Usdjpysetup
USDJPY Sell Setup ?We are seeing the USDJPY to go down and break the 135$ mark.
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Price is expect to reach the resistance market for price more fall , wait for the market to react on the current resistance or it can for double top. We can easily get a 250 pips profit.
USDJPY Long (swing)Hey, Traders!
This forecast takes into consideration of the fundamentals of USD and JPY. More info in bio!
Here's our USDJPY forecast:
Daily structure is still bullish however, H4 is looking to be bearish for the time being.
To initiate long, we will be waiting for H4 to form a significant resistance and then break it for H4 to flip back bullish.
Immediate target would be 139 to retest the high but 140 is probable as well.
Let's capitalize off this move!
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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