After the breakout of the mirror level price is very aggressive and falls rapidly to the downside. Expect further bearish movement.
Here in higher timeframe we see a nice downtrend. So wait for a small retestment the will go again SHORT... Must follow PRICE ACTION.
Here a clearly downtrend ig falling. After some retest and also breakout this support then will go for SHORT... Watch lower timeframe M15 for understanding clear retest trendline breakout...
USDJPY Reached Resistence Zone H1 Sell, bearish reversal from resistance zone, RSI Divergence; Trade : Short/Sell Targets : 108.4, 105 Stop 1.25% Profit Target 5.40%
USDJPY In 4 hour chart we had half legged doji formation which is a clear signal for further selling of this pair USDJPY is in downtrend for the past one month. As the JPY is considered as safe heaven asset the number of positions has increased in recent days 108.160 region is a strong resistance zone from this point we can expect further selling of this...
USDJPY As the risk sentiment arises the safe heaven Yen has gained the major strength and rallied almost 1000 pips and reached 101.300 level and stalled We can expect further upward rally in comingdays Buy orders may placed at 104.300 level And potential take profit will be 106.800 Stop lose may placed below 103.500 level
USDJPY We can sell this par and the potential take profit will be 105.300
Buy usdjpy Entry 1 109.140 Entry 2 109.000 Sl 108.900 Tp.1 109.354 Tp.2 109.475 Tp.3 109.670
The pair sure as hell took its sweet time, but here we are. Continuing from our previous post to take short positions and hold them, mostly based on the US + China trade war, and the less than impressive brexit progress (link below): Once the pair breaks through the trend line, sell on the pullback. Pragmatic traders can take profit in the 108.000-ish...
We are at a resistance at the moment! At smaller timeframes it looks like we could form a double top! Fundamental I have a bearish bias for USA. Also a great Risk Reward!
See the chart for the explanation. Hoping to see price break off of flag pattern to the upside for a correction rally
USDJPY: Intra- BULLISH TP: 109.4 - 150+ Pips #Forex @TradingView Point A: 107.5 Point B: 109 Point C: Entry - 107.85 Point D: TP - 109.4 SL - 107.2
USDJPY: H4 - BEARISH TP: 105.73 - 250+ Pips #Forex @TradingView Point A: 110.67 Point B: 106.8 Point C: Entry - 108.47 Point D: TP - 105.73 SL - 109.1 I would not be surprised if price continues to the upside for more of a retracement BUT doesnt matter I would still look for price head to the downside for the actual main move.
USDJPY: H4 - BEARISH TP: 105.73 - 250+ Pips #Forex @TradingView Point A: 110.67 Point B: 106.8 Point C: Entry - 108.47 Point D: TP - 105.73 SL - 109.1 I would not be surprised if price continues to the upside for more of a retracement BUT doesnt matter I would still look for price head to the downside for the actual main move.
USDJPY: BEARISH TP: Intra to 107.6 - 100 Pips #Forex #FxProNow Point A LH: 109.9 Bearish Wick Point B LL: 107.9 Bearish Wick Point C Entry: 108.1 - Did not catch the right entry; I believed that price did not pull back far enough. Mostly because I thought the last LH at 109.7 was not a true lower high. Being the fact that price has close past the last level of...