USDJPYDIDNT POST THIS ONE...
BUT ITS LOOKING GOOD :)
TARGET 1 IS GETTING CLOSE.
TARGET 2 AND TARGET 3 AWAITS!
Uj
USDJPY - SHORT - AB=CD PATTERNAB=CD PATTERN
TARGET BASED ON 382 AND 618
WILL ENTER AT THE BREAK OF THE SUPPORT LINE OF THE RISING CHANNEL
USDJPY / SHORT / SWING
USDJPY / SHORT / SWING
- higher time frame analysis
- Daily Pattern
- EMA's as confluence
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)
