USD JPY : Buy limit at that postion USD JPY Forecast : BUY LIMIT
- We must wait for the JPY pair to reach this support area .
As it reach this area we can enter with buying position , but we must put stop loss for that trade .
Usdjpylong
USD/JPY : Possible Falling Wedge or is it False?USDJPY has been a in bearish market just like audjpy and just as such it also has had a recent bull rally that provided confluence to breakout the possible falling wedge resistant zone and also have candle closes outside however it could also be false due to the lower trend zone caused by the sudden drop in price which created a trend zone inside wedge where it looks like it has retested off what be the top of that zone.
Makes sense as price action is overbought currently so i can see a strong pullback after market open so that it can level out price action on indicators before the FOMC pushes it back up and out of the wedge and trend.
USD/JPY :: what do you think ?! is it possible ?!!USD/JPY :::
The purple channel is a large channel that easily covers the time frame of 4 hours .
The price is currently at the ceiling of this channel and the last important encounter of this price was in the smaller channel and all these corrective movements have created a triangle .
If the triangle is broken from above, the next few resistances will be broken like a domino, and the price will enter a new range .
USDJPY H1: Bullish outlook seen, further upside above 128.80On the H1 time frame, prices are approaching the support zone at 128.80, in line with the Fibonacci confluence levels and a throwback to this zone could present an opportunity to play the bounce to the resistance zone at 130.50. Stochastic is approaching support at 3.90 supporting the bullish bias. A change in market structure on the lower time frames, following the break of the most recent high could provide confirmation for a higher probability setup.
USDJPY BUYAlright a quick one on USDJPY I don’t have much to say on this Analysis, but on the H4 TF we Got a Trend line And it is Creating A LL & LH So on this Buy we are Looking on The 30min TF for A Highs to Be Tested which is my Fib Level of 61.8 Which is My Take Profits Area 131.819.
BUY USDJPY 159 pips
SL: 129.800
TP: 131.819
So let’s see how this plays Out
Thanks Guys
USDJPY falling wedge (DAILY CHART)usdjpy is forming a falling edge on the daily chart and the price is likely headed to the 126 - 124 area where theres a support on the daily and monthly charts. we will be looking for buys at that area and holding for weeks
USDJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective on USDJPY .
Here we are bearish from daily perspective, so I am looking for shorts. I expect price to continue the retracement tp fill the imbalance and then to reject from bearish orderblock + institutional big figure 132.000.
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USDJPY: A Bullish reversal ideaBearish Indications
• As per Dow’s theory trend is bearish.
• Key resistance is at 129.570
• 4H Time-Frame overall trend is bearish.
• Seasonal Analysis of USDJPY remain Bearish in January.
• However Seasonal Analysis of JXY for past 10 years January remain bearish.
Bullish Indications
• 4H Time-Frame Higher Low is formed and confirmation of Bullish trend can be ascertaining once Higher High is established.
• On 15M Time-Frame a bullish trend of Higher Highs and Higher Lows is clearly evident.
• Bullish Engulfing/ Three White Soldiers candles are visible.
• Next Support is at 126.459
• Formation of AB=CD indicates a reversal is possible in area of 128.096 and signs of bullish candles put weight to this theory.
• Seasonal analysis of DXY for past 10 years indicates it to remain bullish in January.
• No Divergence is Spotted on RSI Oscillator.
Biased: Long
Plan A (Long)
Entry Long: 1.06255 (Fib Lvl 61.8%)
TP: 130.089 (Fib Lvl 38.2%)
TP2 : 131.937 (Fib Lvl 61.8%)
Stop Loss: 127.826 (Point D of ABCD Pattern)
Risk/Reward: 1:1.18
Manage your Risk Accordingly.
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#USDJPY Bull Divergence Building - DPO AnalysisBull divergence is building on the Detrended Price Oscillator indicator.
The DPO is a free to use indicator on Tradingview
Use the quick charts to find bottoms and average in over the next few days.
Use trail stop trend line with alert to tell you when to close.
USD/JPY :: Best Choice... .USD/JPY :::
Waiting for the triangle to break is a general view of the price trend, but if you are looking for a short-term trend, selling can be a good choice .
USDJPY on strong support USDJPY is exactly moving according my previous analysis ( tagged ).
Usdjpy is trading in falling chanel and nicely respecting channels support and resistance.
Now we expect market will reject from support area and will break the resistance trend line.
So buy from support or wait for break and test as support of resistance trend line for buy.
Targets mentioned on chart.
Always trade safe and must use SL.
If you like this idea support with like button.
USDJPY | Perspective for the new week | follow-up detailsFollowing our previous analysis on the USDJPY where it was possible to scoop over 500 pips profit (see link below for reference purposes); price action is at a critical juncture at the moment as it oscillates around the 128.000 level. The Greenback weakens in the wake of the CPI and the Japanese Yen continues to soar ahead of the BoJ monetary policy and interest rate decision this week. Despite the US Dollar slipping to its lowest level since June 2022; there is still a long-term bullish momentum from a higher time frame's perspective (daily and weekly). Following Thursday's data showing that U.S. CPI inflation eased in December 2022, could this be a sign to anticipate a reversal pattern in the coming week or events from the BoJ will send a new wave of sell-offs in this market?
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
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Past performance is not necessarily indicative of future results.
USDJPY Long Term Predictions (4H Chart)Technical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 1 Downtrend in red color (Long Term).
We have 1 Uptrend in green color Internal Trend (Short Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are very tight stop losses that could be used in high leverage future trading.
Good luck everyone, stay safe!
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USDJPYHello everyone, USDJPY have been falling ever since BOJ announced the interest rate in decemmber while DXY also have falled dramtically, in my view price needs to drop little more for it reverse for big move.
What you all think?
💡 Don't miss the great Buy opportunity in USDJPYHello my dears
It seems that we are witnessing the formation of a Flag pattern in the USDJPY chart. I think the possibility that the price will break above the Flag of the chart is very high. What do you think?
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