We are seeing clean bearish momentum for this pair. Excellent and clear market structure of lower lows and lower highs. Now looking for trend continuation to take a short trade. Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min and ATTACK! This is...
Bigger timeframe has shown us LL and LH, therefore we are sinking. We should not be looking to fight the trend but follow and capitalize. So it to be clear and straight forward we will wait for one the rectangles to be hit, retested and candlestick confirmation in the area in order to decide what we are doing. With that gap we can guarantee that the gap will...
Welcome to one of my favourite pairs. I will apologise to it for not respecting it enough and caring enough to always give her time. I would like to change that and make it better and build and do better. High = 151.943 (Has been hit 3 times, area of sensitivity) - results in dramatic drop from this point, once in OCT 2022 and twice in NOV 2022 - This should...
With today's data we saw UJ continue its downtrend. I believe that it will bounce at around 141.700 and then reject back off the trendline to continue lower.
USD JPY in a bearish range as it was from Thursday we created our swing low and confirmed our swim pines we're now waiting for every sweep of the swing high for continuations down or a break out of this range lower which we can then continue to follow into this new bearish range. Remember to always read order flow and follow what price is showing you instead of...
USDJPY inverted his trend for Bearish Side. As first target we can assume that we will fill last wick ar 147.277 Time for implemention: Next days (this week) 📣SELL SHORT USDJPY 📣 ratio 1:2 🔴 EP: 149.275 🎯 TP: 147.277 ❌ SL: 150.274
According to the theory I have on JPYX tagged below and was my previous post, JPY has broken a triangle consolidation and seems to be showing signs of a strengthening yen, we can see in UJ we can kinda see the same thing happening. I will be keeping an eye on this pair into next week.
I used pro price action market structure Major weekly,daily and 4hour trends are use to determine the provided setup Supply and demand is the main game plan
UJ holds the bullish trend, that's for sure. But multiple intervention bring unclearaty to this market. Please see connected ideas for context.
Overview USDJPY is nearing the 150 handle again. The Bank of Japan (BOJ) may intervene, creating lucrative JPY buying opportunities. The Details The Yen is weakening. The JPY Currency Index ( TVC:JXY ) has the Yen at all-time lows. The last time the Yen was this weak was in September and October 2022; the BOJ intervened in the FX markets to strengthen the...
System has identified a “BOBBI” playbook setup and an “inside bar momentum” entry during the third hour of the ASIA 12-Candle Window. RISK: 1R TARGET: 4R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry...
System has identified a “REV” playbook setup with a potential sell stop “momentum” shift market entry during the first hour of the ASIA 12-Candle Window. RISK: 1R TARGET: 4R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying...
System has identified a “618” Fibonacci retracement setup and executed a sell “limit” shift entry during the pre-market ASIA 12-Candle Window. RISK: 1R TARGET: 4R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and...
A mini buy is supposed to happen on UJ according to my analysis
USDJPY is still in technical uptrend, recently showing few cycles of reaccumulation - when prices dips below the low to manipulate weak hands, only to continue higher. In recent UJ outlook we discussed that the price need more time to accumulate before continuation, and right now it seems like UJ is starting to build up chains of demand and structure as showed on...
System has identified two setups. A break out break back in, “BOBBI”, and a “Reversal” playbook setup along with “momentum” shift market entry during the third hour of the ASIA 12-Candle Window. RISK: 2R TARGET: 8R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals...
System has identified a “618” playbook setup and executed buy “limit” market entry during the second hour of the ASIA 12-Candle Window. RISK: 1R TARGET: 4R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry...
System has identified a “BO” playbook setup and a potential “momentum” shift market entry during the first hour of the ASIA 12-Candle Window. RISK: 1R TARGET: 2R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and...