Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
A strong impulsive move that left an imbalance on the 15 Min after leaving behind some liquidity proves a valid bearish order block for a trend continuation trade. I've measured with the Fibonacci retracement, it aligns with the 61.8% level. As well as using the volume profile sentiment of recent price history. (Valid POC). Hence, price could potentially retrace...
USDJPY - 24h expiry The medium term bias remains bearish. Trading within the Channel formation. The sequence for trading is lower lows and highs. Risk/Reward would be poor to call a sell from current levels. Preferred trade is to sell into rallies. We look to Sell at 143.25 (stop at 143.85) Our profit targets will be 141.75 and 141.35 Resistance: 143.25...
#1 Risk 1% RR of 1:3 Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full...
USDJPY breaks out of a correction/a rising wedge after making a third touch of the upper part of an ascending channel, and formed a double top. 3 reversal signs.
Hello traders! ‼️ This is my perspective on USDJPY. Technical analysis: Here we are in a bearish market structure from 4H. timeframe perspective, so I am looking for short. I expect price to go a little bit higher to fulfill the imbalance and then to reject from trendline for another short opportunity. Fundamental news: This week on Friday will be released NFP...
Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
My bias for USDJPY is pro-trend, aiming for a bearish move within a nearby 10hr supply zone. Currently, I expect a bit more upside and a redistribution within my point of interest (POI). Upon confirmation of these factors and other confluences, I'm inclined to sell down towards the psychological level of 140.000. I am also anticipating a bullish reaction from the...
Looking for the close below the blue line via a 4h bearish engulfing candle to look for shorts
USDJPT M15 market structure is bearish , after taking the inducement market touch the order flow here I'm looking for sell after confirmation
USD/JPY Under Pressure: Dovish Fed Outlook and BoJ's Caution Fuel Bearish Momentum The USD/JPY pair continues to experience losses as the US Dollar (USD) weakens, influenced by the dovish outlook presented by the Federal Reserve (Fed) in the first quarter of 2024. The recent decline gained momentum on Friday, triggered by softer domestic consumer inflation data,...
Currently, with the recent reaction from the 22-hour demand zone, there's an expectation for a retracement towards a nearby supply to trade in line with the trend. At the current price, I'll wait for the small bullish reaction to lose steam in order for price to distribute. Once the Wyckoff distribution occurs on the lower time frame, accompanied by a CHOCH, I...
Hello Traders! As you can see, USDJPY H1 hit the price of 142.500 as expected in the previous analysis. A very good move from the resistance level until the OB from H4. Next, I expect a new WL to be set. Congrats to those who entered the trade! Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will...
OANDA:USDJPY The USDJPY exchange rate reacted negatively to the resistance area with the appearance of a bearish Pinbar reversal base. Perhaps the negative divergence reaction of RSI may have ended. We can execute a Sell order with stop loss and take profit based on support, resistance and Fibonacci retracement levels. Sell USDJPY at current price (143.9) Stop...
USDJPY breaks out of an ascending channel on the 1h TF which is bearish flag on the higher TF. Anticipating a continuation of the drop. Don't focus on the pattern, focus on the nature.
The Japanese Cabinet Office has forecast that CPI consumer inflation will increase to 3%. Early tomorrow morning, the market will receive CPI inflation data that has been higher than the BoJ's 2% target for more than a year, boosting expectations that the BoJ will pivot and support the rise of JPY.
USD-JPY - PREPARE YOUR SHORT! These are my keylevels for USDJPY on daily tf.
Can we break this downtrend or will we see a continuation on it. Lets wait and see, be patient. I think that the dollar is quite weak at this point and that we can see it fall further down, but first i think it can come to test the major downwards trendline before it weakens. At this point we have a good support at the fib level 0.618