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Usdjpysignals

USDJPY Sell signal until the end of the yearPattern: Channel Down on 1D. Signal: Sell as the price appears to be Double Topping outside the main volatility of this 4 year Channel Down. Every such formation outside the Channel within the -0.236 or -0.382 Fibonacci extensions has been a long-term sell signal. Target: The Lower Low trend-line of the Channel Down. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> mused_Aurorah --------------------------------------------------------------------------------------------------------
Short
by TradingShot
7
USDJPY | Perspective for the new weekWith over 500pips run since my last publication on this pair ( see link below for reference purposes); the Bullish momentum appears to be very strong considering the significant Breakout of the Supply zone on the 29th of May 2021. The Greenback continued to push higher as the price hangs just above the Y109.000 level. In this regard, I shall be looking forward to a rally continuation as anticipation of a transition into a Harmonic (AB = CD) pattern remains high. Tendency: Uptrend (Bullish) Structure: Breakout| Supply & Demand | Harmonic pattern (AB = CD) Observation: i. Bullish momentum that began in January 2021 is still in course as we witness an accumulation phase in the last 2 months (observe weekly chart). ii. The Supply zone which held the price "Resisted" for 29days was finally broken on the 29th of May 2021 to give Buyers the momentum it requires to push for a rally. iii. Since the Breakout, the price has remained "Supported" at Y109.200/109.500 (duration of two weeks) hereby providing the Buyers with a safe haven for future buying opportunity from this zone. iv. With this set-up, I am looking forward to an ABCD pattern transition with parameters explained below; a. Impulse A-to-B is expected to be in harmony with the potential C-to-D leg. b. The B- to-C leg is at 61.8% Fibonacci retracement of the A-to-B leg. c. The C-to-D leg is expected to fall within 127.2 - 1.414% Fib. ext . of the A-to-B @ 111.000 area. v. Buying opportunity remains above Key level @ Y109.500 as any situation below this level renders this narrative to be invalid... Trade consciously! :) Trading plan: BUY confirmation with a minimum potential profit of 130 pips. Risk/Reward : 1:7 Potential Duration: 2 to 5 days NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks 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.
Long
by darcsherry
2
USDJPYAs I said in the last weeks ... UJ went up as I said last weeks and approached the trend line and rejected from the area 109,800 where there is a very strong resistance! .... even if maybe it will go up 30-40 pips UJ will reject from the trend line and will go down to the 107.800 area or even 106.800 from where ... UP AGAIN! THIS WEEK...as I said last week, UJ has forced the trend line formed in recent years and strongly rejected! UJ is in a range area between 110,200 and 108,200 but as you can see from the trend line for 1 week and from the Fibonacci for 1 month ... it is a lowering range reason why I will continue to look for SELL even if UJ will test the trend line again! | However ... a close even for 1 day above the trend line forces me to think of BUY until the Fibonacci 0.5 area from where ... DOWN AGAIN NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS
3
USDJPY ENTRIES + EXITS FOR THE WEEK!How To Play The Chart Entries/Exits: Buy at green support entry, if it breaks by -30 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 30 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat. I will be updating these charts letting you guys know the pip counts for the trades. #ExclusiveFX
by ExclusivelyFX
5
JPY Entries + Exits this weekHow To Play The Chart Entries/Exits: Buy at green support entry, if it breaks by -30 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 30 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat. I will be updating these charts letting you guys know the pip counts for the trades. #ExclusiveFX
by ExclusivelyFX
12
USDJPY | Perspective for the new week | Follow-upWith an astronomical 500pips run in our direction since my last speculation (see link here below for reference purposes); It appears the character displayed by price action lately has found a safe haven for Supplication @ Y109.500 area thereby welcoming a Selling bias for me in the coming week(s). At this point in a very Bullish trend, the market is looking as if it is trying to figure out where to go next as the thrust from Pivot III did not have enough momentum to find a new high and considering the sharp rejection of the Y109.500 area during last week trading session; it appears that the Greenback risk a further decline. Can inflation rescue the dollar? Let's see! Tendency: Downtrend ( Bearish ) Structure: Supply & Demand | Trendline | Reversal pattern Observation: i. The Bullish run that began late January 2021 which is characterized by series of higher swing highs and higher lows appears to have found a peak @ Y111.000 after what looks like a setup transitioning into a downtrend after hitting a brick @ Y109.500 level. ii. The present structure has a high tendency of changing to a series of lower highs and lower lows in the coming week(s) as I anticipate a Breakdown of the Bullish trendline in the nearest future. iii. I will like to call our attention to the Supply zone @ Y109.300/110.000 area; This level was a very strong Sell window before the Breakout on the 30th of Mar 2021 followed by a Breakdown on the 7th of April 2021 and since this day we have witnessed price trading under this level throughout the month of April 2021. iv. With my Key level holding @ Y108.500, I shall be looking forward to taking advantage of a decline below the key level this week. v.This been said, there is an opportunity to add a position to your existing trade when price does a further breakdown/retest of Demand level @ Y107.500. vi. CAUTION: On the contrary; it could be a rally (bullish) continuation when price breaks above Supply zone and retest to find new demand level at this juncture... Trade consciously!:) Trading plan: SELL confirmation with a minimum potential profit of 300 pips. Risk/Reward : 1:5 Potential Duration: 10 to 20days NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch this space for updates as price action is been monitored. 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 Rejection on the 1W MA200. Long-term top.Pattern: Channel Down on 1W. Signal: Sell as the price got rejected on the 1W MA200 (orange trend-line) while the RSI is near the top of the 5 year Resistance Zone. Target: The 0.618 Fibonacci level. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> xBTala --------------------------------------------------------------------------------------------------------
