Observamos un canal, cuyo recorrido paralelo es de aproximadamente entre 70 a 80 pips. Esperamos a que rompa el actual banderín, dando entrada a venta. Perseguimos aproximadamente +60 pips.
Entrada: 107.855
TP1: 107.651 +20
TP2: 107.475 +30
TP3: 107.241 +60
TP4: 107.100 +70 (Para obtenerlos, mantener seguimiento a la acción de precio.)
#USDJPY #EURUSD
Hello to all watching my charts
If we have a closer look to USDJPY in my eyes its still a short position.
If you have a very shorttime view you could find a small longchannel
from yesterday evening and the new low
107.20 to the close of today at
107.70
but it seems to me that this shorttime long is very limitied
until the pair will not...
#USDJPY # EURUSD
Hello to all watching my charts
Quick update to the lats USDJPY Post :
Now the pair has fallen down out of the longchannel
and we are short .
Good trades
Renkotrade
#USDJPY #EURUSD
Hello to all watching my charts.
Now we just mention a trendbrake of the week trend LONG
at
108.11
Now trading at
107.98
If the pair will not come back soon
we will se lower prices shure, cause chance of rebound is gone than.
But maybe the pair climd back.
So watch out now. !
Good trades
If you want to support my work and my charts,...
USDJPY is expected to drop to 1st support at 107.742 where it could potentially react off and up to 1st resistance at 109.002.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDJPY labeled within a Complex Bearish Triple Three pattern in Intermediate (B) (blue).
Minor Z (purple) is expected to resume for the down-trend, in an impulsive manner.
USDJPY is consolidating at the Support area for the last few days. So, it would be interesting to see if USDJPY manages to stage a comeback this week. Like with any other JPY pairs, the main driver is going to be the Global Risk Sentiment. I expect risk sentiment to get a little better this week because of the recent trade deals with Mexico.
Besides, recent...
USDJPY is approaching a SUPPORT AREA from where it can BOUNCE HIGHER.
The first SUPPORT is at 109 area and the second SUPPORT lies slightly lower at 108.50.
So, depending on BULLISH PRICE ACTION, Traders can look for BUYs at 108.50-109.10 with SL below 108.40.
TPs can be set at 110.10 and 111 respectively.
A lot depends on the current RISK SENTIMENT in the...
1. The era of overactive BOJ intervention is over.
2. Capital managers buy JGBs on an unhedged basis.
3. CHF is also no longer an EU-specific safe haven strategy.
4. Concerns about a US-Japanese trade war increase.
5. Widen trading band for 10-year yields or shorten the duration of assets purchased.
6. Kuroda starting to engineer the 10-year yield higher.
7. A...
I see so many traders already going short on this pair since last week.. why?? There is no reason to go short or go long. This is what you call being patient, let it show you where it wants to go instead of guessing.
People wonder why they lose and this is the main reason, you're basically gambling. Let it give you a clear sign. We are OVERALL bullish on this...
I will list the factors that might lead to a BIG SELL on UJ soon.
1)Looking left, you can see that price broke out VERY STRONGLY from the symmetric triangular formation(light purple triangle.) This is a BEARISH SET-UP.
2) The Trend Line Resistance(Royal Blue line) has capped the upside since October'18. And this week as well, it has managed to stop the upside....
Possible short for USDJPY. Most people would leave this par alone and have no idea what to predict due to the fact that the chart has been moving 'Sideways' for a while now and most people usually stay away from sideways moving charts. I can see a parallel wedge forming and price is getting close to the edge which means its going to break out one way or another....
We sold this position for a target of +50pips and exited early at +35pips after we found strong resistance on the 4-hour EMA50.
Lower timeframes suggests a sharp pullback and as we look back over the charts we can see the EMA50 has historically provided a solid ground for dynamic support & resistance.
With this in mind and the higher timeframes being overall...
