Here we can see a reversal, as price broke the structure and forms lower highs and higher highs. I am looking for a long position if the price rejects from bullish orderblock + psychological level 8100 + discount market on Fibonacci. This mean Long on JPYxxx pairs and Short on xxxJPY pairs.
FX:GBPJPY The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
All major pairs beat Japanese Yen for weeks, very strong bull move. Not to mention the USD. NOW, with an exception of USDJPY, is it now to do the correction. This week signals for the correction, 4H swing low have been taken (EURJPY, CADJPY, AUDJPY) and need confirmation next week, when bull re-testing this week high. The moment of truth :) If bull fails, this...
This is a great indicator of JPY trend direction. It's the basket! As soon as you see a trend in this chart then trade JPY pairs accordingly.....Good Luck! SHORT then LONG!
📉 Expecting bearish price action on JPYBASKET as we are in clear bearish market strucutre on the HTF(higher timeframe premise) price didn't made the bullish reversal i was expecting the last week. I think right now price is heading into sell side liquidity 8095 ALL TIME LOW, with that being said i dont think there is a good chance to enter SELL on YEN CROSSES such...
✅ Expecting bullish price action on JPY and a trend reversal from bearish into bullish as we have multiple imbalances area aka price ineffiency that price will try to close in the upcoming days/weeks. We have a clear rejection area somewhere around institutional figure 8200 and i think this area will hold as a LOW for a very long time. Buy Side Liquidity as the...
OANDA:GBPJPY Hello Traders, We have been watching this pair for shorts although it's leader USDJPY tends to lead the direction. If the Daily fails to close above 154.500 we could see bearish continuation for the week.
GBP/JPY has broken the lower Bollinger band on the daily timeframe. The price is currently trending downwards, and could be moving upwards due to the Bollinger band break. There is a strong support level around the 149.000 price where we suggest to start buying. entry: 149.000 S/L: 148.300 target: 152.200 Some fundamentals, with news about Fed raising rates in...
📉 Expecting bearish price action on JPY as price touches 9200 institutional figure and takes out liquidity above the old high, the price moved inefficient last week with a lot of imbalances that has been left on the chart. I think on monday we will see a nice retracemnet on JPY meaning XXX JPY pairs bullish. What do you think ?
📉 Expecting bullish price action on JPYBASKET (YEN INDEX) as price is rejecting a bullish orderblock on h4 forming the AMD pattern Accumulation - Manipulation (right now) and we should see from there the Distribution of the price meaning bullish JPY, if we have a strong bullish candle on h4 we would go higher way above 9200/9250. What do you think ? Comment below..
📉 Expecting bullish price action on JPYBASKET as we are in a HTF bullish market strucutre. There is a possibility of making an AMD pattern as price is now accumulating getting orders both on long/short side after that we can see a run on stops below weekly low then bullish reversal. What do you think ? Comment below..
Hey tradomaniacs, JPY-Basket is re-testing a struong support-zone and should hold it in order to continue the trend. Risk-Off in equities would confirm my expectations. So far, a good risk-reward-opportunity! LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
📉 Expecting bearish price action on JPYBASKET from a short term perspective as price moves above weekly high and rejected with a high bearish momentum, on a mid-long term perspective we are bullish from 9090-9000 areas where we have a bullish orderblock and imbalance, dont look for sell on xxx jpy pairs for now. What do you think ? Comment below..
📉 Expecting bullish price action on this index pair as price is making a bullish market strucutre on h4 shifting the strucutre from bearish into bullish, we are retracing right now into a orderblock h4 area filling the bullish imbalance and taking out stops below 9000 important psycho level, if we have a h1/h4 bullish closure then we should expect a leg higher...
FX:USDJPY 117.361 is an entry point for selling 108.195 the next target
CHFJPY has met it's long term upper trendline, is showing oversold on the Daily RSI, 4H and 12H, and even the weekly RSI is at 69.98. We also see strong bearish RSI divergence on the Daily. JPY has been the biggest loser of the major currency pairs in the past month and in fact the past year, but for shorter term outlooks JPY looks due for a correction against a...