GBPJPY is rebounding after marginally breaking under the 1day MA50 for the first time in 4 months. This is a similar type of rebound as April 23rd 2021. That sequence traded inside an Ascending Triangle. Wait until the price hits the top and sell, targeting the Support at 177.000. Follow us, like the idea and leave a comment below!!
NOTE: Selling opportunities are much more riskier. We're keeping the pair under watch to buy around 179.800 and the much more riskier setup is watching to sell around 183.500 We take less risk for shorting scenario.
Looking for EURJPY to head into this resistance zone to either break it or get rejected by it. Let me know what you think!
AUDJPY has come back up towards the highs of the range for a second time and has seemingly been rejected from the range. It is now breaking below trend and has confirmed a 3 Falling Methods at the break of the trend line. This time around I would expect a much deeper move down than the last time perhaps taking us to as low as the 1.618 Fibonacci Extension all the...
US dollar to the Japanese yen gave us another bullish range to the upside now with this range we have had a very weak break and we have not yet formed our swing high so we're waiting for the high to be formed before we confirm this range overall I believe we will see this push higher as our other pairs are looking as if they may want to push bearish through the...
Here we have British pounds to the Japanese yen with a nice break to the upside showing clear momentum behind this movement the POI that we are looking at is the POI that presents itself during the break between the high volume of London and the high volume of New York we are looking for this to take us higher out of the current range that we are sitting in, of...
Hey Traders, in tomorrow's trading session we are monitoring USDJPY for a selling opportunity around 141.400 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 141.400 support and resistance zone. Trade safe, Joe.
Fundmental: Given the Bank of Japan's decision to maintain ultra-low interest rates while adopting a more flexible yield curve control policy, coupled with positive market reactions and the potential for policy normalization, there is a strong possibility that the JPY225 index will rise in the coming days. The move indicates confidence in Japan's economic...
USDJPY is trading in a bullish trend. The price recently started a correctional movement and dropped to a major rising trend line. A big double bottom was formed on that. To buy the market with a confirmation, wait for a bullish breakout of its horizontal neckline. IF the market breaks and closes above 142.0 level, I will expect a bullish continuation at least...
I'm looking to buy again, I don't think we've seen the top, we're still miles off an ATH. With JPY still weak, Oil strong (which gives CAD strength), and a bullish engulfing candle on the 4hr (and a pinbar almost complete) I think we've had a 50% retracement of the last impulse and now back up. It would be great for this 4hr candle to close above the previous...
SLO @ 141.25 ⏳ SSO1 @ 141.00 ⏳ SSO2 @ 140.85 ⏳ Choose your TP based on your trading strategy: 💴 USDJPY (pip movement per strategy): STRATEGY PIP MOVEMENT Scalping 10-20 pips Intraday 20-40 pips Swing 40-80 pips Position 80-120 pips 💴 The average ATR for USDJPY (based on different time frames): TIME FRAME AVERAGE ATR 1 day ...
The market is very risky… I usually don't trade on days like this .. but I saw a high-risk position ... let's see if we can make some money here. PS. Leave your comments and thoughts.
Fast intraday search through my watchlist. You can follow the price with candle confirmation or whatever strategy you have. None of these are 100 %, complete confident analyses.. this market is all about probability .. so try to work on your risk management and self-control.. all the traders in the world can tell for sure what's going to happen or where the price...
Details on chart - looking to see continuations of the HTF bias of bulls
A 2-bar bearish reversal pattern has formed at a historical resistance zone just below 96. Prior breaks above it in June and September failed last year. On both occasions the market fell near the 91 area before retesting the resistance zone, and in October we saw prices accelerate lower. What could trigger such a move this time around? Whilst nobody is expecting...
After price gave us a change of character the the upside on 4h timeframe, it retraced and retested extreme demand. It then preceded to break structure the the upside, confirming the SMS we just had. It left behind a huge imbalance since it broke structure with an enormous upside momentum. It has currently retraced and is hovering above a demand zone that it could...