Get started

Usdjpyshort

USD/JPY October Market Analysis: Bearish Structure and Key Sell USD/JPY October Market Analysis and Trading Setup In the month of October, we are observing an open high-low-close structure on the USD/JPY, which strongly suggests the development of a potential sell setup. At this point, we are awaiting further confirmation through a TDI (Traders Dynamic Index) cross, which will signal the appropriate entry points for sell positions. Key Observations: 1. Bearish Divergence: Since August 16, 2024, there has been a clear bearish divergence, extending from that date to the current market high. 2. Daily Timeframe Structure: The open-high structure on the daily chart for October further strengthens the bearish outlook. 3. Overbought Conditions: The market appears significantly overbought, following a bullish breakout that began on October 1, 2024. 4. TDI Cross as Confirmation: A bearish cross in the TDI indicator will serve as confirmation of the presence of sellers, providing an essential signal for initiating sell positions. Targeted Take Profit Levels: - Take Profit 1: 147.500 - Take Profit 2: 146.500 - Take Profit 3: 145.500 - Take Profit 4: 144.500 Trading Advice: It is crucial to wait for valid signals, such as the TDI cross, to confirm entries before taking action. Always trade with caution, and ensure risk management strategies are in place to protect your capital. If you found this analysis helpful, please like, comment, and follow for more updates. I will gladly follow back. Wishing you success in your trades!
Short
by ezeepips
2
Sell USD/JPY Channel BreakoutThe USD/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 143.77, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 142.13 2nd Support – 141.26 Stop-Loss: To manage risk, place a stop-loss order above 144.60. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
11
USD/JPY Short Setup: 30-Minute ChartI'm looking at a potential short position on USD/JPY based on the current price action and market structure. Entry on Retracement: 143.750 after the recent breakdown of the ascending trendline. Stop Loss (SL): 144.000 (25 pips). Take Profit (TP): I'm targeting multiple TPs along the way for scaling out of the position: TP 1: 143.500 (+18.9 pips) – A conservative first target to lock in some early profits. TP 2: 143.200 (+48.9 pips) – Close to the previous support, scaling out of a portion of the trade. TP 3: 142.800 (+88.9 pips) – A key support level based on historical price action. TP 4: 142.300 (+138.9 pips) – Next significant support zone. TP 5: 141.800 (+188.9 pips) – Final target at a major psychological level. The idea here is to capture the downward move following a potential retracement into resistance near 143.750, which aligns with previous structure. The overall bearish sentiment could drive prices lower toward the major target areas.
Short
by PipShiesty
1
USDJPY Short - A Bearish Setup in the Making?As we dive into the USDJPY chart, I'm seeing several key technical signals that suggest a potential move to the downside. Let’s break it down step by step: Weekly Timeframe: A Crucial Swing High First, we zoom out to the weekly chart, where we can observe that USDJPY is currently within a strong swing that recently broke a prior high. This is a crucial moment, as we often see a retest of the upper range of such a swing before the market decides its next move. Will it push higher, or are we preparing for a pullback? I’m leaning towards the latter. Daily Timeframe: Triple Failures at the High Dropping down to the daily, the story unfolds further. We’ve seen two previous attempts to break the current daily swing high, only for the market to flush down on this third attempt. This is my first major bearish signal, as failure to maintain momentum often precedes a reversal. 4-Hour Timeframe: No Support in the Pump On the 4-hour chart, things get even more interesting. I’m not seeing the kind of ladder formation that typically supports sustained pushes to the upside. Instead, the price action looks choppy, lacking the structure that would indicate buyers are in full control. This adds weight to the bearish case. Weak Stop-Loss Hunt: A Lackluster Liquidity Grab One more point to consider is the recent liquidity grab (or stop-loss hunt) on the 4-hour chart. While these wicks usually indicate a shakeout of weak hands, this one feels weak, more like a failed attempt to trap traders in the wrong direction. In my experience, when the liquidity grab doesn’t pack a punch, it often signals the market's lack of commitment to push higher. Timing is Key: The Tuesday Top Pattern Lastly, an interesting observation – USDJPY has a tendency to form local tops on Tuesdays, a pattern I’ve noticed over time. While this isn't a concrete rule, it’s an intriguing confirmation of the broader bearish setup we’re seeing here. Fundamental Analysis: Why the USDJPY Could Dump Fundamentally, USDJPY could be under pressure due to the divergence in monetary policy between the US and Japan. The Bank of Japan (BoJ) remains ultra-dovish, but there are growing signs of internal pressure to shift toward more normalization in policy, particularly with inflation running higher than expected. Meanwhile, the Federal Reserve has signaled that it may pause or slow its rate hikes as US economic growth moderates. This narrowing of the policy gap could weaken the dollar against the yen, especially if we start seeing signs of a BoJ shift or weaker-than-expected US data in upcoming releases. Furthermore, concerns over global growth and risk sentiment could lead to a stronger yen as a safe-haven asset. If the stock market falters, capital tends to flow back into the yen, exacerbating the potential for a USDJPY decline. Conclusion: Eyeing the Lower Range All things considered, USDJPY looks poised for a move lower. A retest of the lower range of the current daily swing seems likely before any potential attempt to push back to the upside. Understanding swing highs and lows and their respective ranges is a key tool in this analysis. Let’s see how the price action plays out in the coming sessions.
