Usdjpysignal
USD/JPY MAY DROP NEXT WEEK TO 106.00 PRICE ZONE. USD/JPY SELL NEAR 107.60/70 AREA (PRESENT RATE)
SL: 108.20
TP1: 106.80
TP2: 106.00
USDJPY - BuyOn the h2 tf, we are seeing a build up of strength to break the 108 area.
I have a buy limit order to trigger at 107.383. If it doesn't trigger, i will be watching the trend line to be broken for more upside movement.
Cheers!
USD/JPY, great opportunity for long tradeWait for the close of H4 candlestick above trendline so you can take fantastic long trade with nice risk to reward and probabilities for a nice push to the upside.
USD/JPY Short PositionHypothetical scenario (18/05 - 22/05):
(1) Entry @ 107.400 (Sell Limit)
(2) Stop Loss @ 107.700 | 30 pips
(3) Target @ 106.800 |60 pips
(4) R:R = 1:2
USD/JPY, price should make a Re-HighPrice struggled around the area of 107.00 where it found strong support exactly at 0.50 Fibonacci retracement level. After that, we expect re-high of the price as it changed the trend from bearish to bullish.
USD/JPY, simple Short trade ideaAfter the breakout of the mirror level price is very aggressive and falls rapidly to the downside. Expect further bearish movement.
USDJPY LONG / 1:2 RRTrading with trend, break and retest. simple.
Late post, members get live trades.
USD/JPY, Update on the pairThis was signal posted to our Vip Group yesterday and look at this now, both targets profits hit.
SELL USDJPY for a break of trend line SHORT at 106.28The significant WS1 support pivot is under pressure on USDJPY and if this fails then the BEARS could push through and break the supporting trend line shown on the chart. This opens the way for a significant move south as there is little support under here. I've entered this market already at 106.28 with a 25 pip risk. 13:15 GMT sees ADP NOn-Farm Employment Change out of the U.S. which could give impetus to either BULLS or BEARS depending on the print but with Covid-19 restrictions its hard to see this coming out in green numbers, having said that NZD last night did exactly that with their jobs data managing a remarkable 0.7% Employment Change against -0.2% prediction - so who knows?
#USDJPY LONG..There is a wedge pattern on the 4-hour chart of #USDJPY.. Ma50 and the upper band of the wedge should be expected to break upwards for a long setup..
Disclaimer: What I wrote is not investment advice.. Please do your own due diligence when it comes to forex-trading.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
