USDJPY D1 ShortHere's my idea for USDJPY for the coming days.
Greenzone would be my possible entry, but I would like to enter at 112.783 just to be sure H&S materialize.
Uj
USDJPY Short ScalpHey 4 hour rsi is overbought, short scalp is possible here for 40 pips or so. Daily also had a big spike today.
USDJPY 4hour Analysis December 26th, 2021USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Looking bullish here on UJ but i’m not that convinced that we are going to push higher.
Ideally we can consolidate a little above 114.150 support followed by some strong bullish volume.
Trade scenario 2: For us to consider UJ again we would need to see price action form a lower high below 114.150 support.
uj shorti dont really trade this pair but in see sells all day!!! as simple as it gets but we will see during london
USDJPY 4hour Analysis December 19th, 2021USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: The 4hour is looking bearish but we still have a lot of resistance near 114.150.
Ideally, price action breaks and forms a higher low above 114.150 so we can enter long.
Trade scenario 2: For us to consider UJ bearish we first would need to see price action head back toward 112.700 support.
USDJPY 4hour Analysis December 12th, 2021USDJPY Neutral Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bearish
Trade scenario 1: Overall we are mainly bullish on the higher timeframes but we’ve seen a very strong 4hour bearish trend lately.
The unfortunate thing is we’re seeing a ton of traffic on this pair with tons of consolidation and s/r levels in the area.
To play this safely we’re looking for higher lows above 114.150
Trade scenario 2: The same goes for the bearish scenario, we need to see a lower high below 112.700.
UJ Daily chartUJ has gained some momentum and my analysis for the next few days is on the chart. you can drop to lower timeframes for an entry. wait for a stop-hunt and enter(short) on a retracement(NFA!)
USDJPY ELLIOTT WAVE ANALYSISusdjpy has been showing signs of oversold, and my wave count also shows me that usdjpy has lost bullish momentum, and we about to start a bearish move,infact not start but continue the correction from 2016
My USDJPY Long ideacheck out what i see... i think this could be a potentially great buy zone... but.. hey ho... what do i know
RISK MANAGEMENT IN PLACE MEANING... NO STRESS OVER A LOSS
1% AT ALL TIMES PEOPLE! DOESNT MATTER IF A TRADE WINS OR LOSES... TAKE YOUR EMOTIONS AWAY
USDJPY 4hour Analysis November 14th 2021USDJPY Neutral Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Neutral
Trade scenario 1: We have a wild range here on UJ so we have to play it safe. Overall we are pretty bullish on the higher timeframes.
Ideally, we see bullish price action break the range and resistance near 114.150 and present a higher low above.
Trade scenario 2: For us to consider UJ bearish we would need to see bearish price action break the range.
You could trade the range if you want but I do not recommend it.
USDJPY - Live Weekly Elliott plotAs per plotting of the Weekly in Advanced Get - we will update these ideas & add daily plots.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
USDJPY 4hour Analysis November, 7th 2021USDJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: Definitely looking bearish here on UJ but will this current break confirm or fakeout.
Ideally, we see a lower high form here below 113.450 with strong bearish setups to enter short on. Look to target lower toward 113.000
Trade scenario 2: If this current attempt to push lower fails, look for a higher high above 113.450 to enter long on and target higher toward the top of the range.
Bearish movement in UJ ahead!In my analysis, I think there will be a large bearish movement in USDJPY. UJ have in kind of rectangle chart pattern from past few weeks. In addition to this, yesterday's candlestick closes with a tri-star chart pattern, which is a moderate reversal pattern. See the picture below and I would love to have your say on this.
UsdJpy Short I believe price will drop as candlestick broke price action of bullish uptrend and rejected testing area of resistance. Will be looking at this pair all week
Give comments and feedback below of your idea
Thank you
Best of luck trading
Kwmae
USDJPY 4hour Analysis October 31st, 2021USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Clear bullishness here on UJ but we can see on the 4hour that we have a bit of a range forming.
Ideally we continue with the overall bullish trend and enter long after we can see a higher low above the range.
Trade scenario 2: The other trade idea would be to play the range and catch a reversal near the top of the range while targeting the bottom.
USDJPY scalp short to 113 areaSmall lot USDJPY scalp short to 113 area, just some mean reversion on higher time frames. And this could take a while, maybe a month possibly.
USDJPY Daily Analysis October 24th, 2021USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Finally UJ retraced after a very extended rally. From here we’re looking for a reversal near our 38.2% fib level. Look to enter long on bullish setups confirming structure.
Trade scenario 2: If we see a break of our weekly near 113.000 we will consider entering short on lower highs below 113.000. Look to target lower toward support around 111.500.
UJ ShortStop loss above previous high. Stop is placed just nicely above the high where multiple indicators are diverging.
USDJPY Sell Area - MultiYear HighUJ has hit a multiyear high resistance level. Give then recent sharp push in price, to get hit this area and reversal patterns starting to form - we can expect UJ to start selling off.
Price areas to note are the 111-112 mark with smaller time with a SR level.
Long term target is arounfthe 104-106 Range.
USDJPY Daily Analysis October 17th, 2021USDJPY Neutral Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: UJ is overextended as sh*t… we need to see our next higher low above 113.000 to confirm a bullish continuation.
If this happens we can consider long opportunities to new highs. Keep in mind price action will remain fairly bullish as long as we are above 111.500.
Trade scenario 2: For us to consider UJ bearish we would need to see a break back below 111.500 with a lower high below.
USDJPY correction to 112.45 likelyFSVZO (advanced momentum indicator) demonstrates that USDJPY is overheated in momentum. It will likely correct to 112.45 in short term.
USDJPY longer term viewHi fellow traders,
Buy USDJPY until the blue box then we look for sells.
Goodluck!
