Get started

Usdjpysignal

USDJPY- Perspective -Disjoint channel USDJPY Though the long term downtrend was imminent in USDJPY it has managed to bounce from 102.600 towards 111.00 level where it met some major resistance and started falling towards south.Series of Lower low and Lower high patterns are forming and forming clear downtrend channel.Currently the 5th Elliot wave is underway.The lower side trendline adnd 108.00 (key psychological level) will be a another reason for buy.Comparatively the DXY is in downtrend in recent days and the yield of bonds was declining so its better to short this pair now.Break and retest will pave a way further for bear. The current price was well below the 03 Exponential moving averages (50,100,200)&Point of control *Price-below price action level *Price below point of control *Price below 03 EMA (50,100,200) *Fundamental support-JPY over USD *Downtrend channel *Elliot wave-05 underway (Bearish trend) Disclaimer! This chart represents the future expected move only-Not a financial advice Appreciate good works- “Don’t judge each day by the harvest you reap but by the seeds that you plant”
Short
by forexorbit
USDJPY SELL ! Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair. Watch strong action at the current levels for SELL 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 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗
Short
by BULLSS1993
11