Buy above 111.35. Stop loss at 110.10. Take profit at 113.15. Reason for the trading strategy (technically): We remain bullish above 111.35 support (major Fibonacci retracement, horizontal overlap support, Fibonacci projection) for a push up to at least 113.15 resistance (Fibonacci retracement, swing high resistance). Stochastic (21,5,3) is seeing strong support...
So... Seems, it's starting Main C wave or we're still in corrective B wave... That's all.
LONG IDEA TP 1 = 115.00 TP 2 = 115.70 TP 3 = 116.60
Previous Update EURUSD- Hammered 750 pips USDJPY- 1000 pips- Upside
Guys , I share my secret strategy with you , You buy at 101.50 to 101.90 area , , 1st tp is 106.80 , When it retrace to 104.30 or 104.50 level again buy opportunity and Tp 2 is 111.00, SL IS 99.90, it`s long term trade Remember Patience is the key to success
Can easily run up to 115.5. As always, will be watching price action closely.
USDJPY October 24 Outlook and weekly forex analysis As we can see, descending triangle pattern already perform since last October 12 on USD/JPY, as long as this pattern not break, play inside this pattern will be a perfect idea. In short position, stoploss above pattern resistance, and in long position stoploss below support level - if the pattern break down,...
Lovely time to get short on this pair, yen helicopter money ruled out and the buildup ahead of FOMC this week will both aid in this cocktail of strength for yen pairs. All eyes on BOJ towards the end of this week with their interest rate decision. Thank you for all the kind comments, I am humbled by your response - Please support with a like and comment! Trade...
Based on AB=CD pattern , Time Ratio & Gann Analysis. This is a potential trade for at-least 6400 Pips! This trade has a complete structure and every single move will earn you Huge Pips. I have tried to mark the best entry points for both sides (Short & Long). If you follow this trade properly , this single trade will be enough for a year :) I have also...
We wish that our precise signals could be favourable on your trades. Its an update for USD/JPY, Forecast for PRICE BREAKOUT, BUY on 100.579 and place your TARGET at 100.779
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here is my take on this pair on 3 different time frames : Monthly : We hit a major trend line dating back to 2002. Considering this pair has been a bull since 2012. what we see here is basically a pull back that took place from 1/7/15 till today. if by any chance we break the trend line, then this pair shall be officially bearish and may go back to 2012 low''s....
We hope that our analysis can help you in your trading. This is an update for USD/JPY, it is predicting for PRICE BREAKOUT. It would be a great idea to SELL on 101.516 and place your TARGET at 101.266
We wish that our precise signals could be favourable on your trades. Its an update for USD/JPY, Forecast for PRICE BREAKOUT, SELL on 104.585 and place your TARGET at 104.385