Uj
USDJPY Short It can possibly retrace back to the 30 minute supply 138.499 and will continue to go down at 1 hour demand 134.946
Short UJ on 2nd test of 50% level on Sunday Night / Monday UJ traded lower on Friday and could be in for a minor top here. I'm looking for a retrace of the latest up move that has seen it rally into the 138's-139s. In the sharp downdraft late morning NY, UJ setup a short setup for additional downside in USDJPY. Look for a move back up to the 138.10 area. We encoun6tered resistance and traded away lower from this area. I am expecting a 2nd test of this area and if it does, could offer a compelling reward to risk ratio and an opportunity to get short for a move back into 135-136 area. This could be a multi-day swing trade to enter on a tight stop near the level and when it starts going your way, bring your stop to break even and let it work. Add on any spikes up as needed. And, remember to trail the move down with a 61.8% trailing stop,
Daily Updates UJ May 15th 2023Hello Traders!
We can see the dollar gain strength. Looks like it is following it seasonal bias for May.
USDJPY, Bullish market, 4HrHello everyone,
UJ began its official bullish momentum before the end of last week. Now that price has broken above EMA's and formed a double bottom respecting our demand zones, it will be in everyone's best interest to start looking for ways to enter into the bullish market.
In this idea, I'm projecting that price will begin to reject in 136.300 price area and make a swing down to the next support/demand area on our four hour time frame in the 135.290 price area. If the projections comes true, look to enter the market going long at your own comfort level.
If anyone has any questions, comments, or concerns, please do not hesitate to leave a comment. If this projection is similar to yours or agree with this analysis, please: Share, like, and/or leave a comment.
Asian Session Model Example 5 Hello Traders!
Same simple setup traders need to be using for the Asian Session.
This is step by step how I approach Asian Session.
Daily Update May 11th UJ 2023Hello Traders!
Dollar has moved back above May opening price.
We have left a discount range and could see the strong dollar push possibly.
How I missed you UJOANDA:USDJPY
Crazy NY morning, waited until the dust settled and charts refreshed back to the normal ebb and flow.
Wanted EU, but I saw UJ setting up, so what the heck, 10 pips hard TP hit....
UJDecided to take a break and wash the car and missed the whole move but still some great forecasting😂😂😂😂
UJZooooooom Ouuuutttt, go to 4H you'll see what I'm seeing. We have been falling and crashing for a while, this is part of the correction part of the move there is volatility that has been waiting f=to be released. Now we wait for the impulsive candle breaking the current trend downwards, then the violent pullback / slow down by many candles (Usually spinning tops), then final kisses and we then set SELL STOPS which ride us down the whole wave.
Daily Update May 9th 2023 UJHello Traders!
I am still bullish on UJ.
The fact that a higher swing low has formed under May's opening price is a good sign.
LONDON: USDJPY - 618 LIMIT BUY - ATR SLRequirements made for 618 retracement setup after impulse move up. Let’s see if we get a continuation. Market not moving much volume today
USDJPY, Bulls are in control, 4hrHello everyone,
The bears have now lost control over the markets, as you can see price has broken the white trendline to confirm that the bulls are now in control. To start off the week, It's recommended to look for a light set up to enter into the bullish momentum. Based off of where the market closed, price is projecting to move down to the next daily zone at 134.500. If price touches the area of 134.500, look to take a buy and hold it until the next daily area of support and resistance @135.400.
I am open to all feedback on the UJ price projection analysis, please do not hesistate to leave your questions, comments, and/or concerns. If this pre market analysis is similar to yours or you are confident that my analysis makes sense please share, like, and leave a comment.
LONDON: USDJPY - BREAKOUT - MOMENTUMBreakout setup occurring in live time with momentum entry, lets see if market will give us at least 1:2 RR
UJ SellsIf price could retrace to an area of value 4 bears, it would provide suitable r:r for sells.
ASIA: UJ - BREAKOUT - MOMENTUMGJ and GU have formed breakout setups and the potential can be great! Let’s see if it plays out
ASIA: USDJPY - BREAK & RETEST - REJECTIONUJ is testing nicely and generating price action to match the setup. Lets see what happens
ASIA: USDJPY - LIBRA / HEAD & SHOULDERS - IB MOMENTUM ENTRYUJ seemingly overextended is backing up off the gas pedal in what could end up as a bull trap. Only one way to find out. LIBRA play with MOMENTUM entry
UJWe had a break down and stuck in a channel so we are waiting for continuation in order to confirm where we are going. All the news about leaders and countries seeing the possibility of moving away from a Dollar back market has allowed currencies to gain strength and the Dollar to weaken.
UJBigger timeframe has shown us an inverse H&S and the neckline has been broken. Currently we had a double bottom and slight move upwards. Where we allows for either a pullback before fully bolstering to the direction it wants to. My analysis is showing me a long but I will wait for further confirmation before entering.
ASIA: USDJPY - B&R - DEPLETIONUJ seems to be in a overall bullish trend and we can identify a break and retest setup with sellers getting trapped. Lets see how it plays out
UJ Find Go Long 5RUJ:
- 4H Bull Market;
- 1H Bull Market;
- 15m Bull Market;
- Find Go Long.
- Currently, there is a downtrend of 15m, wait for Break The key level, confirm the uptrend, Retest Key Level and Go Long like Plan
