Usdjpylongsetup
USDJPY Short termMy last call to long for a target to 112.95 is successful, i am still looking to play this market again on a pullback around 112.30-54 for a target to 113.44, stop below 112.03
USD/JPY BUY - 20/10/2017
The price showed a significant growth during the Asian session and now is testing the upper limit of the consolidation/level of resistance 113.20 - 113.42. Given such a strong bullish impulse, it is necessary to point out the scenario of the breakout of this level. If the price breaks the resistance out sharply and on large volume, it will be a great bullish signal, so we will be able to open long positions. A stop loss should be placed below the breakout volume bar. A potential of the deal is 110+pips.
The bottom line: long positions after the breakout of the resistance.
USDJPY BUY - 19/10/2017
The yen showed a significant and rapid price increase on Wednesday and now it is trading near the resistance level of 113.20 - 113.42, in which large volume is concentrated and which is also the upper limit of the consolidation. It should be noted that the upward movement was on average volume, which was evenly distributed throughout the chart, so it is impossible to single out a particular level or zone. Nevertheless, given the sharp price growth and the fact that it is located near the resistance level now, it is worth considering the scenario of breakdown of this mark and opening of long positions for the USD/JPY. The breakout movement must be sharp and on increased volume, after fixing the price above resistance, you can open purchases. Stop loss is worth a breakdown volume bar. The potential of the deal is more than 110-120 points.
The bottom line: long positions after a breakout of the resistance.
Long enter at 112.65= target around 114.55-65 SL 111.70 RR=1/2.4Long on a pull back of the small wedge breakout in h1 and also the brealout of old big range for targeting the downtrendlie since august highs 2015,is that AT shows
The tension with NK it calmed down as i can see the reaction of stock and gold
the BOJ maintain strongly them super power accomadative policy
Yellen speech again mid hawkish tone
-FOMC+Yellen at last meesting was Hawkish and add 1 rate hike than the market priced
-Dollars have room on the daily chart to go more u p easily
-Many rate was hiked and dollars have down too much since that.
-Some pair like EURUSD -0.51% - GBPUSD -0.49% have room for consolidate more than today (26 sept)
- IN short-middle term i see the dollar strenght same as today and is legit.
-FED say they will start Tapering soon.
Only if Again a surprise about NK will make my trade in not good way
Target = 114.55-65
SL = 111.70
RR 1/2.4
Bullish Bat PatternPotential Bullish Bat Pattern Forming
Entry at D-Completion
Target 1 at .382
Target 2 at .618
Stop Loss at 1.13
USDJPY BuyUsdjpy Buy at 112.64 tp stoploss below 112.25 tp is 114
Weight of evidence :
Trendline support
Dollar strong
Previouse resistance become support
Fibonacci level
Good luck trade with care
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USDJPY D TECHNICAL ANALYSISIdentified three drive pattern.
Lower trend line is still intact and consolidation is in process.
We will take long position, once ADX shows momentum and DMI cross.
Let's Watch
USDJPY - Long opportunity Hello Traders,
Weekly Chart
Scenario 1: (Normal conditions)
> Price exactly at .618
> On 4H we have a nice buy setup.
Scenario 2: (Risk conditions)
> Hurricane Irma, N.Korea tension.
> It may reach 0.786 level in worst case.
> Wait until weekly candle shows bullish momentum.
I rely on both technical and fundamental analysis and use my strategy to trade, you have to apply your own method to trade this.
Good luck & Trade with care
Thanks!
USDJPY BUY SETUP !WEEKLY SUPPORT PUSHED AGAIN THE PRICE FOR UP . LOOKING ALSO THE GAP THAT IS AT 78.8% FIB ZONE NOW IT MAKE SENSE TO BUY THIS PAIR !
USDJPY - Long SetupHello Traders,
-Remember our last trade closed at break even?
-Our first trade entered by pending order at 108.63, closed trade automatically at 109.77, win 100 + pips.
