EXPECTATION TO COMPLETE THIS PATTERN WILL REACH 106 TO 108 AREA BEFORE DIVING TO 98 AREA AND BELOW
am longing on this after extensively reviewing this pair, technically and sentimentally. if your long this with me keep your SL at 100 and just forget about this pair and let it go. gyazo.com thats current market positions, take a look.
Hey Guys, In USDJPY pair we are getting back to back patterns to trade. So here we are looking at two trade opportunities, 1) Channel Breakout : With this channel breakout we can initiate short positions for the towards D from C. Incase you missed this breakout on retest of channel's lower trendline you can initiate short positions in USDJPY 2)...
Analysis: ======== Monthly StochRSI is OVERSOLD; monthly AB DOWN SWING - Price is moving down towards 1.618 TARGET Monthly Las AB Down SWING: price is at .382 Retracement Weekly StochRSI is GOING UP Last AB Up Swing; Price is moving down towards 1.618 TARGET Daily StochRSI is oversold - UP A (@ 111.824) B (@105.408) SWING - Price retraced back to .236 @...
here is my take on this pair on 3 different time frames : Monthly : We hit a major trend line dating back to 2002. Considering this pair has been a bull since 2012. what we see here is basically a pull back that took place from 1/7/15 till today. if by any chance we break the trend line, then this pair shall be officially bearish and may go back to 2012 low''s....
Here is USDJPY that will most likely go down as low as 101.8XX Enjoy taking care of that :)
Price always returns to its median as they say and this is a very good example of it. If you would have called out this short here on TV back in May 15 (which I did) you would have been laughed at and mocked ) it seems I got the last laugh ) Nevertheless, every good trader makes sure he/she has a perspective on things. Now, this is a very tricky position and to...
Pivot: 105.00 Most Likely Scenario: short positions below 105.00 with targets @ 103.70 & 103.20 in extension. Alternative scenario: above 105.00 look for further upside with 105.60 & 106.00 as targets. Comment: the upward potential is likely to be limited by the resistance at 105.00.
Pivot: 105.00 Most Likely Scenario: short positions below 105.00 with targets @ 103.70 & 103.20 in extension. Alternative scenario: above 105.00 look for further upside with 105.60 & 106.00 as targets. Comment: the RSI is mixed to bearish.
I am a newbie, I would like this USDJPY to go UP to 105.50 to Short . Be safe and good luck to you all.
Pivot: 105.60 Most Likely Scenario: short positions below 105.60 with targets @ 104.05 & 103.40 in extension. Alternative scenario: above 105.60 look for further upside with 106.00 & 106.40 as targets. Comment: the RSI has broken down its 30 level.
Long term support on the weekly chart / bullish wedge on 60 min chart (with overthrow). Waiting for 240 min candle close back above 105.6 to get long - level of early May low
Pivot: 106.40 Most Likely Scenario: short positions below 106.40 with targets @ 105.65 & 105.30 in extension. Alternative scenario: above 106.40 look for further upside with 106.65 & 107.20 as targets. Comment: the RSI lacks upward momentum.
USDJPY currently trading near the range of 106 levels. We look to take a buy call in this currency from current levels, keeping 104 below as sl. We expect a target of 117.90 as per the charts.
Pivot: 106.65 Most Likely Scenario: short positions below 106.65 with targets @ 105.75 & 105.50 in extension. Alternative scenario: above 106.65 look for further upside with 107.20 & 107.45 as targets. Comment: the RSI shows downside momentum.