Usdjpysignal
USDJPY buy on H2, possible inverted H&S formation!Plan : trendline breakout --> wait for prices to bounce off horizontal / trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
ANALYSIS ON USDJPY ANALYSIS ON USDJPY
Welcome to my analysis
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4HR CHart
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Interesting Point of interest In the USDJPY pair.
- Price below 200 day EMA.
- look for buy signals to top.
- Watch top for sell.
- expecting move to around 111.000.
- STOCH RSI showing H bullish divergence on other time frames
Long term i am expecting move to the upside. Will update soon
USDJPY trade idea on H2Plan : wait for prices to bounce off horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
#USDJPY, Will the increases hold up?There is a very strong support line at $ 104.6 as you can see in the graph above.
Mini resistance at $ 109.6
The USDJPY is still accompanied by a green Ichimoku cloud which is a bullish sign but the candles are not yet above the cloud which is the ideal in a buy signal.
According to the Stochastic USDJPY in Oversold, this is the ideal time to buy.
RSI is in a very low area which is also a bullish sign.
Goal: 109.5
Stop loss: 107.65
USDJPY AnalaysisWait for clear confirmation
**Disclaimer**
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support!
Tradewithsam
USDJPY long trade @Day chartUSDJPY
The long term downtrend was broken in September 2019..The major upside resistance is 109.500.
And this pair trading in a range and will fall towards 107.450.
From this level we can open long positions and potential take profit will be 110.500.
Stop lose may placed at 106.500 level.
USDJPY short term long, a simple key level support setupPlan : wait for prices to bounce off horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
USDJPY buy on H4Plan : wait for prices to bounce off trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX