$USDJPY video analysis with a trade setupFX:USDJPY is looking higher. Find out from this video idea what are the long-term and short-term #elliottwave counts and how could you trade it
Udjpy
#USDJPY is breakout the resistance potential move for buy!#USDJPY is breakout the resistance so it's possible to move to the next level resistance area 110.080 and watch any bullish candlestick confirmation in the previous support area
Why we like it:
breakout the previous resistance area
Waiting for the bullish candlestick confirmation
1st support:
109.771
Next Zone area & horizontal swing Low support
2nd support:
109.457
Next Zone area & horizontal swing Low support
1st Resistance
110.080
Zone area & horizontal swing high resistance
USDJPY, H4 - the beginning of a new downward impulse?In the previous analysis, we discussed the possibility of an irregular correction to appear. Under this pattern, the C wave could already end by the breaking of the upward trend line. As a result, a new downward impulse may occur and strengthen the Japanese currency.
Around 109.32 remain the key potential resistance. Only overcoming this level could lead to a change in sentiment in this market.
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Daniel Kostecki, Chief Analyst Conotoxia Ltd.
Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and educational purposes. Personal opinion of the author does not represent and should not be constructed as a statement or an investment advice made by Conotoxia Ltd. All indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.
AUDJPY ShortSup guys, i'm looking into a possible good bearish move for the AUDJPY. Good indications of it by:
Break and retest on the Uptrend making support of the price.
Retraction until 0.618FIB that meets the uptrend.
A close by zone with the downtrend that is be doing resistence to the price that meets the uptrend on the first point.
Best Regards
José Pêssego
USDJPY LONGUSDJPY looks like it reached for the bullish order block. This is a bullish signal to me and I feel we could have a little rally. I am looking to enter on the 50fib. Will also watch on the LTF to see the price action when it gets there. Big potential targets so great risk/reward on this one