Short
by Entropie2020
#USDJPY 1HUSDJPY (US Dollar / Japanese Yen) Timeframe: 1-Hour (1H) Pattern: Rising Wedge A rising wedge pattern has developed on the 1-hour chart of USDJPY. This pattern is formed by two upward-sloping trendlines that converge as the price continues to make higher highs and higher lows. While the price is trending upward, the narrowing wedge suggests that bullish momentum is weakening, typically signaling a potential reversal. The rising wedge is considered a bearish pattern, as it often leads to a downside breakout once the price breaks below the lower trendline. Forecast: Sell Given the current formation, the forecast recommends a selling opportunity. The price is likely to break down from the rising wedge, leading to a potential reversal and a decline in the pair's value. A confirmed breakdown below the lower boundary of the wedge would signal further bearish momentum. Technical Outlook: Resistance Level: The upper boundary of the wedge, where buying pressure could weaken. Support Level: The lower boundary, where a breakout would trigger a selling opportunity. Key Levels to Watch: A break below the wedge’s support line would reinforce the bearish forecast, signaling a potential downward move. Traders should look for confirmation through bearish candlestick patterns or increased selling volume to validate their short positions. Monitor for key economic indicators, particularly US dollar movements influenced by Federal Reserve policies or safe-haven demand for the Japanese yen, which could impact this pair’s direction.
Short
by PIPSFIGHTER
USDJPY SHORT 15M TF🚀The Atom Signals Trading View Indicator is a sophisticated tool designed for traders seeking to enhance their market analysis and trading strategies. Developed with the intention of providing clear and actionable signals, this indicator leverages a blend of technical analysis techniques to identify potential entry and exit points in the market. It aims to simplify the decision-making process by offering visual cues and alerts, which can be particularly valuable for both novice and experienced traders.🤖 🚀Key features of the Atom Signals Indicator include its adaptability to various trading styles—whether you're a day trader, swing trader, or long-term investor. By incorporating elements like trend detection, momentum analysis, and support/resistance levels, it provides a comprehensive overview of market conditions. This versatility makes it a useful addition to any trader's toolkit, regardless of the asset class they are focusing on, be it stocks, forex, cryptocurrencies, or commodities.🤖 🚀With its user-friendly interface on Trading View, the Atom Signals Indicator is accessible to traders of all experience levels. It not only aids in identifying trading opportunities but also assists in managing risk by highlighting potential reversals or consolidations. Whether you're looking to fine-tune your strategy or gain a fresh perspective on market movements, the Atom Signals Trading View Indicator offers a valuable resource for informed decision-making in the fast-paced world of trading.🤖 Based on the indicator we predict as shown in the charts. You can check the indicator for free. Go to our links. 🚀Good Luck!
Short
by Atom_Indicator
2
USDJPY - no sign of turning around at the moment💵USDJPY ANALYSIS 💸 - The Yen is still recovering very strongly since the USD/JPY pair fell to its lowest level in nearly 40 years at 141.95. - The recovery is mainly supported by many interventions of the Japanese Government. Especially the support from the narrowing of the interest rate gap between Japan and the United States. - The market is expecting the Fed to cut interest rates on Wednesday, while the BOJ will likely keep the current interest rate unchanged. 📌 TECHNICAL - On the daily candlestick chart of USDJPY (D1), the downtrend from the price channel (a) continues and the pressure from Ema21 acts as the main resistance. - USD/JPY has shown little reaction to the 0.382% Fibonacci extension level for now, which could be considered as the nearest technical support. - Once USD/JPY is sold below 139.420, it will have a more bearish outlook towards 137.046 in the short term, which is the price point of the 0.50% Fibonacci extension level. - As long as USD/JPY remains within the price channel (a) and below the 21-day EMA, the bearish bias will remain dominant, and the notable technical points for the bearish trend are listed below. ✔️ Support: 139.420 – 137.046 ✔️ Resistance: 141.531 – 142.380
Short
by TheLeader_WOLF
USD /JPY "GOPHER" Bank Money Heist Plan on Bullish SideHola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist USD /JPY "GOPHER" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss : Recent Swing Low using 1h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Long
by Thief_Trader