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Usdjpysignal

USDJPY 240 Pips drop expected will it reach 103.00 level ?USDPY ********* ⏳4 Hour chart 🎲 Possible entry analysis ⛳️ Possible bull/bear target 📚Educational —————-❇️——————- Detailed analysis 💬 1️⃣Clear Downtrend since July-2020 2️⃣ 104.00 Acted as dynamic support and resistance 3️⃣ Risk off mode and Rising of virus infections, US 2020 election 4️⃣ 105.00 Key psychological resistance 5️⃣ Price Movement within the broader Downtrend channel 6️⃣Counter trend line will act as resistance 7️⃣ Technical support - Bear 8️⃣ Short term bullish movement towards 105.500 9️⃣ October high Immediate resistance 🔟 DXY-awaiting US election results - Currently neutral for USDPY #️⃣ Overall bearish trend —————-❇️——————- 📉 Technical bias-H4-Bearish Below 200 Exponential moving average 200EMA acting as immediate support - Bearish trend Possible entry point-105.500 Relative strength index - Around 60 well above the neutral area MACD- Is still above the line and about to cross the line and the histogram is fading ,Oscillators are still upward Stochastic -at 75 Which is over bought territory and bearish divergence has formed in H4 Ichimoku cloud -cloud is red-Cloud Support-Bear Bollinger band- Price is around higher band-Middle band will acting as dynamic support/resistance —————-✳️——————- Key reversal area's 104.00 Key psychological level 106.150 October month high 105.500 Dynamic support and resistance 105 Key psychological level-Major key reversal area 103.00 Lower trend line reversal area 105.500 Possible entry- Bearish 105.500 Break and retest around this area-Alternative entry-Bullish —————-✳️——————- Bearish entry #USDJPY Entry price - 105.500 Take profit 01 - 104.800 (70 pips) Take profit 02 - 104.100 (140 pips) Take profit 03 - 103.100 (240 pips) 🚫 Stop lose 105.940 (45 pips) Alternative bearish entry-105.700 ( Break and retest ) ⬇️ 2.14% Growth expected ⤴️ Account growth 0.56 : 2.14 ✅ Risk reward ratio 1 : 3.8 —————-⚜️——————- Push the like button , And cheer up if you found useful
Short
by forexorbit
USDJPY, 4hr tf, sell below kumo cloudHello my friends, Before i start my USDJPY analysis, i wanna update regarding my XAUUSD buy position which i posted yesterday. It is now floating +100 pips so better set your SL to entry now for a risk free position. Let's continue with today USDJPY entry. I am favoring USDJPY to go lower as price now below the kumo cloud on 4hr tf. All confirmations needed were fulfilled so we will take a sell position. 1st confirmation is price below the kumo cloud 2nd confrmation kumo cloud twisted to the downside 3rd confirmation parabolic SAR now above the price so we could say sellers are in control Sell USDJPY 105.30 Stop loss 105.70 Take profit 104.10 RR Ratio 1 : 3 Use only 1-2% risk Good luck If you find my post useful, please give me a thumbs up and follow me for next update
Short
by HayatoDragonFX
USDJPY Making Trend for high MoveUSDJPY chart, here its clear that it'll be bearish, but when it will be bearish?4 So, in this chart i've clear that all it is about to go up & then move long down to complete its bearish pattern as well in the case of breakout then we will take it from the upper resistance. I hope you like this analysis & have get some idea about USDJPY Trade Area. Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU! P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
Long
by PiPumer
1