Uj
Consolidation phase for UJBulls eyeing that resistance on the H4. Multiple rejections at that price point due to Fibonnaci 61.8 retracement zone. If the resistance holds, may look for high probability sells.
US Treasury Bonds (30Y) to 2016 lowWeekly chart says it all. Agrees with UJ Seasonality and USD devaluation.
Clear Breakout Trade Plan On UJHello Traders
Back with another tactical trade plan
Today we take a closer look at USDJPY that has just broke out from an uptrend momentum.
The overall trend is still bearish even though previous upside impulses had some impact but didn't change the overall sentiment.
Here my entry point is based on the retracement on the break out point.
If there is further spill this trade idea will be rejected so further downside without any retracement whatsoever is also a possibility .
We are expecting things to play out in the exact same way as the trend lines and arrow projections indicate otherwise the trade plan will be cancelled.
Traded safe trade well
Usd Jpy LongFX:USDJPY
The weekly looks solid for this week bullish sentiment, keep an eye on trade war news to ruin the bulls party
USDJPY Potential Long PositonUJ Long. Confluence with institutional support & fibonacci retracement and overall trend.
UJ IHS below trendlineI see a small IHS below the trendline. If the pattern completes the price is back above the trendline and for a while UJ could go bullish.
USDJPY Analysis 30/6/19H4 chart
Daily Chart
30/6/19
Daily & H4 trend bearish.
H4 still bearish as long price did not break the blue box area (previous resistance area)
Looking for sell setup IF any at the blue box area. IF price breakout from resistance, SELL setup VOID.
USDJPY Analysis 28/6/19
H4 chart
D1 chart
28/6/19
Daily downtrend, H4 price downtrend.
Current price retrace back to the previous support broken and now act as resistance.
SELL setup continuing with the trend.
RR :1:2 to the nearest previous support.
USDJPY Technical Analysis We can see the uptrend on the USDJPY and we are looking at a BUY if we do break resistance at 108.000 and movie up to first take profit close to the resistance at 108.136. If we do break support however we are looking at a very nice downtrend until at least 107.400. Let's go champs!
USD/JPY Trade idea!Looking for price to react to this zone. I am more bearish than anything but am willing to change my bias if price tells me a different story.
