This idea is VERY SPECIFIC (and simplified) in that: Price has tested and closed (this past week) below a very important Daily Resistance Price = 119.322 Resistance Price 119.322 has corresponding Supporting Price at 116.488. This idea remains valid only if downside Rejection at 119.322 sustains-- Meaning, price in time will drop to Support 116.488 for tests--...
Possible short setup based on BBMA consolidation lets see what happens
my latest analysis on USDJPY just broke my SL . let's see if it gonna go down or not . this time short term target will be that OB . . This is Not Financial Advice . 🧅JUST AN OPINION OF THE ONION.🧅
usdjpy at resistance area Shortup Sell at 128 Tp1 125.2 Tp2 121.4 SL 129.4
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We broke past the previous resistance after the market retest likely to go lower.
💹USD/JPY ⏬SELL STOP @ 115.095 ((Scalping Trade)) ✅TP-1# 114.873 ✅TP-2# 114.650 ⛔️SL 115.414 N.B- MUST USE SL BECAUSE ITS WAVE CORRECTION ENTRY AND DOLLAR HIGHLY STRONG.PLZ! FOCUS TP1. AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel...
The US dollar initially rallied last week to reach towards the ¥115 level. That is an area that is a large, round, psychologically significant figure, and now it looks like we are ready to continue breaking down in the short term. The ¥112.50 level underneath could be a potential support level, and perhaps a potential target. At this point, we will continue to...
We see a strong supply at 115.256 . Hope we will get a strong sell opportuinity.
Previous update on analysis quoted reason for executed Short 116.183 Entry. Though 4Hr timeframe slightly differs, Daily has Three price-action prices for Take-profits on running Short. ie 114.442 | 114.242 | 113.991 Reasons: 112.645 | 114.242 zone is previous Support/Resistance zone likely to see Retest. 114.442 and 113.991 respectively, are 0.5% and 0.618...
The USD/JPY currency pair made its highest weekly close in 5 years for the third week running, but the candlestick formed is a pin candlestick which looks only weakly bullish, if at all. We do see a strong bullish trend, but the souring of risk sentiment last week had the effect of boosting the Japanese yen, so I do not want to go long here until we see a daily...
Sell zone: 113.667-114.395 Target 1: 110.626 Target: 109.155 Stop: 115.569 Good luck and safe trade.
LONG: 110.684 | 111.896 ZONE LONG MINIMUM TARGET 113.712 USE CONFIRMATIONS!!!!!! SHORT ENTRY ZONE 114.688 | 115.354 SHORT TARGET 112.259 | 110.684 ZONE Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Comment, Follow, (...) Thank you. Happy Trading and Happy Holidays.
When it comes to USDJPY , a while ago, we've seen a strong impulse to the upside. And got rejected from a resistance. Right now price is staying near a supply zone as well. We also seen a multiple rejection from that area as well, which clearly shows the selling strength. Looks like there aren't many support areas till S1. So you could start booking profit from...
I tried to make everything self explanatory in the chart
It seems the price of USDJPY is entering the SELL AREA. If the analysis running well, we may see it going to drop to 112.530-111.715. Saya melihat potensi pergerakan USDJPY sedang memasuki AREA SELL. Setelah itu, harga mungkin akan turun ke kisaran 112.530-111.75. SL = stop loss TP = take profit / target Disclaimer On OANDA:USDJPY #USDJPY
Its that time of the year. USDJPY Short. The zone has been hit once. We are trying for a re-entry of that zone. Entry 113.080-113.300 Stop 113.400 T1 - 112.345 T2 - 111.553 We might not get there the way things are going but we are going to try to entry the momentum . Short term trade / Daily.