USDJPY - Intraday - We look to Sell at 105.97 (stop at 106.32)
The rally was sold and the dip bought resulting in mild net losses yesterday. Trading within a Bearish Channel formation. The trend of lower lows is located at 105.38. There is no clear indication that the downward move is coming to an end. Further downside is expected although we prefer to set shorts...
Here we have an interesting setup on USDJPY pair. This pair is about to complete the last part of XABCD pattern. It has followed everything perfectly up until this point and are expecting to complete the last D stop. I've gone short in the anticipation that it should complete the last stop without much fuss with a very tight stop loss. My tp is where...
USDJPY - Intraday - We look to Sell at 108.10 (stop at 108.40)
Levels close to the 61.8% pullback level of 107.60 found buyers. Buying posted in Asia. Price action has formed a bullish ending wedge formation. The trend of lower highs is located at 108.49. The rally has posted an exhaustion count on the intraday...
USDJPY - Intraday - We look to Sell at 108.00 (stop at 108.30)
Posted Mixed Daily results for the last 3 days. Selling posted in Asia. Previous support level of 107.81 broken. The AB=CD formation target is located at 107.20. We have a 78.6% Fibonacci pullback level of 107.24 from 106.77 to 108.99. There is scope...
After what seemed to be a bullish reversal for UJ, the third impulse within this channel performed far worse than expected, now falling below this trendline we can identify this as a correction for continuation. Looking to target 105 area in the long run but we shouldn't be too greedy...
4hr: Price retracing back into a resistance level
1hr: Price decelerating at this level and a series of rejection candles forming
5min: We can see price making a double top at R1 with huge divergence on the MACD
Looking for a retest of the 1hr 50ema as a target. Small day trade opportunity
Good luck in the markets.
...And no i dont mean my wife, or do i haha.
This trade is going to hell to dance with the devil, i have been waiting ages for price to break a daily level... and finally it has.
Bears normally like it cold but not these bears as they are taking price down to see Satan ( and no im still not talking about my wife ) its a good job she is not on trading view...