USDJPY Reversal15M TF shows price reversal with an IFVG after a failed to close liquidity grab. The US dollar is gaining momentum and this can be a good discount for more buyers before the inflation report today. Target 148.2
Ujsdjpy
GBP JPY - To Test ResistanceWe saw GJ falling of the rising wedge. It continued the upward direction after the BOJ new governor "Un-Impressive speech" . I think GJ will test the resistance and fall back. JPY is currently fundamentally driven and like the Gold , it has not pivot the upcoming interest rate hikes. Interest rate differential is driving the JPY pairs. Any Murmuring on the interest rates can drive JPY crazy on Tuesday Ueda speaking. I will seek any short opportunity.
I will go by the technical which says sell from the resistances.
Do comment on the idea and odds.
Cheers
UsdJpy H4clear down channel on the h4 , we will break the channel but before it breaks up I will watch out for fake outs.
USDJPY
USDJPY (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
(THIS IDEAS VALID NEXT 48 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
ujsdjpy wait for breakoutujsdjpy trading plan now is waiting for breakout support or resistance to continues move. good luck traders! disclaimer on
An hourly bearish divergence forming for $USDJPYThe pair may fall and undergo a corrective abc as price shows possible sign of weakness on its upward momentum.
A bearish divergence on this hourly timeframe chart analysis maybe/ can be used as an added conviction of this Elliot wave analysis.
#elliotwaveforecast
@marketpainterPH
Neutral View for UJLets see how this unfolds. USDYen has been very bullish and it even formed a very familiar Head and Shoulder pattern which price now breaking the "neck".
Timeframe: Weekly
#elliotwaveforecast
Market Structure Alignment UJM =
W =
D =
H4 =
H1 =
M15 =
M5 =
M1 =
M = Bullish
W = Bullish
D = Bearish RANGE
H4 = Bearish
H1 = Bearish
M15 =
M5 =
M1 =
********************
Black = Monthly
Red = Weekly
Green = Daily
Yellow = H4
SkyBlue = H1
Orange = M30
NavyBlue = M15
Pink = M5
Purple = M1
********************
GBPJPY shortSince price broke support and closed below 151.844 on Friday, I'll wait for it to break and close below the yellow trendline to open a short position after that, we could have a pull back to form the right shoulder of a head and shoulder pattern. Let me know what you think in the comments and good luck
USD/JPY, a charming setup-The sentiment is bearish
-The price is creating Lower Highs and Lower Lows while being stuck in a descending channel
-Some consolidation is needed before we can drop lower
-The target is set at a level where the price has been able to bounce a numerous number of times
USDJPY SELL IDEADaily candle has hit 5th longterm downtrend.
Looking for Sell after candlestick reversal
UJ breakout. finally done dropping!?!Here on the 4hr timeframe / daily we can see uj made a clear breakthrough to retest previous high points.
Will be watching to see to when a pull down finishes to find a long entry if these candles do not got below the previous 4hr breakthrough zone.
UJ has been dropping like crazy lately but its uptrend candles can be HUGE if your timing is on point!
Safe trading peers, Pips for everyone
( first time using this indicator, it may not be lined up perfect but it still gives me the right idea/direction nonetheless )
USDJPY REVERSAL LEVEL 1 ENJOY!! GO SHORT WHEN LONDON SESSION OPEN! GOODLUCK! CLOSE AFTER LONDON/NY SESSION
USDJPY SHORTShort USDJPY with break of multi-week trend line. JPN225 retracing sharply from 2019 high.
UJQuick analysis of how I mark up my charts and what I look for before pressing that button. I may be entering a buy UJ depending on how the next 4hr candle closes. If I get a good rection(pinbar) from the zone/trendline it is at now I will enter with an aggresstive SL
USD JPY......soaring higherFX:USDJPY making higher highs....and higher lows....continues in the uptrend on Daily charts... Look at thee candles as indicated at the end of Aug 2019, we got a signal of a positive reversal and that happened to be the bottom as well (may not necessarily be the case always)
The price action has been continuously making the uptrend and watch out for retracements going ahead as long as they don't go lower than the earlier lows
Love this chart!
Follow the larger trend and avoid the noise!
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