Usdjpylongsetup
USD/JPY Trading PlanCurrency rate broke up key level 113.13, H1 candle close upper. It's a signal for next price increasing.
Also, most of the Major currencies shows that US Dollar will be stronger. (Example EURO, GBP, AUD ,CAD)
The best place, where we can open a long will be after fake broke of 113.13, because it's powerful Mirror level on D1 chart. Look on a right screen, you can see that the price bounced down from that level before break it. It happens when big players need more volume for push the price only.
They showed that they are interested to move JPY up. Just wait for pullback to make your risk lower and potential profit bigger.
Do you think as me, that USD/JPY will move Up? Write it in comments please.
P.S. Push like and subscribe if you want to see more signals in the future. I'll write when to open a deal if this post get 45 like.
Always Use proper risk management!
USD/JPY overviewUSD/JPY overview
The price bounced up from key zone 110.905 – 111.12 and hit my S/L yesterday. At this moment I think about but only because when the currency rate bounced from such zones it is a signal for continue of the trend.
I will open Long if the price will make pull beak to key level 111.12
The Goal will be 9 months maximum 114.70
P.S. Push on loke button if you like my idea.
LONG SWING USDJPY OPPORTUNITYEverything is pretty much on the chart. I am posting the 4H (I don't know how to post pictures in my comments, not enough rep I think) to give the bigger picture of the swing but the entry is on the 1H, EMA cross over happening, waiting for next candle close(above).
Trade Safe!!
USDJPY Structure creates trading plan. Since breaking out from the triangle wedge form at a weekly support, traders have chosen the direction for USDJPY.
I would only be interested in positioning buy trades at the zones I've mapped out above.
Trade with smaller lots as trades go higher to reach 112.200, as it goes to challenge the daily supply area.
USDJPY setting up for a deeper correctionUSDJPY almost testing the top of the diagonal-momentum is likely to be slowing which suggesting for a correction to prior lows to then further advance-just keep an eye, and look for sell setups for the prior lows. Plus i do see a head and shoulder pattern forming on monthlies, but anyway keep an eye on this market and lets see.
Happy Trading.
USD/JPY bounced from key zone. If you want to open deal you s...USD/JPY Weekly Overview
7 weeks ago price broke up Range. As you se on weekly chart, when price did it, also currency rate broke up key resistance level 107.94, which become support. Also, 2 weeks ago price bounced up from that key level. For it shows that situation is totally bullish because big players protect key levels.
The best place for open deal is near 109.10. Look for Long only on PullBeaks.
Long — term Goals:
1.T/P: 111.30
2.T/P: 113.20
USDJPY - Daily Chart AnalysisPrice Action: Bullish
Pattern: Overextended inverse head and shoulders.
Long-Term Momentum: *Bearish
Short-Term Momentum: Bullish
Bias: Neutral
Action: Wait until price corrects and finds support; however, price does have a chance to run another 100 pips before a major correction. Price closed as doji star. Sunday should give better indication of direction.
Comments: Would like to see price continue to run up but chances are slim. Hopefully, USD can continue its push. If so, we will see price move up another 100 pips. No major exponential runup either. It would be nice to see price connect with 29 EMA at some point in time.