USDJPY has been giving us a great volatiliy and trading opportunities. Let's see how it behaves once it finish consolidation and very possible breakout to SHORT for next hours.
Daily bearish and intraday bearish Monthly and weekly has to drop 0.38
Price action has slipped below 21-EMA, 5-DMA is biased lower Bearish RSI divergence adds to the downside bias, RSI has slipped below the 50 mark Next major bear target lies at 55-EMA
Theres a double top spotted on the market. The completion has ended and there's a retracement inside the the pattern in which coincides a resistance that has been acting as a support/resistance. Our target will be 126.100. Possibly it will take some days to get to our target, but I think it'll go. Also take in consideration that it could bounce at 127.00. Do you...
USD/JPY extends weakness below 5-DMA, US dollar struggles to cheer firmer inflation numbers slips below 5-DMA Major Support: 128.50 (21-EMA), Break below will drag the pair lower.
FX:EURUSD Hello traders: Looking at the EUR/USD price exits from upward triangl downward I'm now think that price will continue to decline. Short targets at first is level 1.07981 and 1.06416 . This is an article, not financial advice, always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And...
sell usdjpy using the following parameters below and trade using risk management
D1 - Bearish Divergence. Expecting short term corrections to happen here. H4 - Price is bouncing lower from a key resistance zone. Bearish trend pattern. Until the key resistance zone holds I expect the price to move lower further after pullbacks.
From the last analysis posted, we can now see that Gold has gone up as expected & completed Wave B, hitting a peak of 1809. Expecting price to slowly decline now towards Wave C around 1774-1767.
I am predicting sell from 5m tf Imbalance (IMB) This IMB is also at the 1h tf Imbalance Set tp & Sl by yourself Tell Me what do you think about it Enjoy!
Just my stupid idea on the current USDJPY movement in recent days. Been monitoring for the past week. The price still consolidate between 113.5 to 114.2. May enter short once closed below 114.2 for confirmation.
Sell USDJPY now it appeared Negative divergence USDJPY TYPE : SELL TF : H2 ENTRY PRICE : 113.85 STOP LOSS : 114.75 (90 PIPS) TAKE PROFIT : TP1: 113.65 TP2: 113.25 TP3: 112.50 TP4: 112.00 TP5: 111.15
No need to be biased in a single direction. Structure is showing clear lower highs and potential bearish impulse. Continuation to retest longer TF lows possible.
Price is still currently in a correction, but once price breaks out the structure l expect more sellers to enter the market.
Hello traders , we had a BOS of the trendline I drew and in pullback phase , You can sell it now or risk to wait for the price to have more pullback Good Luck
Brief analysis, expecting sell (Daily Time Frame) Market hit temporary Resistance zone. Sticks identify sellers almost out performing buyers. Indicators also identify a sell is on the cards.
D1 - after the bullish impulsive structure i expect to see second wave down. H4 - assumption here is that we are inside a pullback move (the up move). Looking for signs that this move is over and then i will start scanning for possible sell entries.