a great possible short setup on usdjpy remember risk management
USDJPY Setup: Structure Breakout & Retest Confluence: Engulfing Entry: Sell @ 108.70; SL @ 109.10; TP @ 106.00
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
Continued weakness in USD Uncertainty in Trade Negotiations
Sell angle mirror pattern USDJPY - 111.63 SL - 111.84 TP - 110.84 RRR - 1:3.8 Additionaly reason to open sell USDJPY - Gold is going higher (attached idea)
Open sell position on USDJPY 111.91 SL - 112.17 TP - 111.10 RRR - 1:3
I have a channel for the dollar's current price movement. Maximum potential price point for dxy will be 97. From there we will see a downturn most likely to 96.50
I just found out that the price for USDJPY now is near to the Resistance, plus I see a downtrend channel. If the price still hold below the Resistance, USDJPY will go down again, and probably gonna try to breach the 110.00. Therefore I decided to entry Short Position : SELL @111.10 STOP LOSS @111.50 TAKE PROFIT @110.30 It may go down, it may be not. This is just...
Expecting the weakening on USD to force investors to the safe heaven currency quite soon
I have SL at last sell order on USDJPY. But price going so slowly up that i still waiting for fast sell movement. Lets try make sell order from 109.91 to 108.50 TP and SL=110.17 RRR - 5.3. Write in comments your opinion about this position on USDJPY.
I see that all USD pairs in medium term - are in downtrend. But on NFP - USDJPY make good movement highly. Why? New buytrend? Or collected stops and went down? I think that way. So i find sell position with SellLimit on 109.59. SL-109.83 TP-108.47 RRR - 4.53 Good or not? It really risky position. But interesting RRR. So lets try it :) I wish good...
USDJPY is still on its bearish run, on the resistance line will be a potential trend trading opportunity for shorters. If market break above and close above the resistance line, the market is on its bullish turn. For aggressive traders, you can wait for the market retracement back into the blue zone and it does give the aggressive traders an opportunity to engage...
OANDA:USDJPY has been tanking since the 22th of this month. It is expected to continue plummet further on the H4 chart. StopLoss: 109.5 TakeProfit1 : 109.135 TakeProfit2: 109.000 Psych level
Hi everyone this is what i see at the moment USd yen looking like its going down to the target mentioned once this tp gets hit once that happens a reaction will take place how much that reaction will go up etc happy trading everyone Kris
Late post but on the break of the trendline shorted it.
Overall USDJPY is still in a sideways movement on a daily technical chart. But I am giving short bias based on the price movement, which is within the range.
Let's see how the usdjpy pans out, we will short only if it comes into our zone. Happy Trading :)