In this chart we can see a long term bearish reversal in comming days. We will enter but after confirmation.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Still interested in short trades just not off the current level, Ill watch and see if price can make another failed push up and look for entry's around 115.600.
Looking for a rejection off the last supportive area that it broke at 115.700, a rejection from here would give a nice confirmation that we will get a decent sell off. BUT remember higher time frames we are still in a bullish market with this pair. If I get entry's my stop loss will be move very quickly to break even.
Very close to just entering some shorts positions but just remember how slow it will be the next couple days. Overall I'm looking for price to make its way back to 113.500 and hopefully even lower to 112.700.
Looking for shorts at current level of 114.400 to make its way back to 113.500 and possibly further.
Looking at a possible short trade from the resistance of 114.200, a weak yen still but evenly matched weak USD so we may get a bit of sideways movement out of this pair as we head to the end of the year.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Have just entered short trades on USDJPY from the resistance area of 114.200, looking at price to make a move back down to 113.500 and possibly long term even lower... Risking only 1% and taking 50% profit atlest at 113.500, and then letting the rest run at break even.
So USDJPY back to the consolidation range, REMEMBER this consolidation range is a long term daily resistance also, so shorts from 114.200 is what I'm hoping for but will still look at taking buys off the support of 113.500. Either way wait for price to show the signs from the levels and always take some profits, good luck!
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDJPY been slow over the last couple weeks consolidating at a major resistance area, but have now seen price slip off to the downside showing we could be in for a reversal or longer term pull back. All eyes will be on resistance area 113.500 that's where id ideally like to see a short from.
Still looking for some real moves with this pair aha.. 113.500 is the level to look for those buys but nothing at the moment is getting me to excited, patience with this one and hopefully something can give it a kick.
Will be looking for entry's on USDJPY very soon as I've seen some very nice price action forming. Looking at first target of 111.500 and depend on price momentum possible further upside continuation.
Looking at a next short area on USDJPY to hopefully continue the move down for longer term sell offs... like always MANAGE THAT RISK!! annnnnnd have a good week everyone! I will update when I can..