Usdjpysetup
USDJPY Analysis & Trade IdeaPrice is in an uptrend on the HTFs, but is bearish on the 15M. This bearishness may be short term, as price is potentially making a HL.
The possible pivot points are our marked POIs, where I will look to enter long.
No confirmation, no trade. I need to see price shift from bearish to bullish momentum before any long entry.
SHORT IDEA H4 UPDATE - FALSE BREAKOUTBased on market indicators and the Fibonacci fan measure I am still bearish on USDJPY with some tweaks on the entry & TP points. We are more than likely experiencing a period of retracement after a fall from price 115.600 down to 114.200.
As illustrated above I am expecting the pair to go short. A safe entry area is .75 - .618 potentially down to 0. Resistance around 115.300.
After the price meets support levels between 113.800-113.600, I am expecting a strong upward trend for USDJPY including hitting new all time highs.
Trade safe.
USDJPY SHORT-TERM SHORTS 📉📉📉📉 Expecting bearish price action on a short-term perspective on UJ as price should close the bullish imbalances, the shorts will be till price reaches 114.500 where we have a lot of conflunces to go long bullish orderblock on h4 + d1 bullish imbalance.
What do you think ? Comment below..
USDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDJPY Reversal Pattern - Turning BEARISH? 3 Options For Entry! Hi All,
As you can see, I am bearish on USDJPY.
I am expecting price to rise next week and hit the key levels on the image above, which we can start looking for momentum to the downside and confirmation that it will turn bearish for the medium term.
Keep an eye on the key levels and see how price will respect and react to them! It should give you a really nice opportunity to enter your Sells!
I hope this post can help you. I will be posting a simplified version with the "very likely" option, just so it can be clearer for you.
Let me know your thoughts - whether you like any of the 3 ideas to take your own trades or if you are bullish in this pair!
Have a great and profitable week all!
Cheers,
Gaspar_Trader
USDJPY Reversal Pattern - Turning BEARISH? Hi All,
Here is a simpler idea from the earlier post.
I'm expecting price to rise in the beginning of the week and reach some key levels marked on the chart.
I'll start to enter sells around 114.000 psychological level, once I see price action on this level.
Are you bearish on USDJPY? Are you bullish?
Let me know your thoughts on the comments below!
Cheers,
Gaspar_Trader