S&P500Guideline of Equality, in which wave 1 is equal to wave 5.
Although Wave 5 of 5 could fail to make a new high, so correction might come sooner.
Load up in Gold and yen. Short USD.
Short idea for USDJPY linked.
possible 5 wave structure in the S&P 500It would seem as we are about to complete the 5th wave of a 5 wave structure on the S&P500.
Given that we could state we are in wave 4 of wave 5, we could expect a wave 5 of 5.
This could be finished at the confluence area of the 1.27 and 1 fibonacci in 2493 - 2527.
Wave 5 of 5 could also fail to make a new high and go short way before.
In conclusion, it could be a good idea to stock up in gold or start getting ready for a short in the S&P 500. It could take a while though.
If we follow the guideline of Equality (in which wave 1 is equal to wave 5) we could be seen this in October - November.
It is possible within the Elliott Wave framework for the wave 5 to be incomplete, therefore we could be seeing it sooner.
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 :)
Trading the gapA bit of a gamble to be honest, but there's enough evidence from this year to support a gap down this weekend. I labeled all the previous gaps this year and why I think they happened. I've put a very small position on a short gap down since I believe our support from this week's trend down is around 112.450.
If it pays off, I'm closing it as soon as market opens because I believe we are very close to a rebound on a longer term up trend for the US dollar.
On the other hand, if we see a gap up, it would be a strong signal of the down trend finding a a bottom, I'd wait to see if it closes the gap and close position, while at the same time I would look for a long entry.
USDJPY SELL TRade setup IF breakUSDJPY SELL SETUP Trade If Break 115.200 then confirm trade Sell and Go to for Hit Two traget