Short
by TradingShot
3
USDJPY | Perspective for the new weekMy last publication (see link below for reference purposes) on this pair saw price move against expectations as it continues to find Higher Highs. From a weekly perspective, the successful Breakout of Y104.150 confirms the completion of a Reversal pattern with confidence that supports a Bullish bias in the coming week(s). Tendency: Uptrend ( Bullish ) Structure: Trendline | Breakout | Supply & Demand | Harmonic pattern (AB = CD) Observation: i. Since the Breakout of Y104.150, I am of the opinion that the correction phase is yet to complete hence patience is required at this juncture. ii. In this regard, I suspect that the correction phase might evolve into a Harmonic pattern (AB = CD) before the rally begins. iii. The line drawn under pivot lows ( Pivot I, II & III) explains and graphically represent the prevailing direction of price (Uptrend). iv. It is very possible that we might experience a temporary Breakdown of this Trendline due to the Harmonic expectations in anticipation of the rally. iv. The significant Breakout of Key level confirms that the Supply Level no longer holds as the sharp rejection of Y104.400 on the 10th of Feb. 2021 suggest we might be having a new level for Demand @ Y104.400/103.800. v. Should price decides not to decline into the Demand zone in the coming week(s), a significant Breakout/Retest of Y105.100 could be a buying window to take advantage of. Trading plan: BUY confirmation with a minimum potential profit of 200 pips. Risk/Reward : 1:4 Potential Duration: 7 to 12days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. 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.
Long
by darcsherry
4
USDJPY | Perspective for the new weekThe price moved 40pips in our direction since my last publication (see link below for reference purposes) before finding Lower Lows to project a certain level of weakness in the GReenback. With the latest development in price action, I am keeping my expectations for further strength in the Japanese yen high in the coming week(s). Tendency: Downtrend ( Bearish ) Structure: Double Top (Reversal Pattern) | Supply & Demand Observation: i. DT (Reversal pattern): The appearance of a Bearish pattern that forms after the price reaches a culmination @ Y104.200/104.400 area two consecutive times with a moderate decline between the two highs points at the risk of further decline in price. ii. The recent Lower Lows explains the inability of buyers to push the price beyond Y104.400 last week hereby negating my previous broadcast (see link below). iii. Y103.900 level appears to be our New Supply level in the coming week(s) as price keep finding Lower Lows. iv. To be more cautious could welcome the idea of waiting for a significant Breakdown of Neckline @ Y104.500 before joining the decline. Trading plan: SELL confirmation with a minimum potential profit of 150 pips. Risk/Reward : 1:5 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. 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
2
USDJPY | Perspective for the new weekMy last publication on this pair fetched us over 200 pips (see link below for reference purposes) and it appears another trading opportunity is coming in! The Greenback has been on a spiral downtrend until last week when price turned around to show signs of strength as it breaks out of Bearish trendline to set up a possible rally in the coming week(s). The Greenback appears to flex muscle as the idea of stimulus coming out of the United States lingers. Tendency: Uptrend ( Bullish ) Structure: Breakout | Supply & Demand | Trendline Observation: i. Breakout of Bearish Trendline and Support/Resistance (key level @ Y103.700) last week gives the impression that we might at least experience a change in trend. ii. With this Breakout, we might have to be patient to see the extent at which the corrective phase will go before hopping on the rally. Trading plan: BUY confirmation with a minimum potential profit of 120 pips. Risk/Reward : 1:3 Potential Duration: 2 to 5 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. 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.
Long
by darcsherry
USD/JPY- Bearish Elliott Wave and Ascending Triangle Pattern USD/JPY has made the bearish Elliott wave pattern. At the end of the corrective waves, there is an ascending triangle pattern. After that, if the consecutive candles break 104.050, then the trend will rise and hit the following level 104.100 - 104.150 . But, according to EMA trend will continue to move downwards and knock the following target 103.945 - 103.920- 103.860 . But there is the possibility of reversal, too. Then it will continue as an ascending triangle.
by forextidings
1
USD/JPY is making a Formation of the Double Top PatternIt's an hourly chart of USD/JPY. The USD/JPY is trying to make a structure of the double top pattern. But rightnow, we can't call it a double top pattern. If it crosses the neckline then, it will become a double top pattern. To touch the neckline, it has to cross 104.26 . I have applied the indicator (RSI), which indicates a fall. But what if it continues to grow? If it does not stop to grow, then it will touch 105.06 .
by forextidings
8
USDJPY Is is still SOER?Pattern: Channel Down on 1D. Signal: Sell as the rejection pattern on the 1D MA50 (blue trend-line) has been very consistent since July. Also the RSI is hitting the 4 month Resistance. Target: 102.300 (1.382 Fibonacci extension). Most recent USDJPY trade: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingSafely --------------------------------------------------------------------------------------------------------
Short
by TradingShot
1
USDJPY Trading PlanPattern: Channel Down on 1D. Signal: (A) Buy as long as the Support holds, (B) Sell if it breaks. Target: (A) 105.000 (potential contact point with the 1D MA50), (B) 103.230 (1.382 Fibonacci extension). Most recent USDJPY signal still running: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView --------------------------------------------------------------------------------------------------------
by TradingShot
1