USDJPY - Short SetupI didn't get the second confirmation yet. However, my risk-reward ratio is enough to go short here. Let's see how this works.
Usdjpyshortsetup
$USD/JPY short swing trade set-up$USD/JPY short swing trade set-up based on a retrace to the .5 fib level, following the overall trend (bearish) on 1d, 4h and 1h time frames, and sell zone a strong resistance level with multiple touches previously. As always, trades can go against us no matter how good a chart looks so risk management essential.
USD/JPY TA 1/8/2019My last target of 109 was hit and I closed my profits.
I am currently waiting patiently for this pair to decide which direction it is going to go.
Upside Target: 112
Downside Target: 106
I would recommend sitting on your hands and let the market play out, and be cautious of fake outs.
Remember we did just experienced a flash crash so the markets going to be a little unpredictable
USDJPY Sell - Swing Trade with Bollinger Band1. Price already touched Upper Bollinger Band twice.
2. Price broke below middle BB with huge bearish engulfing candle.
3. Price below Resistance
4. Stoch
USD/JPY has a bearish divergence on 4h chart!!!I see bearish divergence at rsi indicator on 4h chart so this could be a nice chance to short usd/jpy.
Profit Targets:
113.1
113.0
112.7
Stop loss:
113.6
Have a nice a day,
Berk.
USDJPY 6-26-18 POSSIBLE SHORT OPPORTUNITYPrice has shown wick exhaustion around the 50% h4 chart. Now looking on the H1 chart there is a big bearish engulfing candle breaking the previous higher low. Looking for price to come down to 109.780 and then make its full decision on where it wants to go.
USD/JPY Short IdeaUSD/JPY price action is moving well within a symmetrical triangle and is respecting trend lines. On the day chart the 200 MA (black line) has kissed price as noted (as circled). I would expect the 200 MA to serve as an area of dynamic resistance, and would place a stop loss not to exceed 50 pips above this area. Price action has respected the 61.8% fib level on it's way down. It's possible that price could extend to the 127% fib extension area. This area also serves as a major area of support. I would not enter as a market execution but would allow room for price to retrace to around the 50% fib level. If played out, the reward on this idea would be around 240 pips. This idea is for educational and study purposes only. Trade at your own risk.
USD/JPY Short Pip and DipExpect USD/JPY to reverse around 50% fib to the 38.2% fib area; pip and dip strategy takes advantage of movement expected on longer term bear run. Get the pips and close.
USD/JPY SHORT ON THE HORIZON!FUNDAS - Despite strong jobs on Friday i still see this pair retesting low 108's before deciding on direction. The dollar has had a great run lately and im sure profit taking will start to take effect, along with the Yen catching a few haven bids with the trade situation.
TECHS -I will be looking for a rejection in the 109.75-110 area first, before jumping in for a ride down below 109, adding to winners along the way.
Happy Trading!
USDJPY - SHORTS IN PLAYUsdjpy - H4 - shorts in play down to 110 and possibly 109.30 before going long
USDJPY - H4 - SHORT BIASUsdJpy - H4 time frame - Short setup under a weekly supply zone. expecting a sharp reversal down to 200 pips and maybe lower for this pair.
USDJPY - H4 Short setupUsdJpy - H4 - I see price in a strong weekly supply zone and see a sharp reversal for this pair down to 107.50 and lower if usd weakness comes back into play
USDJPY ? :(USDJPY made a huge drop with JPY's strenghtening. adding to this we couldn't see something useful for USD to get its strength back on game and carry this little fella back to 113.000 band. USDJPY might retest it's fibbo level around 112.40 band and will continue it's drop. 2018 will be YEN year..
Argument for a shortBased on Resistance, 200 MA bounce and price being at a top of a channel, and a compilation of ABCD pattern I believe USDJPY will be going south. Lets see what happens.
Happy monday everyone!!!
"Trade what you see not what you think" Bearish Sentiment Validated confluences
1.Support broken resistance validated
2.Trendline broken on daily timeframe
3.Opposing level breached by short sellers (109.000-broken)
4.Profit margin 1:7
5.Strong rally up to sell zone
USD JPY - Keep watching it seems after while the price will not have the power to go up keep watching and I think the price will break that level soon but it depends on pending orders would be on that level too, will find out soon
USDJPY: Preparing for a breakout?I believe that successful trading strategies rely heavily upon identifying consolidation zones. Consolidation zones provide us the right direction of the market. Consolidation happens when a market move sharply upside or downside. Later, a trader can use these consolidation zones to identify patterns, whether it be a continuation or reversal.
It requires attention and care. Rather than turning out to be a factory of producing signals, it is better to sit down and look for a setup. Setups are important because we are planning a trade and execute them on time. If you fail to plan a setup, then you are planning to fail.
Another advantage of trade setup is that we know where to get out and the right time to go in. Know the market. Study the price movements and make your trades.
My charts use price movements, patterns, structures and indicators such as moving averages and oscillators. Trading intelligence is combining multiple knowledge to produce a favorable trade setup and plans.
USDJPY SHORTGo short on USDJPY @ Point D Completion on the Cyper Pattern @ 60
Stop loss: 111.400
Profit:
target 1:111.136
target 2:111.050
target 3:110.989
