look at other recint charts for analasis best entry best trades pipmuncher lets let the markets plat stops already ay brake even will manage risk acordingly crucifying the markets 1% risk 33% gains
addition from 4 hou post entry on 1 min time frame stop loss above OB zone divergance on 30 min ,15, 5 and 1 minuite 70 RR at least sam chart for GJ brought to you by the market munchers
Will USDJPY attempt for a bullish move ? Will it respect the long time bullish trendline ? will it break through a falling wedge ? Are these confluences are the sign of some bullish attempt?
Forming Ascending Channel In h4 Timeframe Counter Trendline Broken Expecting Bearish Move Toward 89.00
Bearish Indications 1. Lower Highs and Lows 2. Descending Channel Bullish Indications 1. Already test its significant support 2. Already formed LL after a large red candle and now it will move towards new LH 3. It will go up to test the resistance trend line
Bearish Indications (BIASED SHORT) 1. Bearish Flag Formation and it breaks its support line as well 2. BXY is in a Bearish/Sideways Trend 3. JXY is in Bullish Trend 4. Broken flag support trend line Bullish Indications 1. Currently Price is at its major support level in Higher TFs Neutral Indications 1. No divergence was found as RSI and the chart is in sync
Bullish Indication. Bulliish trend intact. Price value in between 1hour resistance zone Bullish parallel channel intact JXY seasonaly moderately bullish Trade plan to Buy / Long position Entry point above the support / resistance zone @ 75.75 Stop Loss below the support / resistance zone @ 75.15 Take profit below the support / resistance level @ 77.25 Bearish...
Hello Traders, In this Today's trading session we will be monitoring AUDJPY for a Buying opportunity in and around 93.6 OB zone. Once we get a bearish confirmation the trade will be executed and shared with our premium subscribers! - RISK DISCLOSURE TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF...
149 remains a crucial level for near-term price action and then the 150 psychological level. The RSI remains in overbought territory however, pullbacks have proven to be short-lived even if we do see a reasonable move lower on talk of possible intervention – which may be implemented during periods of lower liquidity. For now, the trend remains to the upside as it...
hello tradingview community, lets get straight into technical... currently the JXY is completing the falling wedge, it could break the falling wedge or may pull back and stay in the falling wedge since it is still in the bearish momentum area according to RSI and Macd for 8hr tf.. Price has made a strong support around 73.03 where the could or may not test...
Trade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK DISCLAIMER Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in...
JXY, Yen has technically taken out the support and price slides further downside. All the crosses looks like to make all time high specially USDJPY BoJ Stance: BoJ would adhere to its ultra-loose policy until the Bank achieved its inflation target of 2%. With Kuroda doubling down on the Bank’s accommodative policy, the risk for the yen is clearly tilted to...
This is just a small correction on UJ because of DXY retesting 103 mark as you can see here: You get 1:3 RRR on this trade, but you will probably have to hold it over the weekend.
The USD has lived up to its classification as a safe-haven currency since the beginning of Russia’s invasion of Ukraine. Other safe-haven currencies, such as the Swiss franc and the Japanese yen, have failed in this respect. Both have lost strength over the past month and a half. The Swiss franc index has fallen 1.2% over this time, while the Japanese yen has...
Soon the Japanese yen will gain strength and improve the ascent path to Fibonacci 0.5
After the arrival of the Australian dollar following the competition with the Japanese yen, which weakened greatly, it is time for a major correction until Fibonacci 0.5
Starting with the 4 hour timeframe, the yen is finally starting to show some life as the oscillators give several indications. On the larger timeframe (reference charts below) you can see we're also testing the descending support. For now, I'm not suggesting a complete a reversal put a possible pullback towards the mid-channel pivot is warranted. Let's now take a...