USDJPY in a quandary Although, the market seems to be accumulating sellers from the recent highs, the Hawkish tone of BOJ didn't make any significant changes in favour of JPY
I believe the market might dip toward 150 zone in the coming days although it would be very risky to short from here, use proper stop loss and trade safe.
Carpe Diem!
Ujshort
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
USDJPY short opportunity for retracementCurrently, JPY is oversold due to resent BOJ statement about keeping its low interest policy. Perhaps, we might see some retracement before more bullish move to the upside.
If price fails to create HH and creates LL on 4h timeframe, we will execute short trade, tp around support around 118.5.
UJ to return to Corona Virus Lows and BeyondUJ is testing the bottom of a massive symmetrical triangle.
We already broke the triangle in March but quickly recovered, this time we should see a break for good.
This will be invalidated if the upper bound of the triangle is broken. There is still a chance we can bounce back into the triangle before the fall, but the path of least resistance is short.
USD/JPY SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
USD/JPY: Day-Swingtrade-Preparation
Market-Sell: 106,660
Stop-Loss: 107,100
Target 1: 106,245
Target 2: 105,955
Target 3: 105,600
Stop-Loss: 44 pips
Risk: 0,5% - 1%
Risk-Reward: 2,48
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
USD/JPY SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
NOTICE: THis is meant to be a preparation for you. As always we need to wait for a confirmation!
USD/JPY: Day-Swingtrade-Execution
Market-Sell: 107,210
Stop-Loss: 107,427
Target 1: 107,030
Target 2: 106,920
Target 3: 106,790
Stop-Loss: 22 pips
Risk: 0,5 % - 1 %
Risk-Reward: 2,10
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
USD/JPY SELL SIGNALHey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
Market-Sell: 107,660
Stop-Loss: 107,980
Target 1: 107,375
Target 2: 107,110
Target 3: 106,900
Stop-Loss: 32 pips
Risk: 1%
Risk-Reward: 2,60
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
UJ Taking A Step Down?I mean, it doesn't get any simpler than this...in my opinion :)
if we look closely, we could spot a Head & Shoulders pattern, or should I say "i"
I'll be looking to short this pair straight down to 107.800 or even 107.00 if I got the strength.
Let me know if you agree, that would be awesome!
USD/JPY: Daytrade-Opportunity#SELLHey tradomaniacs,
welcome to another free signal!
Important: Wait for the market to break below the current trendline of the correction before you sell.
-----------------------------
Type: Daytrade
Market Sell: 109,395
Stop-Loss: 109,570
Target 1: 109,200
Target 2: 109,075
Target 3: 109,050
Stop-Loss: 17,5
Risk: 1-2%
Risk-Reward: 2,5
-----------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
USD/JPY: Don't sleep on this short opportunity Yesterdays setup was very specific and for good reason. Our specific strategy for this short setup yesterday was designed to be able to resist any "fake outs" or simple upside that came from the pair at the key levels shown in those charts at that time. Yesterday's amount of short sellers who're either close to being margin called or already hav given us the ability to jump in with there stops.
Yesterday's failure for price to reject said zones/levels and break, sustain, and close below them, showed both the lack of liquidity, and follow through/ conviction in the market. This can be attributed to a few things, namely;; seasonality. Since then, UJ has pushed up and we can now look for trades in a different setup. It's interesting at the current levels however, making a new higher-high which gives us an opportunity regardless of shorter term 40hr bias. 110 out my upside this week at this point. This is taken into account using options data from Bloomberg. There are a lot of option expiring both in the 110 and 108ish key levels so it's key remember this can go long. I'll place the options data below,
USD/JPY
108.00 1.5bn USD
108.10 603m
108.35 626m
108.40 400m
108.45 740m
108.50 810m
108.65 454m
108.70 429m
108.72 419m
108.75 400m
108.90 532m
108.95 1.3bn
108.96 665m
109.00 891m
109.15 995m
109.50 790m
109.75 540m
109.80 480m
110.00 1.4bn