USDJPY - Outlook for 20 Sept 2020 (Tricky Pair to trade)Hi all traders,
This is a video analysis on usdjpy.
This pair is rather tricky to trade, but i have warn you some of the levels inside which you can take a lookout for if you are looking to trade this pair.
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Usdjpybuy
USD/JPY | Trading withing TriangleUSD/JPY has been trading within a Symmetrical Triangle chart pattern.
If the direction of the breakout is higher or lower
Key Support Levels: 106.415, 106.88, 107.678
Key Support Levels: 105.173, 105.30, 104.144
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Possible Long Move:
Entry: 105.45
Target: 106.70
Stop: 105.0
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USDJPY - SWING - 31. AUGU. 2020Welcome to our weekly trade setup ( USDJPY )!
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1 HOUR
Very bullish market open and price action.
4 HOUR
Strong waves and structure.
DAILY
Overall good long entries! Prices look like they need a push to previous highs.
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FOREX SWING
BUY USDJPY
ENTRY LEVEL @ 105.870
SL @ 105.290
TP @ 106.740
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
UsdJpy- New leg up?UsdJpy found strong support last week in 105 zone, marked by a nice bullish engulfing.
On Friday a new attempt from sellers failed and we have a Doji candle indicating a tie.
Now the pair is trading just under 106 resistance and a break here would put buyers on the move and the pair could rise to 108 important resistance.
Buy dips as long as the price is above 105 is my strategy
USDJPY SELL OPPORTUNITYIt seems like it's time to go up for USDJPY,... The price lays on strong support level.
...Take it into the consideration anything can be possible to happen, if it breaks down the support level this idea would be failed.
You never quite know where the next big wave or gust of wind is coming from, but you know it is out there.
USD/JPY Expected trend for today: BullishThe USDJPY trades at 106.68 and retains transferring in a powerful development and upward channel. USD/JPY is transferring above the higher boundary of Ichimoku Kinko Hyo Cloud. It signifies that there's a bullish development.
If the level 108.15 is broken-out, follow the recommendations below.
Time frame: D1
Recommendation: long position
Entry point: 108.15
Take Profit 1: 109.65
Take Profit 2: 111.20
USDJPY reversed from intermediate resistance, potential drop!
USDJPY reversed off its intermediate resistance at 105.721 where it could potentially drop further to 104.274.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.