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Usdjpy_long

USDJPY ( DOWNWARD PRESSURE ) ( 4H )USDJPY HELLO TRADERS in the last chart the price reach first target , know trying to reach a turning level before dropping Tendency the price is under bearish pressure , after stabilizing below turning level at 161.126 TURNING LEVEL : a blue line between resistance and support level around 161.126 , indicates if the price stabilizing below this level reach support level , if the breaking turning level reach a resistance level RESISTANCE LEVEL : there is a green line around 161.840 , if the price breaking turning level reach this target , indicates selling have already increase this level SUPPORT LEVEL : there is a red line below turning level around 159.814, indicates buying have already increase this level , so until the price trade below turning level reach this target PRICE MOVEMENT : maybe first the price will trying to rising turning level around 161.126, after dropping to the support level at 159,814 , then stable below this level reach 158.755 , if the price breaking turning level reach a resistance level at 162.126 , breaking this level reach a new resistance level at 162.727 TARGET LEVEL : RESISTANCE LEVEL : 161.840 , 162.727 SUPPORT LEVEL : 159.814,158.755
Short
by ArinaKarayi
Possible Long shot on USDJPYI am considering taking a long on USDJPY with a big SL cluster that appears the last hours within 136.15-135.85 area. I need a catalyst that will provide with Upside potential on USD and take a Long on the pair by tracking it's order flows and news catalysts. Possible Catalysts for Friday 9th December. US PPI's more positive than expectations US Michigan data more positive than expectations In case USDJPY isn't close to the lowest SL cluster I will play on this pair by trying to trip SL's along with the news by tomorrow. If you want to trade like a proven funded prop trader take a look at my coaching sessions below Learn Order Flow Trading www.fiverr.com Learn Fundamental News Trading www.fiverr.com Trading Psychology & Risk Management plus all my tools on this session www.fiverr.com Learn Market Sentiment and implement to your trading www.fiverr.com Learn by Watching over my Shoulders www.fiverr.com
Long
by Investing_Bridge
USD/JYP (US DOLLOR VS JAPANESE YEN) MAKING TRIANGLEUSD/JPY (WEEKLY) making a contracting triangle on a Primary degree B of Cycle degree 4th. We are currently on an E wave of an Intermediate degree of a triangle. we are most likely to come down for A of E of a triangle. We can see 3 waves down as an A-B-C pattern on the E wave of the triangle. Most probably we are just finished D of the triangle and we are likely to push down for E as my preferred count (projected by the black line) and if we have not finished D of the triangle so we can go to break recent high as an alternative count (projected by the red line) and after that, we will come down for triangle continuation. DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
Long
by anantadhungana
USDJPY Making Trend for high MoveUSDJPY chart, here its clear that it'll be bearish, but when it will be bearish?4 So, in this chart i've clear that all it is about to go up & then move long down to complete its bearish pattern as well in the case of breakout then we will take it from the upper resistance. I hope you like this analysis & have get some idea about USDJPY Trade Area. Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU! P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
Long
by PiPumer
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