Usdjpybearish
USDJPY CONFIRM THE BEARISH MOVES (TECHNICAL ANALYSIS) USDJPY CONFIRM THE BEARISH MOVES
it was noted that the ninja pair had been waiting for a confirmation in regards to pushing the price of the market towards the April 22, lowest point.
However, It all a came out of the tight range momentum the market has been undergoing in the past few days, luckily during the London trading session on Wednesday the volatility of the pair has managed to escape out of the hand of weaker volatility and it regains strength which tends to be stronger than ever before.
On the flip side, before the confirmation of the bearish move, when looking at the 4hour time Frame market players will noticed that there is a build up forming below the mid of the tight range price action, hence this build up should serves as a confirmation or an area of value where entry point and stop loss should be marked with.
To be precise the price of USDJPY eyes a negative correction along the lines of the April 22 lowest price level which is recorded at 107.810.
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USDJPY CLEAR BEARISH ?As we can see usdjpy making new higher high at 4h timeframe
so here my forecast for you guys
usdjpy might making new higher low going to support trendline as well
and if we breakdown the timeframe probably we see mini ascending channel as well
just waiting for lower high at lower timeframe then we can execute for nice risk to reward
thankyou !
USD/JPY 1H👋 Hello and welcome traders to another trade
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USDJPY bearish continuation trading opportunity1. Price is being held resisted at the 106.40 price level. We see that price crossed temporarily above this level and quickly sold off lower. Price is retesting this level again and is being held resisted.
2. I see this as a good place to enter short for a decent R:R.
USDJPY - Bear Flag Looking Ripe For A Tradebear flag looking really bearish, market structure creating lower highs throughout and the trend has been touched over 3 times signalling a sell opportunity.
two ways to take this trade :
1. await the close and take the trade
2. await the retest for OTE (optimal trade entry)
message me to receive free trades daily...
USDJPY Still in Bearish CampHere is my favorite pair to trade for this week. a great risk and reward laying on the bed (1:4). As you can see in the chart, 109.92 completely act as a great resistance, and sellers or winning the game . Next Technical stop is 107.55. Nothing more to say about it, just enjoy the ride.
If you want to see how I trade this pair
you can easily follow me on FXTM Strategy Manager Account.
You just need to sign-up there and find “Hermya-com” in the search field.
Trading Simple: major trendline breakout! Keep your analysis clean and simple. Vision wise it gives you a better understanding and clear trading plan.
A technical break should bring a long way down for UJ to test support areas. Illustrated are the possible target levels.
Fundamentally:
USD Dollar finally starts feeling the hit of the FED's decisions
Markets worldwide are in a critical situation
People are feeling scared
Gold broke major resistance areas and it is already on a bull run.
Wait for a pullback to enter this trade!
Best of luck.
Follow my channel for more simple trading strategies.
Trading Simple International
USDJPY Remain BearishUSDJPY remains bearish. On the 4 hour chart Ive laid out the next support levels and the current trading channel. Dont buy USDJPY untill the upper range breaks. Tell that moment it remains a sell with a stop about 15 pips above the upper range.
Use support levels as your take profit or as level to aim at a bounce back up.
USDJPY Buy SetupOn the daily time frame for UsdJPy we see that it has been trading in a tight range for a while. Also we see
that the current candle is above the upper range. This is an indication of a possible break out. Since its the daily
time frame we need to wait till the end of the day and see if this candle still is above the upper range. If its not
then it could be a resistance rejection followed by a wave down.
Another bullish sign is that the indicators are also making a bullish crossover. Making a break out of the upper range
very likely.
Entry: Wait till 1-2 hours before market close and see if the upper range is still broken. Or wait till market is closed and
open a buy trade on Monday.
Take Profit: 114.20
Stop: 112.50