DOWNWARD CHANNEL WAITING FOR BREAKOUT TO KNOW NEXT MOVE
Awaiting Neckline breakout
I'm opening a long with undetermined target, stop at 113.70
Waiting for pullback on USDJPY and look forward to buy the dip. Be cautious as volume is a bit thin due to US Holiday.
Hello everyone. USDJPY broke the 1H downtrend. I expect a three wave uptrend now. Wait for the correction, and buy that breakout. Good luck!
Slight dip to 112.8 to entry long. MCAD 4hr bullish signal, A slight drop due to correction of RSI
Buy @ Market 112.65 SL. 111.95 TP. 114.2 115 116 117
USD/JPY Japanese Yen sustain advance against most counterparts on safe-haven demand after global equity drop on Global Economy growth concern Market managed to break below 115.50 zone which add more pressure to sustain advance toward first target 113.60 As short-run sustain trades below 116.00-50 resistance zone expect farther drop toward 113.60 Mid-Run: ...
After a double bottom and positive NFP report/rekt JPY, we could see a full reversal for this currency pair. Entry: 116.96 Stop: 116.72 Target 1: 117.9 Target 2: 118.6 A rise to over 121 is actually quite plausible in my opinion
The primary trend of USD/JPY is bearish on charts and price is trading below the trend line in its 4 hourly chart. In 4 hourly chart the price is below 200 day SMA and 50 day SMA indicating downtrend of the pair. It is having an important level of 116.80. If it breaks its trend-line (black line) on the downside and sustains below it then we can expect it to show...
Big time bullish divergence after a large dump on this pair. 4hour RSI indicates extremely oversold. Entry: 116.8 Targets: 117.4, 117.8, 118.3
Buy Limit 116.65 SL. 115.9 TP. 117 117.4 118.5 120
Watch my other char. I was waiting for a bigger pullback. Taking the risk now. Even thought it shot right through the 0.618 fib. I see this more as a stop hunt / Long squeez from people longing the top. Even if I get stopped out the risk reward ratio is just great moving my s/l as soon as possible to break even, If shit hits the fan I don't want to be part of...
Price appears to bouncing off of the lower bound of fib speed fan. Demarker and RSI indicate oversold. Waiting on bullish smi cross / demarker cross for confirmation. Initial target 121.043ish. Entry: 119.70 Stop: 119.48