Dear Traders, OANDA:USDJPY first entry dropped successfully 400 pips, now there is possibility of price filling up the liquidity and dropping from that region. Bullish price will likely to push the price up to our area of entry where price will fall strongly. Use accurate stop loss and take profit as described in our chart, if you have any doubt or finding it...
USD-JPY broke out of the Bearish wedge after the Retest of the horizontal Resistance of 150.6 So I think that we will See a move down! —
Hello Traders, here is the full analysis. Short after the BULL RUN. GOOD LUCK! Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad...
This week's strategy involves following the ongoing bearish trend in USDJPY. I plan to initiate sell positions around the newly formed 4-hour supply zone. To execute this, I'll wait for a redistribution pattern to unfold and a clear CHOCH signal before considering a sell. It's important to note that there's a possibility of price pushing higher to test the 14-hour...
My bias for USDJPY is pro-trend, aiming for a bearish move within a nearby 10hr supply zone. Currently, I expect a bit more upside and a redistribution within my point of interest (POI). Upon confirmation of these factors and other confluences, I'm inclined to sell down towards the psychological level of 140.000. I am also anticipating a bullish reaction from the...
Currently, with the recent reaction from the 22-hour demand zone, there's an expectation for a retracement towards a nearby supply to trade in line with the trend. At the current price, I'll wait for the small bullish reaction to lose steam in order for price to distribute. Once the Wyckoff distribution occurs on the lower time frame, accompanied by a CHOCH, I...
My breakdown for USDJPY this week involves sustaining its temporary bearish trend. Currently, the price has shown a bullish reaction at our identified Point of Interest (POI), resulting in a pullback to tap into a Daily supply zone above. Following this, our strategy involves anticipating a redistribution on lower time frames to facilitate selling opportunities,...
My bias for USDJPY is bearish due to the fact that price has reacted off the last supply from the whole chart, and has now given a CHOCH and BOS's on the higher time frame. Price has also took all the liquidity that was left above leaving price to now melt downwards and target all the asian lows, trend lines, equal lows, and imbalances that was left previously....
Introduction: The USD/JPY pair has experienced a dynamic week marked by a double top pattern, providing insightful clues for traders. While recent days showcased a retracement and an apparent uptrend tendency, the most recent price action is signaling a potential shift. Retracement Dynamics: The past week witnessed a retracement in the intense and continuous...
UDS/JPY has a double top reversal signal on the Daily candles and a triple top on the 4HR candles with a massive gap to fill. This reversal signal happened at a key level, 152.00 which is the previous high from October 2022. As shown in my previous prediction, a short position is reasonable at this level. The double/triple top is the confirmation of that short,...
USD/JPY has finally touched the previous high of 152.000 with a strong bull candle that we'll call a Bull Capitulation. Immediately after that price target was hit, we saw a series of bear bars falling to the 30EMA. We have now been above the 30EMA for 69 days and after touching a key price range, have a high probability of falling below down to the bottom of the...
Hello Traders In This Chart USDJPY DAILY Forex Forecast By FOREX PLANET today USDJPY analysis 👆 🟢This Chart includes_ (USDJPY market update) 🟢What is The Next Opportunity on USDJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
All of fx traders for sure have witnessed how long usd rallies vs jpy. Fed keeps raising interest rate and BOJ on their mode to keep ultra soft policy. As there’s saying there’s nothing permanent. Personally I look forward to the huge downside move of this pair. Currently it is running on 149 level. I’m not interested in buy as sell provides better...
According to TradingView news, th exchange rate is looking into a fairly calm day with no major economic news scheduled ahead. A possible bearish shift is at the door; knocking using a trend patter. Comment what you see
Hi fellow traders, USDJPY has completed a huge correction in WXY formation. Look for a sell opportunity from this area to the other side of the channel. Good luck and trade safe!
141.200 was my flip zone Price was making higher high and highe low Thereafter price (ChOC) and started forming lower high is the indication for me to go take short & Aiming target for 139.250 With R:R by 1:5
I have to give credit to Julian Brigden for this outline. So please look up his recent Blockworks interview on youtube. I am happy to further develop on his observation by pointing out that what he observed as a "crash pattern" is in fact a diamond reversal pattern. I enclose a comparison to what I consider the "classic" manifestation of a diamond reversal which...
USD-JPY was going down And the pair broke the Support level of 138.738 Which is now a resistance And I think the price Will go further down!