Usd-jpy-long
USD/JPY Long Hi All ,
Last week i closed 50% of my position on this pair to bank some £££ . Now i will be waiting on a pullback to join the trend . Please if you haven't already joined me from my first analysis on this pair , the pull back will be an opportunity for you to join the trend. Looking to join from previous support & structure.
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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 Long SetupI feel that the USD should trade higher. With a ton of momentum to broken previous two days of price highs, I feel that the pair should do the same thing again to target around the 109.20 Area. With this in mind, I drew a fibbonachi tool to derive a setup for a buy order. I would imagine price will reach here within the London or New York session, preferably New York. Please see the chart for more detail.
USD-JPY 4H Limited Upside. Hi everyone.
So looking at 4H chart, we have found a support at 61.8 FIB from daily chart, and 50 fib from 4H chart, which indicate that we may have posibbly an upside move to 113.450-113.600 (double 78.6 FIB 4h/1D) from where we should be heading down to 61.8 FIB from weekly chart which is around 111.100 so there is 23.6 FIB from daily at 111.06 . (We may see a bounce back at around 111.600 as there is important 38.2 FIB from daily, don't forget about that).
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
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USD JPY Get ready for a big drop - 1D, 1W SellHi there, USDJPY is setting up for big drop.
Watch lower time frame correction and look for longer term sell on USDJPY.
GOOD LUCK and take entry according to your balance.
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