USDJPY is following my ideas and is now entered to my triggered zone to start selling. My main target is 146.250. On H4 tf i can see a bearish divergence, that is now confirmed by another bearish divergence on smaller timeframes. I expect to see a beginning of the correction today, that should continue next week
USD/JPY M30 Triangle Breakout Signals Potential Downtrend
A bearish triangle pattern has emerged on the USD/JPY pair's M30 chart, hinting at a potential breakdown and further downward movement.
Key Points:
Pattern: The pair has been consolidating within a triangle formation, characterized by converging support and resistance lines. This often indicates a...
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** USDJPY Analysis - Listen to video!
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USD/JPY: Retests to kill momentum?
The USD/JPY experienced a notable surge from 144.50 as the week commenced, surpassing the 61.8% retracement level from the November-December downturn. It breached its 100-day MA, demonstrating a one-way move that resulted in a gain of 400 pips. Since the beginning of the year, the yen has incurred a loss exceeding 4%....
Hello Traders, here is the full analysis.
Short after the BULL RUN. GOOD LUCK! Great SELL opportunity USDJPY
I still did my best and this is the most likely count for me at the moment.
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USDJPY has gone higher than i was expecting. Honestly, my previous idea was wrong and the dollar rise more than expected. I still wait the drop, and now USDJPY has hit an important sell zone. 148-148.200 is a resistance area that also fit with the 1.618 level of the recent range. I expect a drop here till the level 146.000, Stoploss just above the 148.200 area, at...
Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. My point of interest for a long position is if price makes a retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 145.000.
Like,...
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1.) end of monthly pullback
2.) 2 weekly wicks rejections
3.) weekly 0.5 fib. level
4.) daily a lot of divergence pressure
5.) building daily liq.
6.) 4h divergence
7.) failed for 4h higher high
Now you can also see my entry model with sell and buy areas and minor levels to enter the trades.
Entry Model
H4 - Bearish trend pattern followed by a potential correction.
Bearish divergence.
Until the two key resistance zones hold my short term view remains bearish here.
A valid breakout below the most recent uptrend line would be the validation for this short term bearish view.
After strong bearish breakout, USDJPY firms a wedge under his broken channel and has chance to goes down again.
On my view, its nice pullback and loss of momentum in this area can push price lower.
Trade safe.
Good luck.
USDJPY (H1)A bearish candlestick pattern may appear at the current price area
Sell stop at 145.706 (When the candlestick pattern forms)
Stop loss at 146.006
Take Profit 1 at 145.397 (Fibonacci 0.5)
Take Profit 2 at 144.894 (front of Fibonacci 0.236)
Note on capital management 2%
USDJYPY is looking bearish in 15 MTF.
This is my trade setup with straight targets and simple SL above the trendline.
Manage your trade accordiingly.
DYOR
OANDA:USDJPY USDJPY (H4) There were reaction signals after RSI divergence appears
Sell now at 145.240
Stop loss at 145.601
Take Profit 1 at 144.485
Take Profit 1 at 143.643
Setup looks pretty clean for me on USDJPY. 145.750 is a good entry point for a short, considering the resistance area and the retest of the trendline. R:R looks good also, waiting for the trigger
This is the Idea for USDJPY Short position , I know nothing about Forex ;)
would you please help me to learn it by your kind and experiences
this Idea is wrong or write ?
This pair is still looking bearish and with USD weakness and JPY potential strength, this one of my preferred setups, However in order to validate the entry I will need to see 4h Close, forming a lower low below blue line
