we shorted this pair earlier from the very top and now we have reached a potential reversal zone. There is a high chance the price momentum to turn bullish for the long-term at this point.
We have a great R:R here, so I think its worth giving this trade a shot.
Hi guys
Short after the 4 legs of the eliote wave can be a good idea. When we enter the zone, wait for a confirmation of the set up and then short. Hope this chart will help you.
Sorry for the mistake, english is not my main language, but I'm trying my best to avoid them.
Good luck :)
FX:USDJPY
INSIDE BAR BREAKOUT (BULLISH OR BEARISH) PENDING ORDER
=============
BUY PENDING ORDER
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ENTRY: 10 PIPS ABOVE 107.49
STOP: 74 PIPS
TAKE PROFIT: 148 PIPS
=============
SELL PENDING ORDER
=============
ENTRY: 15 PIPS ABOVE 107.49
STOP: 74 PIPS
TAKE PROFIT: 148 PIPS
Best of Luck
Trade with Care
Money Management is the key to success!
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential short position for at-least 200 pips.
I'll post a weekly chart, It has a potential to go up and then it will go for another down move.
.TP & SL are mentioned in the chart.
Adjust your Stop Loss according to your lot size,
account equity ,strategy & money management.
***If you want to get in...
Daily -
On daily we see an up trend that took place towards the end of 2012 and we had a trend change by the first month of 2016, in other words we had almost 3 years of up trend in USDJPY.
USDJPY was able to loss almost about 40% of what it gained in 3 years over 4 months, this is due to uncertainty of the market in the couple of past months with Brexit and...
Lovely time to get short on this pair, yen helicopter money ruled out and the buildup ahead of FOMC this week will both aid in this cocktail of strength for yen pairs.
All eyes on BOJ towards the end of this week with their interest rate decision.
Thank you for all the kind comments, I am humbled by your response - Please support with a like and comment!
Trade...
If Market Open With Gap up And
First two H4 candle Close upside of
Friday lowest then Buy
If Market Open With Gap Down And
First two H4 candle Close Down of
Friday lowest then Sell.
BIG MOVE DOWN SIDE AFTER OVER THIS CORRECTION
Based on AB=CD pattern , Time Ratio & Gann Analysis. This is a potential trade for at-least 6400 Pips!
This trade has a complete structure and every single move will earn you Huge Pips. I have tried to mark the best entry points for both sides (Short & Long).
If you follow this trade properly , this single trade will be enough for a year :)
I have also...
USDJPY showing strength to keep up. Wait touch the ressitência 106,439 and see how the pair reacts. It seems that everything has to break for doing a doble top in H1 and get upset. If the pair support the broken resistance the pair can gain an increase in the region to build up and gain more strength to break 106,439.
If this analysis makes sense to you give me a...
