Hello Traders! This is my idea related to USDJPY H2. I expect another retracement in the OB level and after that I will execute a long trade in case of confirmation. I see the price to go up until the level of 149.500. Wait for confirmation! Apply Risk Management! Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this...
Trading Setup: There is a Trading Signal to Sell in USDJPY Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 150.45 ⭕️SL@ 151.56 🔵TP1@ 147.30 🔵TP2@ 143.66 🔵TP3@ 139.00 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
USDJPY: On the daily time frame, after hitting the middle line of the horizontal white channel, it cannot return to its upward purple channel. Therefore, it can hunt for twin ceiling after collecting liquidity. If it turns, it will most likely lose its last support and enter a long-term downtrend
In the daily time frame, usdjpy could not break its previous ceiling and weakness in the power of buyers is observed. In the weekly time frame, the price is in the range of the ceiling of the descending channel and the ceiling of the ascending cycle, and it seems that we will see a correction in the weekly candles: either a large correction after collecting...
The USD/JPY pair has been on a tear lately, but a potential shift in global liquidity conditions could throw a wrench into the rally. The Story: Recent economic data and central bank policy stances have favored the US dollar, pushing the pair higher. However, concerns are rising that external liquidity, or the flow of funds from overseas investors, might be...
As I anticipated and drew attention to two weeks ago, FX:USDJPY peaked above 150 and, after several days of distribution, experienced a significant breakdown yesterday below the 149 support level. At the time of writing, the pair is trading at 148, and I anticipate further downside movement. The target zone is around 145, and the recommended strategy is to sell...
As you can see, the price was in the range for a while and there is a liquidity pool on both sides of this range. A sell-side liquidity in daily FVG makes this FVG a high probability support and we can also define the bullish 4-hour breaker block inside the FVG. Now, we can expect price support from the FVG and move higher to collect the liquidity above the...
Today's focus: USDJPY Pattern – Consolidation (Bullish?) Support – 149.84 Resistance – 150.81, 151.745 Hi, traders; thanks for tuning in for today's update. Today, we are looking at the USDJPY on the daily chart. Simple story today: will the current price consolidation break higher (with trend) or break lower, setting off distribution? We find it's important...
The Japanese yen hovered close to a four-month low, whilst statistics confirmed inflation in Tokyo recovered as predicted in February. Stable inflation offers the Bank of Japan extra motivation to elevate hobby costs from extraordinarily low levels. The greenback index and greenback index futures had been consistent at some point of the session buying and selling...
Looking for a breakout or pull back with a 4h close to look for buys
USDJPY 1H Projection My View on usdjpy. looking for sellside
hello guys i hope you are having a good week , today i am looking at USDJPY this weekly candle on usdjpy closes as a hammer looking like candle indicating buy. for the daily tf the price started consolidating for a while now (accumulation) , since friday candle closed as inverted hammer am guessing monday we are going to see a red candle possible the candlle...
USDJPY is trading in a bullish trend. After the price set a new higher high, we see quite an extended consolidation within a horizontal range. 150.9 is the resistance of the range. If the market breaks and closes above that on a daily, we can anticipate a trend-following movement. Next resistance will be 151.6 Alternatively, a bearish breakout of the support...
the Ratio for this trade is above 6 . TP here shouolod be considered as 1st tp
Pair : USDJPY ( U.S Dollar / Japanese Yen ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line RSI - Divergence Break of Structure Completed " 123 " Impulsive Waves
USDJPY is on its third leg up in this bull channel that started at 141.000. We're near the top of Resistance Zone, is a long justified? How do we trade this? 🤔 We need confirmation of a breakout to justify a long. After the initial bull run to 152.000, USDJPY pulled back with three legs to 140.200 and followed with a run to our current position of just over...
USDJPY LONG FOR 60 TO 130 PIPS
Pair : USDJPY ( U.S Dollar / Japanese Yen ) Description : Bullish Channel as an Correction Pattern in Short Time Frame with the Breakout of the Lower Trend Line Break of Structure Consolidation Phase Completed " 1234 " Impulsive Waves RSI - Divergence