Usdjpysell
USDJPY: intraday shortHi Traders,
This is my view on this pair for the next few days
#USDJPY
SELL 110.06
SL 110.2
TP 109.7
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Pietro from Trading Kitchen
USDJPY Sell Trade Opportunity (My View)USDJPY Is At AN Interesting Level Here, It's Retesting A Very Strong Resistance At These Levels. Unless We have A Good Amount Of Buyers Coming In I Just Don't Se It Breaking This Levels Before Making A Slight Push Down. Ideal Trade Indicated On Chart With SL Slightly Above The Higher High That It Created. If It Hits This Levels Its Probably A Fake Out or Maybe Buyers Decide To Show Up... Regardless Nice Pair To Watch Today.
USDJPY Bearish Continuation SetupHi traders! Hope y'all having a great weekend.
Let's quickly take a look at the USDJPY 2 hourly chart. The decline from wave (y) high is very sharp and impulsive and breaks the previous bullish structure.
According to Elliott Wave theory, a three-wave correction follows every impulse before the market resume in the direction of the impulse.
The rally from wave (i) low can be seen as the correction and it has already retraced about 61.8% of the impulse leg.
If this count is correct, once the correction is completed we should see another sell-off in wave (iii). Any further rally must stay below the invalidation level for this setup to remain intact.
What's your view on USDJPY? Let me know in the comment.
Thanks for reading!
USDJPY Set Up For a Major ReversalHi Traders,
USDJPY decline from wave 5 high looks impulsive as there is no overlapping swing sequence.
According to Elliott Wave theory, a three-wave correction in the opposite direction follow every impulse move before the price resume in the direction of the impulse.
This correction seems to unfold as a double zigzag pattern, labeled (w)-(x)-(y). This correction retracted 78.6% of wave A and also made a double top.
If this count is correct, the price is expected to move lower in wave C, and targets below wave A low are plausible in the weeks ahead.
What's your view on USDJPY? Let me know in the comment.
Thanks for reading!
USDJPY, 4hr tf, bearish flag or ABC correctionTrade ideas for USDJPY by Hardi
It looks like price broken below the bearish flag support with a solid candle on the 4hr tf.
This could also be an ABC correction, either way both are correction to the downside so we will try selling this pair.
Sell USDJPY 109.05
Stop loss 109.85
Take profit 106.20 (3.5R)
Use only 1-2% risk
Good luck
USD/JPY Trying To Make Head&Shoulders Pattern,It Will Melt Soon?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions