Uj
UJ Quick +25 pip ShortQuick, Simple, Analysis based on price behavior I've seen over and over and over.
DXY Directional bias is bearish but we could expect a bullish Legg upwards, however I've learned Trends usually tend to keep trending in their direction until major support. So I would say chances are bigger UJ will dump since we went up a lot and DXY bias is still bearish for now.
UJ clean technical on buy Technicals indicate trend continuation on 4hr frame with closure of candles above and rejecting 618 fib we can see next short target up to previous highs which are in line with -27 fib extension.
USDJPY SHORT we can see a very nice bearish flag forming on USDJPY, so we can see one more drop to the downside. If price is aggressive then we can hold this all the way down to 100.00 so we can secure some good positions for long term traders.
USD/JPY, Trading Plan.I think that USD/JPY will continue up move
I will open buy if the price will make a pullback to 110.10
because:
- Trend is Up
- Near that level low risk
- Potential reward will be 1 to 4
UJ Sells , Overbought TP3 Target is +370 PipsHey Guys,
Chart should explain it all, feel free to ask questions.
Chears!
USDJPY Over Bought??As you see on the chart H4 above, this pair can be corrective if break of the uptrend channel............
USDJPY could hit between 111.20 and 112.93This pair was in a long running consolidation of wave B after a strong impulse up in wave A.
The wave B could have been finished already and we are heading north now.
The breakout above yellow resistance is needed.
Target is between 111.20 (C=0.618 of A) and 112.93 (C=A)
USD/JPY, Trading Plan.Near 109.821 is a good place to open buy with low risk
I will open buy if the price will make a Pull back to key level.
- Middle - term trend bullish
- Price above key level
USDJPY Short- Retest of SupportEntry - 109.75
Target - 108.19
Stop-loss - 110.53
Short position at the daily 30EMA (green line) and an area of previous S&R (light blue line). Following the 30EMA and 200MA crossover and breakdown at the end of December, USDJPY formed a bear flag. The potential problem here is that long monthly wick from the 104.7 level, but I'm looking for a retest of the 108.1 area before another move higher.
-Zedro
USD/JPY, Trading plan for next week.I think UJ will continue up move.
The best place to open buy will be near 109.068
- Price made absorption
- Daily trend is bullish ( mostly price continue it)
USDJPY creating an inverted H&S pattern? UJ seems that is respecting the little trend line, but I think it will break soon. I am seeing a nice inverted head and shoulder pattern to continue long.
We will be looking for long entries on monday on the right should which is also located in the 38.2% of Fibo.
Let me know your comments about this pair.
USD/JPY, Trading Pan.I will open Sell if the price will make pullback to key sell zone 109.079 - 109.14
- Price broke down a key level
- Daily candle close under it
UJ ranging? possible long on route for UJUJ looking to be in a range. looking to take it up to the next high. This all of course could be pushed down due to the fed rate decision later on today
USD/JPY, can continue UpTrend. I will open Buy if there will be fake broke of buy zone 109.66 - 109.147
because the trend is still bullish, and it is the best idea to open entries after pullbacks.
USD/JPY, Buy near 109.05Price came back to key buy level 109.09
I set a buy limit near key buy level 109.09
- Middle -term trend bullish
- Price close to mirror level
- Risk/reward 1 to 4
UJ Seasonality directions Sep 14Doubts about where the market will be heading the next few days? Here are my view on this. Don't pin me on it but I have spent quite a few hours/days/weeks/ if not months on UJ and UJ seasonality so I'm pretty confident. Nevertheless you never know if the USD raging bull got himself a new tool early for christmas and is capable of pushing over macroeconomic cycles of the two for long largest economies on the FX market.
Also, never too often to repeat this, so manage your risk properly and consistent!
Happy trading!
Arnaud
