USDJPY Idea Looking good for this play Monthly and weekly LIQ is grabbed. now we need some short liquidity, Happy trading IAMby MillionaireMind717Published 1111
USDJPY- Buliish trade setup on 15 Minutes Timeframe Entry: The entry is at 140.870, which occurs upon a retest of the breakout from the handle. Take Profit: The take profit is set at 142.00, aligning with the measured move projection from the cup formation. Stop Loss: The stop loss is set at 140.540, positioned just below the handle’s low to protect against false breakouts. Additional Insights: Risk-Reward Ratio: With the entry at 140.870, the take profit at 142.00, and stop loss at 140.540, this setup provides a favorable risk-to-reward ratio. The risk is approximately 33 pips, and the reward is around 113 pips. Confirmation: The chart shows the handle forming, with a possible retest of the breakout line. Watch for confirmation with increased buying volume or a bullish candlestick pattern before entering. Tips: Volume: Increased volume during the breakout would strengthen the setup. Trailing Stop: Consider using a trailing stop to lock in profits if the price moves favorably toward your target. This is a classic example of a Cup and Handle pattern in action, and it looks well-positioned for a bullish continuation.Longby factoryforex01Published 8
USDJPY BUY SIGNAL ANALYSIS FALLING WEDGE PATTERN LINE BREAKOUTOn Usdjpy the falling wedge pattern line has successfully breakout and now moved down a bit then reverse showing that the falling wedge is still active so going for LONG is need as the line 140.700 has broken so the targeting profit should be around 141.671 . Use money managemntLongby FrankFx14Published 4
USD /JPY "GOPHER" Bank Money Heist Plan on Bullish SideHola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist USD /JPY "GOPHER" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss : Recent Swing Low using 1h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.Longby Thief_TraderUpdated 13
USDJPY Technical Analysis 16/09/2024The USDJPY is giving bullish signals across different timeframes. Prices have dropped to the demand zone on the weekly chart. At this point, the trend is no longer your friend because it has entered the "Trend Exhaustion" phase. There is a broad RSI bullish divergence on the daily chart, supporting a potential rise. On the 4-hour chart, a Stochastic bullish crossover has formed in the oversold zone. Prices are likely to consolidate until the release of this week’s core retail sales report, but we are at a favorable level to begin gradual buying.Longby Trader-BerkePublished 5
USD/JPY: Major Support v/s Carry UnwindUSD/JPY has continued to drop and the bounces since early-August, when the sell-off really got underway, have grown more and more shallow. The fundamental side of the pair is in focus this week as the Fed is expected to begin their rate cut cycle. With the FOMC lowering rates the rollover on the long side of the pair can narrow, thereby removing some of the motivation that had previously helped to catapult the pair to 37-year highs. On the technical side - a major zone of support has just come into play, spanning from 139.28-140.30. The 140.30 level is the 23.6% retracement of the 2021-2023 major move, and this is what caught the lows in late-December of last year. That price held the low last Friday and offered a mild bounce into the weekly close, but sellers weren't satisfied and went down for another fresh low to start this week. Below that, the 140.00 psychological level remains a key spot and then below that 139.28 marks the 38.2% retracement of the 2021-2024 major move, which I'm denoting as the trend produced by the carry trade. Given that perspective, there's reasonably more unwind that can be seen just from how elevated the pair remains on a historical basis, and this is what points back to the fundamental side of the pair as that rollover/carry is expected to narrow further and further the more that the Fed cuts. I think it's the Summary of Economic Projections that will be the driver here as the more dovish that the Fed sounds in their projections, the more motivation there could be for longer-term bulls to unwind positions. - jsby FOREXcomPublished 7
USD/JPY: DO NOT take a quick trade at long term supportAgain, no surprises here but the USD looks bearish. (see our other analysis of EUR and Gold) Actually, USD/JPY has led the charge in USD bearishness in the past couple of months. The bullish ‘pin bar’ (also called a hammer candlestick pattern) has completely failed and the price continues lower. Failed bullish patterns are very bearish. But we can’t ignore the major long term support in the region of 138-142. Particularly the 61.8% Fib level we sit at right now - just under 140. On the daily chart we can see the last of 2024’s gains being wiped out with a break below the December 2023 swing low. To stay bearish - we need a deceive close lower - but that leaves us with poor risk:reward for new bearish positions. As such its a waiting game for bullish pullbacks after the low is broken - or possibly buying the breakout of a bottoming pattern at major long term support but that won't happen for a while. But that’s just what we think, do you agree or disagree? Send us a message and let us know Happy Trading! Jasper, WeTrade Market Analyst and Founder of Trading Writers. by jasperlawlerPublished 4
$USDJPY LONGLONG LTF reversal. Limit order placed. RR 1.5 R Been a lot of selling and looking for a reversal in uk session. Here's a good oppurtunity at lows. Longby KusamatradesPublished 1
USDJPY - BREAKING STRAIGHT CHANNEL - 4HUSDJPY / 4H TIME FRAME HELLO TRADERS overall , under downward pressure , until trading below straight channel Currently, prices are trading below the straight trend channel, indicating downward pressure. As long as prices remain below this channel, a decline is expected, potentially reaching 138.810. If prices fall further, they may approach 137.306. Conversely, if prices break above the 142.232 level, it could signal a reversal in trend, leading to a rise. In this scenario, prices might reach 144.401 and, if the upward momentum continues, could potentially rise to 147.179. UPWARD TARGET : 144.401 , 147.179. DOWNWARD TARGET : 138.810 , 137.306. Shortby ArinaKarayiPublished 5
