In my analysis I see usd yen short where the market touched the outside pitchfork line , as well from here this would be a great Risk to Reward to the TP provided
Hi everyone this is what i see at the moment USd yen looking like its going down to the target mentioned once this tp gets hit once that happens a reaction will take place how much that reaction will go up etc happy trading everyone Kris
Going to retest the resistance with keeping the support on the swing low. with DXY being bullish at the moment, this move is highly likely to happen.
at the moment I see the us market correcting down a bit more then heading up going a nice long if we hit that circle area AND RECIEVE THE FOLLOWING CONFIRMATION 1) HIGHER HIGH 2) CANDLE STICK INDICATING CHANGE IN DIRECTION 3) A BREAK UP THEN RETEST your friend Kris
This is what I see at the moment if this market breaks this channel its in then will need to wait for a correction then short this to first tp down
Hi everyone So currently I entered in this trade long. -stop los and tp is shown -my entry is shown I entered bc: - hit fib projection - hit pitchfork line twice ( outside line twice) - higher close 15min lets see what happens from here Kris www.mymentortv.com
from what I see this pair is going long with tps marked in orange overall good trade if you bought this pair at a good cheap level If not I would wait this out or buy into once we see some sort of correction take place regards kris www.mymentortv.com
I have seen many charts with Sell setup for this pair. I beg to disagree with them. Most of the reasons I have mentioned in the chart itself. The upmove has clear support of fib and the structure is showing lots of strenth. $index and $Yen have +ive correlation now. $ is bullish for this year, with minor retracement correction expect now. >> I think this is...
Good afternoon everyone okay looking at usd yen we are in a down trend is what it appears me , however here are a couple things I see : we are in a channel down : down trend now if this breaks this channel as I have shown I will wait for the retest along with putting the stop just below the previous lows as shown and go long or if this market reacts...
After breaking the Line at 4h chart a sell off should start. try to find a good short entry for nice profit (long term)
segnale di rottura della trendline sull'indicatore che sosteneva il trend rialzista Il segnale è embrionale ma atteso: dopo aver testato il 61,8% di ritracciamnto di tutto il movimento....here we are!
Taking a monthly view at this pair.
First time doing analysis on other pairs either than what im used to > USDZAR , EURZAR, GDPZAR...
Great opportunity to short usd/jpy for a long ride down. This is in correlation with USD weakness under trump presidency and also global indices calling for a huge correction on monthly charts. This analysis indicating a major sell off in USD. That could possibly be a geopolitical event maybe north korea/russia and US?? Its like the market predicting and...
Long USDJPY for targets 250 pips Targeting 112 zones as next targets Previous Ideas tagged in Bottom Related Links Thank You and Trade Safe Regards, Dipak Z
I still think that the dollar may appreciate against the yen. Sellside volume is declining as we get lower