-If you missed it use fib levels to find an entry.
-What now? Looking for second entry to target 1.272 IF the risk off trade fades.
-N.Korea-US-Japan political risk driven USDJPY to 108.30 and recovered soon to our target.
-Don't chase the price, let it pull back.
Trade with care
Good luck!
Near Term Setup - Long USD /JPYNear Term Setup - LONG USDJPY
Expected reversal from 108.709 to 111.015
Entry:108.287 (based on April Support levels)
Stop Loss: 108.709
Target Profit: 111.015
Expected Time frame for trade is 3 days
Note: Reversal has not been confirmed as signal line has not crossed over as yet.
USDJPY in Heavy Support areaUsing Top Down analysis I can see that UJ is at Heavy Support, The W Pattern is forming on H4 and Higher Timeframes. Also there was a break of structure previously to the upside with multiple retests. Ideal entry would be 108.902 Targets are on the Chart SL Below 108.500. My Bias is bullish On this pair. Waiting for a pullback to First entry or a Lower high for a secondary entry.
USDJPY: A Bull Trap ?Seems like A-B-C correction is still not over.
Day traders can still bet on the upside.
USDJPY at cycle lowTaking a look at the USDJPY daily chart you can see that the cycle suggests that the yen is at a buying point. Notice that when you pull up your cycle tool that you can measure the previous cycle and that it is about time to start looking for long setups with a target of the previous highs.
USD/JPY Near Term Set up for LongFX:USDJPY Long
Entry 1: 109.0, Stop Loss 1: 108.75, Target 1: 114.4, Risk to Reward Ratio: 1:19.4
Entry 2: 108.3, Stop Loss 2: 108.00, Target 2: 114.4, Risk to Reward Ratio: 1:28.33
Trade cautiously and await for confirmation of entry signals
Consider the horizontal channel which repeats itself over a 1- 1.5 Month Period
Support levels at 109 & 108.35
Resistance level at 114.4
Awaiting moving average cross over
4 hour RSI Index overbought
Bottom of Bollinger Bands - awaiting reversal
Good Luck!
USDJPY dropping nicely from resistance, remain bearishSell below 111.56. Stop loss at 112.27. Take profit at 110.29.
Reason for the trading strategy (technically):
We remain bearish and continue to sell below 111.56 resistance (Fibonacci retracement, horizontal pullback resistance) for a push down to at least 110.29 support (Fibonacci extension, horizontal pullback support, Elliott wave theory).
Stochastic (21,5,3) is reacting nicely off our intermediate resistance at 68% where we expect a further drop from.
Correlation analysis: We are seeing JPY strength with AUDJPY and USDJPY expecting drops.
usdjpy Long would recommend a trigger for long when it hits the trend line or s/r the condition of number 1 & 2.
1.a hammer or a weak on the candle that shows that its going up.
2. the sellers are struggling and it seems like buyers are winning.
USDJPY change in structure, prepare to sellSell below 111.56. Stop loss at 112.27. Take profit at 110.29.
Reason for the trading strategy (technically):
We prepare to sell below 111.56 resistance (Fibonacci retracement, horizontal pullback resistance) for a push down to at least 110.29 support (Fibonacci extension, horizontal pullback support, Elliott wave theory).
Stochastic (21,5,3) is reacting nicely off our 93% resistance with good downside potential.
Correlation analysis: We are seeing JPY strength with AUDJPY, EURJPY and USDJPY expecting drops.
USDJPY bounced up perfectly to profit target, remain bullishBuy above 111.38. Stop loss at 110.64. Take profit at 112.90.
Reason for the trading strategy (technically):
Price has bounced up perfectly from our buying area and is fast approaching our first profit target. We remain bullish above 111.38 support (Fibonacci retracement, horizontal overlap support) for a further push up towards 112.90 resistance (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension).
Stochastic (34,5,3) is bouncing nicely off our 1.2% support as expected