Bullish reversal?USD/JPY is falling towards the support level which is an overlap support that is slightly above the 61.8% Fibonacci projection and could bounce from this level to our take profit. Entry: 138 Why we like it: There is an overlap support level that is slightly above the 61.8% Fibonacci projection. Stop loss: 133.39 Why we like it: There is a pullback support level that lines up with the 78.6% Fibonacci projection. Take profit: 144.18 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Longby VantageMarketsPublished 6
Sells I am seeking short-term buy opportunities following a price break below the volume profile. This presents the potential for a bullish retracement, leading into longer-term sell positions.Shortby LesJackPublished 112
USDJPY: Long Signal Explained USDJPY - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long USDJPY Entry - 140.77 Sl - 139.70 Tp - 142.70 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignalsPublished 117
USD/JPY Bearish Setup: Anticipating Rejection at Resistance Hello traders! Today, I’m taking a closer look at the USD/JPY pair on the 1-hour time frame, where I’m anticipating a potential bearish move. Here’s my plan: Resistance Level: a key zone where it has previously reversed. If the price tests this level again, I’ll be watching for a potential rejection. Reversal Signals: I’ll be paying close attention to bearish candlestick patterns, such as shooting stars or bearish engulfing patterns, to confirm that the resistance is holding and selling pressure is building. Momentum Check: I’ll also monitor the overall market momentum. If the upward movement starts losing steam near the resistance, this could be an early sign of a potential reversal. Risk Management Strategy: To manage my risk, I’ll place a stop loss slightly above the resistance level, protecting against a potential breakout. Shortby rebenga93Published 2
simple fib level and supportprice collapsed in big way after fed july fomc and boj hike but now price testing horizontal support and fib level both at the same time at 140 levelLongby Sangam-AgarwalPublished 4412
USDJPYOver the past two months, the price has been on a downward trend, with a brief pullback in August. On the daily timeframe, a bearish order block has contributed to this downward movement. On the 4-hour chart, a bearish break of structure (BOS) is evident. I anticipate a notable pullback within the current 4-hour range, which should bring the price back to a premium level suitable for a sell opportunity, ideally at a 4-hour bearish order block. Currently, the price is consolidating and creating sell-side liquidity to potentially move higher. **Disclaimer:** The information provided is for educational and entertainment purposes only and does not constitute financial advice. Entry Price: 142.102 Stop Loss: 142.104 Take Profit: 137.244 Soft Invalidation: If price closes above 4H OB I would close take the loss and close the trade. Also apply proper risk management...!!!Shortby ict_whizPublished 1
Analyze USDJPY Chart in All ScalesLet's Look at USDJPY Chart and Analyzing Price Action to Read The Market of this Chart and Find Some Trade Opportunities, Good Luck With Your Trades <316:12by FXSGNLSPublished 1
UPDATE ON USD/JPY LONGSUSD/JPY 30M - As you can see the longs that took place in this market yesterday played out really well, anyone who got involved when I gave the suggestion to look for longs would have profited very nicely. We have seen since that due to fundamentals price has pulled back down setting a new low, this I feel will be short lived and we should see price correct itself and begin to trade us higher once again. The trade from yesterday ran + 223 pips. (+ 10%) 10RR As I say a big well done to anyone who got involved in this market, I am sure that you all would have and should have taken partials throughout the trade and applied safety measures like SL moves. A big well done to anyone involved in the market, if you have any questions with regards to the analysis or the trade itself then please drop me a message or comment below and I will get back to you as soon as possible.Longby LukegforexPublished 1
Japanese yen soars as Tokyo Core CPI falls to 2%The Japanese yen is sharply higher on Friday. USD/JPY is trading at 143.49 in the European session, down a massive 1.1%. Tokyo Core CPI, which excludes fresh food, slowed to 2% in September, down from 2's.4% in August and matching the market estimate. The drop was largely driven by the resumption of government subsidies for utility bills. The inflation reading indicates that Japan is on track to hit the Bank of Japan’s target of sustainable 2% inflation and the yen has responded with sharp gains today. This reading will support the case for further rate hikes, although that’s unlikely until December or early next year. Governor Ueda said this week that the BoJ is not in any rush to hike rates and that the focus will be on services prices data for October, which won’t be released until November, too late for the October 31 meeting. Wages have been rising but it remains to be seen if this will translate into higher services inflation. If it does, there will be pressure on the BoJ to raise rates at the December meeting. The week wraps up with US Core PCE Price Index, which is considered the Fed’s preferred inflation indicator. The index has hovered at 2.6% for the past three months and is expected to tick up to 2.7% for August. Monthly, the Core PCE is expected to remain at 0.2%. An unexpected reading could shake up the US dollar and the rate-cut odds for the Fed’s November meeting. The odds of a 50-basis point cut have slipped to 47%, down from 54% a day earlier, according to the CME’s FedWatch tool. USD/JPY faces weekly resistance lines at 147.58 and 150.66 There is support at 142.67 and 140.84by OANDAPublished 1
Profits We were running clear profits but got disturbed by the event ...close if you entered this tradeby GOLDERNTRADERPublished 0
USD/JPY 27/09/2024This is my analyse for usdjpy im looking to long it after it got in the orderbloxk!Long11:48by humorousRice21026Published 0
USDJPY Short Fakeout TradeUSDJPY Short Fakeout Trade We closed above Weekly High with and return below the zone, structure became bearish Stop Loss 10 pips above the new wick: 144.824 Take Profit: 144.002 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3. Trailing the rest with market structure on M15 and later H1 Close the loser before hitting full SL if price moves back to the breakout level without follow-through. Close the winner if a reversal signal forms (e.g., engulfing pattern, pin bar), especially on higher timeframes like H1.Shortby MarteyfxPublished 0
USDJPY move in range and target 146.7 PEPPERSTONE:USDJPY Fluctuate in range and will move up to 146.7Longby RedCranePunchPublished 0