Hi there, USDJPY is setting up for a drop and maybe a top in the market for a while, Set shorts with the SL placed as explained in the chart. TP 113.800 or lower Good luck
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Hello Traders! Check Related Idea for market context! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Hello Traders! Check Related Idea for market context!! Looks like USDJPY is almost ready to go! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
USDJPY is in ascending channel so we can take a short trade
USDJPY Reversed back to follow a downtrend. i took a sell there, from the trendlines marked, now we will buy it when it reaches the lower trendline, as it is believed that it will follow an uptrend until the next Big resistance marked.
USDCAD respect to triangle pattern and we waiting for clean breakout. but it seems continue bullish on it. If you have any idea, leave comment below and dont forget to like this idea
-I HAD AN IDEA ABOUT THIS PAIR YESTERDAY ( SEE RELATED IDEA BELOW ),THE PRICE MOVEMENT STRUCTURE ARE SIMILAR WITH THE XRPUSD,XLMUSD,GRTUSD AND SO ON,.SO I GUEST ITS BULL SEASON AT THE MOMENT.
Price is going up gradually in a parallel channel. A long term ascending movement is happening. TP1: 105.800 TP2: 106 TP3: 106.200 TP4: 106.400
This may be a risky one but looking to jump on a short from current price down to 0.618 Fibonacci as I was previously aiming for. There is support between current price and that target which it has just rebounded from, that is what makes this risky. Also JPY has been weak recently so this may be a risk not worth taking for some people. TP - 104.264
After this move Will be expecting USDJPY to to start an uptrend..if that support Below is respected.
As you can you can see , USDJPY in H4 has a chance to brake the triangle. you can refer to USD Index chart analysis and see that , USD is starting to grow up.
Like the title says; SHORT