JPYX is still in this downwards ranging market, we can see in the regression channel how we are are contracting in a sense on a higher frame. Now we seem to have created this triangle consolidation, with these gradual lower highs and this sturdy support forming underneath. We could look to trade a breakout of this pattern, this could be either up or down at this...
GBPJPY is falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target. Entry: 180.953 Why we like it: There is a pullback support level that aligns with the 50.0% Fibonacci retracement level Stop Loss: 179.634 Why we like it: There is a swing-low support that aligns below the 61.8% Fibonacci...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for #EURJPY. Which scenario do you think is more likely to happen? and Why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
We are seeing aggressive buying power as market structure is still maintaining to upside ==> Daily timeframe price action is above the EMA's and we see wonderful rejection in the area of liquidity as support zone ==> Price is now bounding between to upper and lower limit of the accumulation zone, now come confirmation of buy after a fakeout at the bottom for a...
The USD/JPY has been making waves in the market, soaring to unprecedented heights, with over 60 trillion dollar traded between January and September. Can you believe it? This is a monumental achievement! As a seasoned trader, you understand the significance of such a phenomenal trading volume. The yen's remarkable performance is a testament to its strength and...
-SL @ 150.00 🚫 SLO @ 148.90 (conservative) ⏳ SSO @ 146.75 (moderate) ⏳ TP1 @ 142.66 (shaving 25%) TP2 @ 139.15 (shaving 25%) TP3 @ 136.60 (shaving 25%) TP4 @ 132.60 (shaving 25%) TP5 @ 130.50 (closing ALL Sell Orders) BLO @ 129.33 (1D) ⏳ -SL @ 128.25 🚫 PA is hanging out in the Supply Zone. 📉 Hopefully, it wicks up to our SLO and tanks
USDJPY could fall towards a pullback support and potentially reverse from here to bounce higher towards our take profit target. Entry: 149.208 Why we like it: There is a pullback support level that aligns with the 38.2% Fibonacci retracement level Stop Loss: 148.519 Why we like it: There is a pullback support level that aligns with the 38.2% Fibonacci...
XAUJPY after sharply rising from the long term Lead-In trend line and Horizontal Support Level, is now currently testing the supply line of a local Right-Angled and Ascending Broadening Formation it has developed at the highs and seems to have completed an RSI BAMM and is now looking to do an impulsive move down. If the impulsive move down is great enough, we will...
After a test of a significant daily structure resistance, EURJPY retraced and formed a head and shoulders pattern on a 4H time frame. Before the market closed, the price violated its neckline and closed below that. It is an important sign of strength of the sellers. The pair may keep falling now to 156.7 support level. ❤️Please, support my work with like,...
I think that retail traders in the main are expecting this pair to crash from 150, I have been, and it may well do (as per my related idea below)... Commentators and past experience suggests that the BoJ will intervene around 150 to 151.5 because they have to, due to the debt relationship with the USA, they're stuck between a rock and a hard place. We all know...
AUDJPYis falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target. Entry: 95.140 Why we like it: There is a pullback support that aligns close to the 23.6% Fibonacci retracement level Stop Loss: 94.519 Why we like it: There is a pullback support that aligns close to the 50.0% Fibonacci retracement...
UDSJPY is rising towards a pullback resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 149.418 Why we like it: There is a pullback resistance level Stop Loss: 150.158 Why we like it: There is a swing-high resistance level Take Profit: 148.409 Why we like it: There is an overlap support level Please be...
AUD/JPY is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 95.141 which is an overlap support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 94.500 which is a level that sits under a pullback support and the 38.2% Fibonacci retracement level. Take profit is at 96.052 which...
USDJPY is going to test 150.500 level, Dollar is going to be stronger in next few days. After testing this level we will waiting price moves. Follow to see next signals
Price moved a lot higher to fill the overnight gap down. My idea yesterday became invalid but this gives me a better entry: Gap down suggests general direction and now the gap has been filled, supported by a pinbar on the 1hr I'm getting in short with a first TP at 156 (ultimately I think 154), but I think this could be the start of the reversal.
EUR/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 183.020 which is a pullback resistance level. Stop loss is at 184.550 which is a level that lies above a pullback resistance. Take profit is at 181.128 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. ...
USD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 149.414 which is a pullback resistance level. Stop loss is at 150.160 which is a swing-high resistance. Take profit is at 148.406 which is an overlap support that aligns close to the 38.2% Fibonacci retracement level. High Risk...
We saw some JPY strength last week and I think we could be starting to see reversal, however my confirmation of this will be below 93 support. Even though BoJ hasn't intervened yet, there was a lot of buying in the week which we saw against the USD, I still expect BoJ intervention soon. Nice pinbar rejection on the 4HR from my resistance block. Looking for a...