Trade Plan
Series of HH and HL and then
new lower low and failed to
produce new HH Entry Near Lower High
Buy Call
Entry Price : 136.255
Stop Loss : 136.956
Target 1 : 134.885
Target 2 : 135.577
Usdjpyready to reversal are you ready ? market break the demand zone ralley base ralley and make supply zone so we expect market pullback we will sell from supply zone .wait for retest the supply zonen
This USDJPY rally has been incredible. Thousand pips since March 2022. Anyway if I have NO position and what would I do this market?
1. If the market keeps rallying I would try to short whenever market near the upper chanel of my paralel trend chanel.
2. Let's say the market reverse downward I am going to look for confirmation to enter sell.
Personally the...
Japanese yen became strong enough against the USD after the CPI report was released. Though the price index increased, it seemed not manageable, and the USD fell apart against all the major pairs.
USD/JPY is hovering nearly the trendline support zone. 114.40/35 is immediate and trendline support; after breaking below 114.40/35 USD/JPY may drop more nearly 113.32...
USD/JPY bounced off the one-week top yesterday and stayed firmer around its intraday high of late. This week, we've seen another missile test from North Korea, which may lead to further sanctions being put in place by the US.
We also saw Fed Chair Powell testify at a hearing about economics and potential new measures to fight Omicron (a related virus). All this...
Hi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the condition of the strategies are satisfied. Press like button to support this video and let me know in the comment section if you have any questions.
Salam and hi my name is Khalid Hamid. USD Index is showing a reversal, thus USD pairs might go down too (including USDJPY).
Early sign is there but still need to wait for a STRONG BREAKOUT signal to the downside.
Watch the video to understand. ;-)
Tomorrow is NFP and few other high impact data release so please be careful with your trades.
Good luck and...
Resistance tested as support and a buy signal (hammer) has printed.
I am buying @ market price 111.379 with
TP @ 111.986 and
SL @ 111.059
Stop just below the support and take profit at the resistance level
Hello Traders,
My focus pair today is USDJPY and while the Yen seems to be gaining ground as the chart shows, I expect prices to possibly rebound and edge higher in the coming days. These are my reasons. In the weekly chart, stochastics are turning from deep the oversold territory and we have that clear buy signals and higher highs which begun from late March...
