Hi Traders, USDJPY already rejected 114.3 Weekly Supply Zone as was predicted on the idea previously, we're trying to monitor now the best zones to consider for going long, once any buying confirmation is noticed.. the trade will be executed. Trade Safe, and remember to use a good risk management especially in swing trades.
USDJPY looking ripe, Entry for this buy at 105.337 . Our targets at 106.400 stop losses below 105.140 Use proper money management. Tight stop losses as always
Longer term fib, created swing high and swing low. We are now going into a retest phase of the move, before a sell off.
USD/JPY 78.60% fib retest rejection, then into -27.00% (106.351)
I am buying USDJPY for 107.9pips from 103.178
Today, the indicator "Kenji" on the daily USDJPY chart generated a buy signal. Let's give some explanations on this signal. This is the ordinary signal to open the trade with a basic volume . According to the indicator, the price of USDJPY is currently in the active uptrend phase (the area between the fast and slow averages is colored blue). At the same...
Big players are taking bullish bias recently, shown with the impusive leg to the upside, now corrective move is formed. The last recent swing high is in conjunction with EMA50, which provides good entry level at around 106.193 Stop loss below the last recent low 105.828 and target at the major resistance 107.528 R:R 3.5:1
SHORT TP: 104.79 Forex Family + IML = SCAM DO NOT SUPPORT THEM DYOR The only signal you should ever follow is the one from your own mind IG @lord_backwood
A big compression happen on 22nd May 2019 as you can see on the chart. Bear power is still weak to consider selling. Buying opportunity emerged as there are DBR that break Resistance on 20 May 2019. We can start to buy at liquidity level or we can wait and buy at QML on lower TF. TAYOR (Trade at Your Own Risk)
I recommend BUY USDJPY at 110.42 because I see breakout sell channel at m5 timeframe. StopLoss is small, but potential TP is very good. So you can use good volume to try catch good profit SL 110.28 TP 111.49 RRR - 8.4 to 1 risk
USDJPY has been trading within a huge ABCDE corrective triangle on the weekly chart. We have scoped down to the 4H chart to find a solid entry to a long position with extended profit targets. Entries would be placed around current market price with a stop loss below the low around 109.000 - 109.110 & aim for targets of 110.000 & 118.000. Updates will be...
Idea illustrated above for a possible Double Top on UJ Best of luck
CURRENCY PAIR: USDJPY ; Time Frame: 1D - 4H; LONG OPPORTUNITY : Buy on support line , after reversal pattern of trend. Looking new up moves. first tp is 108.500
USD/JPY Uptrend target for coming week is 115 and then 123 during November or December.
USDJPY has been in south range scenario over the most recent couple of months as it struggled with going underneath the equality level ( parity level:) The USDJPY has pushed above trend line resistance just yesterday @ 102.0 level which equals to more bullish possibility. Hang on tight 'cos higher we go!
The Risky BOJ front run trade using CPI inferences - I find it very interesting that the BOJ is releasing ALL of its key economic data (minus GDP) before making the easing decision, especially as we have already had CPI data this month so we will have an 2 CPI releases in one month which ive never seen happen before (CPI from JPY is usually due next week). -...
BOJ Miss - Sell GBPJPY @Market price; 129tp1 - up to 800pips. 1. A BOJ miss can be considered as delivering the median expectations e.g. 10bps cut to the depo (-0.2%), 10bps cut to the LSP (-0.1%), Yen10trn increase in monthly JGB purchases & 50% Increase in Annual ETF purchases e.g. 3.3trn-5trn. Fiscal Stimulus Yen10-15trn. - The package above or less...