SHORTPrice broke previous low and tapped into previous lower high area to fill liquidity.
There's much value gap to be filled. I'm looking for shorts, my target would be 149.000
USDJPY trade ideas
USD/JPY Short Setup - Trendline playI am currently looking for a short position on USD/JPY
Entry Point: 150.304 Near the red downtrend line, ensuring alignment with price rejection and resistance.
Trade Management:
Stop Loss (SL): Placed above the most recent high for protection.
First Take-Profit (TP1): At the first 4-hour resistance; SL will be moved to breakeven (BE) at this level to secure risk-free profits.
Partial Profits: Will be taken at subsequent 4-hour resistance levels to lock in gains.
Current bias: Bearish, respecting the downtrend line and maintaining lower highs.
Moving averages and key resistance zones provide confluence for this setup.
USDJPYUSDJPY ( U.S Dollar / Japanese Yen )
Bearish Channel as an Corrective Pattern in Short Time Frame
Break of Structure
Completed " 12345 " Impulsive Waves
Fibonacci Level - 38.20% / 50.00%
Demand Zone
USD/JPY LONG FROM SUPPORT
Hello, Friends!
We are targeting the 155.906 level area with our long trade on USD/JPY which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option.
✅LIKE AND COMMENT MY IDEAS✅
Fundamental Market Analysis for December 05, 2024 USDJPYThe Japanese yen is attracting some buyers on Thursday, albeit without bullish conviction.
Rising US bond yields are supporting the US dollar and lending support to the USD/JPY pair.
Traders seem reluctant to make aggressive bets ahead of the release of the US NFP report on Friday.
The Japanese Yen (JPY) rises against its US counterpart during the Asian session on Thursday and moves away from the weekly low reached the previous day. Signs that Japan's core inflation is picking up continue to fuel expectations that the Bank of Japan (BoJ) will raise interest rates again in December. In addition, persistent geopolitical risks, trade war fears and an overnight decline in US Treasury yields are contributing to the yen's gains.
Meanwhile, Wednesday's remarks from a number of influential FOMC members, including Federal Reserve (Fed) Chairman Jerome Powell, served as a tailwind for US bond yields and the US dollar (USD). This, along with the prevalence of risk sentiment, may curb significant strength in the safe-haven Yen and provide some support to the USD/JPY pair. Traders may also refrain from aggressive directional bets ahead of the release of the US Non-Farm Payrolls (NFP) report on Friday.
Trade recommendation: Watch the level of 150.00, when fixing above consider Buy positions, when rebounding consider Sell positions.
DeGRAM | USDJPY rebound from the channel boundaryUSDJPY is in a descending channel between the trend lines.
The price has already reached the lower boundary of the channel and dynamic support.
The chart has formed a harmonic pattern.
We expect a rebound to the dynamic resistance.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
usdjpy longusdjpy
long
Please don't be greedy
ENTRY : yellow point
TP : blue lines
SL :
below red line for LONG position
above red line for SHORT position
INSTRUCTIONS:
For risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
USDJPY BUY!!!!UJ sentimental is bullish today, and early morning it just grabbed liquidity of the Asian session low. Now, let go long
We first aim for 1:1 the 1:2 after securing some profits
USDJPY DAILY FORECASTDespite the fact that the instrument is bullish, it has min trends along... and a big shift might be seen soon... sharpen your entries in H4 and refine in H1. Thank you.
USDJPY Long - 5 DecH4 ChoCh upwards.
Price retraced back into Demand Zone.
H1 shows fractal break upwards.
M15 Choch upwards.
Set pending order to buy for a 1:3RR.
USDJPY Short - 5 DecM15 has a ChoCh. Overall trend is bearish.
Price presented itself according to my entry model.
Took a short trade for 1:3RR.
USD/JPY bullish trend change 1 hrUSD/JPY has recently changed its direction from bearish to bullish in 1 hr time frame. Accumulate at the demand areas .
Bullish bounce?USD/JPY is falling towards the pivot which is an overlap support and could bounce to the 1st resistance which has been identified as an overlap resistance.
Pivot: 148.92
1st Support: 147.24
1st Resistance: 151.57
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USDJPY M15 I Bullish Continuation?Based on the M1 chart analysis, we can see that the price is falling to our buy entry at 149.51, which is a pullback support close to 61.8% Fibo retracement.
Our take profit will be at 150.88, a pullback resistance.
The stop loss will be placed at 148.66, which is a swig low support level.
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USDJPY BEARISH / BULLISH !RBS IN USDJPY
"Role Reversal Alert:
USD/JPY The previous resistance level has now become a support level, indicating a potential trend continuation. The bulls are in control, and the price is likely to continue moving upward.
Key levels to watch:
Support: 149.920
Resistance: 151.357
Keep a close eye on USD/JPY as this development could lead to new trading opportunities!"
BEST WISHES TOM 😎
This setup aligns with the potential for a continued move loweScalping USD/JPY with a short bias throughout the week. Observing market dynamics, it appears there is still potential for further downside movement. Retail traders, as usual, are heavily skewed toward long positions, creating an opportunity for larger market participants to exploit this imbalance. This setup aligns with the potential for a continued move lower.
usd jpy The USD/JPY has broken above its trendline resistance, forming a higher high—signaling potential bullish momentum. A long position can be considered at the current market price (CMP), with a stop-loss (SL) placed below the recent low at approximately 149.600, ensuring risk management. Targets can be aligned with the next resistance levels, adhering to the prevailing uptrend.
LNGISH BIASPrice on the daily closed bullish above previous day's close, 4 hours tf broke out above previous high, pulled back to fill liquidity, Price will likely break 4 hours resistance pullback a little and make new high. Target is 151,574
USD JPY Short USD will keep falling against JPY
Weekly trend is very strongly bearish for USD - on daily after resistance test, USD will keep falling to next support / buy zones
USD/JPY AnalysisOn the daily timeframe, a downward movement toward the 147.014 level is expected, followed by a short-term upward move projected to reach 153.550
This analysis is brought to you by the FXonbit Traders Team
Bearish drop?USD/JPY is reacting off the resistance level which is an overlap resistance and could drop from this level to our take profit.
Entry: 150.73
Why we like it:
There is an overlap resistance level.
Stop loss: 152.20
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Take profit: 148.90
Why we like it:
There is an overlap support level.
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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.
USDJPY Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 149.300 zone, USDJPY was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 149.300 support.
Trade safe, Joe.
