Usdjpysetup
USDJPY SHORT (100 PIPS)Looking for a perfect short position of UJ worth 100 pips. Due to the rise of USD which made UJ form a perfect head and shoulder, i'm looking for a perfect sell scalp to 133.200 which serves as a support for UJ. This may serve as the breakdown point. If my breakout point gets breached, i'm looking for UJ to Short below 131.000.
USDJPY ( BREAK AND RETESTHello, right now UJ is near a critical area, next to a trend line and a zone, but am hopping for it to break that zone hit the 0.00% Area as TP 1 then push down to retest that minor structure trend line before making, Although keep in mind it’s in the corrective stages and it will eventually continue with a bearish momentum only if it rejects the trend line, but if it doesn’t then minor structure buy would be ideal.
PS; near trend-lines and zones there tends to be s to be consolidation .
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USDJPY 4H Projection USDJPY 4H Projection
My view on USDJPY for 4H.
USDJPY Elliott Wave(5 Wave) Structure is over now
USD-JPY was trading in an uptrend
For a very long time
But now we are finally seeing a bearish breakout
And as the correction is overdue
I am expecting a move down
Towards the target below
Sell!
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USD/JPY Moving In This Channel , Scalping And Swing Setups ValidThis 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
USDJPY extends ahead of FOMC minutesUSD/JPY extends gains ahead of FOMC minutes, hawkish Fed speak buoys USD
Focus now on the release of FOMC minutes for clues on the prospect of a 50 basis point hike at the U.S. central bank's next meeting in May.
Technical bias for the pair is bullish. Scope for test of fresh multi-year high above 125 handle.
USDJPY SHORT IDEA Overall still very bearish on USDJPY.
We are currently in a very strong area of supply. Due to the Japanese bank holiday today and Powell's speech we have seen a bullish push.
Our bias remains intact, technicals suggest that the shorts are still in play.
Looking forward to see how this plays out in a day or two
Disclaimer:
These charts should only be used for educational purposes and not as signals. Trading entails high risk !
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ETGL TEAM 💛