Sell below 113.95. Stop loss at 114.95. Take profit at 112.56. Reason for the trading strategy (technically): We remain bearish below 113.95 resistance (Fibonacci retracement, horizontal resistance) for a drop down to 112.56 support (Fibonacci retracement, horizontal overlap support). Stochastic (21,5,3) is seeing strong resistance below the 94% level.
Buy above 112.60. Stop loss at 111.35. Take profit at 115.30. Reason for the trading strategy: USDJPY has bounced nicely off our support at 111.35 previously. We now remain bullish above 112.60 support (Fibonacci retracement, horizontal overlap support) for a further push up to 115.31 resistance (Fibonacci retracement, horizontal overlap resistance). RSI (34)...
Hey traders, one of my entry techniques that i use the most. It is an harmonic pattern called Bat and it's about to complete. Make sure your stops are above X, and targets at the .382 and .618 of AD leg. Good luck! If you have any question, feel free to comment below. Otherwise, see you in the next chart!
Buy above 111.35. Stop loss at 110.10. Take profit at 113.15. Reason for the trading strategy (technically): We remain bullish above 111.35 support (major Fibonacci retracement, horizontal overlap support, Fibonacci projection) for a push up to at least 113.15 resistance (Fibonacci retracement, swing high resistance). Stochastic (21,5,3) is seeing strong support...
Take Entry @ 112.40 Take Profit @ 110.74 Stop Loss @ 117.50 Best of Luck !!
Short Usdjpy now at 112.50 or 112.65 for targets 112.10 111.50
Buy above 111.35. Stop loss at 110.10. Take profit at 113.15. Reason for the trading strategy (technically): We buy one last time above 111.35 support (major Fibonacci retracement, horizontal overlap support, Fibonacci projection) for a push up to at least 113.15 resistance (Fibonacci retracement, swing high resistance). Stochastic (21,5,3) is seeing strong...
Usdjpy recently Broke the structure from 115.20 to 112.70, Currently taking support around 38.2% fibs Levels. Any break at 111.98 level will give lead it to 61.8% fibs level (pullback can be around 50.0% fibs level) I am looking it to Pre-Election levels. i.e 107-109
Buy above 112.55. Stop loss at 112.00. Take profit at 114.00. Reason for the trading strategy (technically): We remain bullish above major support at 112.55 (Fibonacci projection, multiple horizontal swing low supports) and we expect to see price make a bounce above this level towards 114.00 resistance (Fibonacci retracement, recent swing high resistance,...
Buy above 112.55. Stop loss at 112.00. Take profit at 114.00. Reason for the trading strategy (technically): Price bounced nicely and reached our profit target before retracing strongly. We remain bullish above major support at 112.55 (Fibonacci projection, multiple horizontal swing low supports) and we expect to see price make a bounce above this level towards...
on a break of 113.20 a long position could be possible. The next major resistance is at 113.75
looking for a break out of the channel at 115.8, a retest and continued bullish move.
112.867 marks the 50MA and 50% retracement of the 2015-2016 decline, moving from previous resistance to future support Trumps conference yesterday due to focus on fiscal side caused a sell off in usd, prepare positions for the next leg. Please see related ideas to see accuracy in this pair, best of luck and please thumbs up!
2 different possibilites. a test and break fail at the 113.15 zone which would send UJ bullish up to the 114.3 zone or a break below 113 with a retest from the bottom side and a bearish move down to 112. For a short position you will want to see a break of the trend line on momentum as well which would open up the bottom side for a nice 100 pip short position.
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... more detailed stats (all 21 Major Cross-Rates) of 1st week 2017 @ my GOOGLE Drive drive.google.com Best regards :) Aaron
USDJPY Trendline+Moving avg+Wyckoff+VSA No Demand
Read my last UJ post for more details - support is gone now and 114.75 is in sight. The longer term should go much lower from here. If you missed an entry on this pair, wait for a pullback near support (now resistance) and enter your short. Expect a choppy trade, but it should go much lower. DO NOT forget about NFP.