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Usdjpysell

Look for more downside to continue Hi Traders, USDJPY is shaping up to continue its bearish momentum. As we can see the volatility on Friday made another swing low to further this correction development. We still have room to fall and with the Russia and Ukraine situation happening, I suspect safe-haven currencies like JPY will continue its strength. Waiting for a strong Impulse breakout followed by a correction before I enter this sell. Whats your view on this pair ? Comment below and share your analysis! Support more of these by clicking the LIKE button if this has helped you! Good luck!
Short
by ktlfx
USDJPY LONG/SHORTUSDJPY is currently at a very crucial level. It is facing a rejection from the previous resistance zone. For LONG :- One can enter it once it closes above 116.5 in Daily TF for target of 118+. For SHORT :- One can enter around 115.5 with a SL of 116.5 for target of 113 (SAFE TARGET). Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries. Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
by simple_trader2022
USDJPY, Hosoda "N" waveHere we are in the B1 Semiannual, with the price that has gone into double maximum, but I firmly believe that this level will be broken. We are close to the closure of the annual (March 15th) and I believe the price is making the last sprint towards a new relative high. If we project the last short uptrend by calculating 38.2% as the second restart point, we notice that the price would create a resistance at 117.28, called the Hosoda "N" wave; this level could be our entry point for a medium-term bearish trade. The MCS is already in the phase of excess strength, just missing a new high and a signal to confirm this hypothesis. Let's wait.
by The_Cyclical_Trading
USDJPY: Breakout Trap ⚠️Have buyers been lured in with a clean breakout creating support? It is a possibility. If this is the case, I would like to see some sells from this region. The ideal entry would be on the pullback after the BOS but aggressive traders could consider this region. For this sell to work, price cannot pass the high marked or the setup will be invalidated. Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss. -------------------------------------------------------------------------------------------------------- Please like, subscribe, and share this idea with others! ⬇️ --------------------------------------------------------------------------------------------------------
Short
by AlkalineFX
26
USDJPY | Update | Next Move? USDJPY has been following parallel channel by its heart and core. We were long when it was at trendline support (Check USDJPY chart) and attempted short from the horizontal level (Check Chart). Currently we are expecting it will take a hit once again from horizontal level and price will come down. Alternatively price can break the resistance and test the channel top. To take the right trade wait for the price action and candle stick. Trade your levels accordingly
by JustTradeSignals
2