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Usdjpysignal

USDJPY signal (SHORT)Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: on pullback or on breaking a local trend line targets: 105.7 - 105.2 after first target reached move ur stop to breakeven stop: 106.3,better 106.6 (depending of ur risk). ALWAYS follow ur RM . risk/reward almost 1 to 3 Good luck Follow me on TRADING View, if you don't want to miss my next analysis or signals. Good luck. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate. Open to your questions or suggestions(PM to me).
Short
by trytofeelpositive
USDJPY | MY PERSPECTIVE FOR THE WEEKWith over 100pips in our direction since my last publication (see link below for reference purposes); we continue to experience an appreciation in favor of the Yen as the Greenback resumes her decline late into the Asian session of Friday as traders absorb the implications of the Fed's policy shift; herby extending its slide to touch its lowest level since mid-August 2020. Tendency: Downtrend ( Bearish ) Structure: Trendline | Supply & Demand Observation: i. Price action continues to respect Day chart Bearish Trendline since February 2020 as market closed on Friday with a significant Bearish engulfing candle. ii. Breakdown of Support @ 105.500 coincidings with Breakdown of Bullish Trendline reveals the strength of Sellers in the market at this juncture as I anticipate a further Breakdown of structure @ 105.000. iii. It is advisable to look out for correction in anticipation of a decline in the coming week(s). Trading plan: SELL confirmation with a minimum potential profit of 200 pips. Risk/Reward: 1:3 Potential Duration: 3 to 10 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. NirvanaForex Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
USDJPY local signal (SHORT)Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market targets: 105.72 - 105.5 - 105.15 after first target reached move ur stop to breakeven stop: 106.36 (depending of ur risk). ALWAYS follow ur RM . risk/reward almost 1 to 3 Good luck Follow me on TRADING View, if you don't want to miss my next analysis or signals. Good luck. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate. Open to your questions or suggestions(PM to me).
Short
by trytofeelpositive
1
USDJPY Elliot Wave Short Trade IdeaHappy new week traders! In the USDJPY 4 hourly chart above, price broke out of a triangle pattern and made a five-wave impulse decline in wave (a). A three-wave corrective move that unfolded has a zigzag pattern follows the sell-off in wave (b). According to Elliot Wave theory, once a 5-3 wave cycle is completed, the price resumes in the direction of the impulse wave. In USDJPY case, if this count is correct we should see a massive decline that will take the low of wave (a) in the days ahead. - Invalidation level is the red line on the chart - Entry is the green line which has been triggered Alternative Count: 1-2, (I)-(ii). Good luck on the chart! Veejahbee
Short
by Veejahbee
4
USD/JPY: Below 106.70 Sell Intact. Next Target 102.00As long as usd/jpy below 106.70, sell will persist. next target 102.00. if we see usd/jpy break above 106.700, we may go long till 108.15 and finally upside target is 110.00. beyond the present fundamental condition, it is hard to test usd/jpy 110.00. US-CHINA, Covid-19, and like such issues safe-haven JPY is still demandable. USD/JPY still closed the week below the descending trend line. fundamental also support for the downward move. USD/JPY Sell limit @ 106.10 sl: 106.70 tp1: 104.50 tp2: 102.00
Short
by UnknownUnicorn487550
USD/JPY Turning DownUSDJPY prices are falling since the mid-2015 year. In the 2020 year, it has made a low price of $101.180 . Are you still expecting up moves for the short-term? Then wait for the breakout of USDJPY-Bull Resistance . According to my Parallel Channel (B), short positions in the range of $106 to $106.5 or below with targets at $105 - $104.5 - $104.260 in extension. Breakdown of Parallel Channel (B) means a big explosion and double confirmation for sellers. Day traders can take benefit easily by examining fake-out. For intraday traders: Don't mess after an upside breakout of $106 level. Wait, watch, jump, and earn! What will happens after bursting out from USDJPY Hourly Support? I will update it soon.
Short
by freestocktips
1
USDJPY | WEEKLY PERSPECTIVEThe Greenback began a downward spiral at the beginning of last week as it came under strong Bearish pressure with the souring market sentiment to Breakdown my Key level @ 106.500 later in the week. With over 125pips in our direction since my last publication on this pair (see link below for reference purposes); the scope of the USDJPY pair to extend the decline becomes more pronounced. Tendency: Downtrend ( Bearish ) Structure: Breakdown | Support & Resistance | Supply & Demand Observation: i. Price action fell into an indecision pattern since early June 2020 to finally Breakdown of the Channel late last week. ii. Breakdown off of 106.500 signals an extension in the decline of the USD as I anticipate a correction into this level for rally continuation. iii. A Breakdown coinciding with Bearish Trendline @ 106.000 further confirms my bias. Trading plan: SELL confirmation with a minimum potential profit of 160 pips. Risk/Reward: 1:3 Potential Duration: 4 to 10 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. NirvanaForex Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry