Potential MMBM in formation. Hope it gets played out
hello everyone, price has reached the support level, the price will likely go in correction for the bearish downtrend... however with upcoming news the price may hit up to tp2 and tp3... so high volatility is expected. No confirmation if the price is bullish.. look for a proper breakout good luck.
Trading is tough when you're juggling a 9-5 job and trying to make it full time. With my strategy you can take a trade and wait a week and make 6% with only monitoring every few hours or so. What we have here is a clear uptrend, with a high volume order block which is isolated to one period of time meaning a whole lot of orders were created. We had a strong push...
SLO2 @ 151.40 ⏳ (Range up to 151.43 - DCA from SLO1) SLO1 @ 151.13 ⏳ SSO1 @ 150.66 ⏳ TP1 @ 143.538 TP2a @ 142.85 (secret TP) TP2 @ 136.664 TP3 @ 132.161 TP4 @ 129.25 BLO1 @ 129.00 ⏳ BLO2 @ 128.45 ⏳ 🔑 BLO = BUY LIMIT ORDER ITF = INTERMEDIATE TIME FRAME SLO = SELL LIMIT ORDER TP = TAKE PROFIT Intermediate time frames (4 hours to 6 day): — Offer a...
LONG SELLING USDJPY idea because it reaching up next week on the resistance i've marked three supply zone for the supply where i exepected its to occur
USD/JPY reached its all-time high back on November 13th but lost around -7.27% within two months. Despite the high volatility in the dollar, the Japanese yen couldn't reach or break the lower high level around 150.91., WHATS NEXT ?? IS IT GONNA REACH BACK AGAIN THE LAST ALL TIME HIGH,?
USD/JPY pair, we might notice a potential resistance level forming around 149.185. A break above this level could indicate bullish momentum, with the next significant resistance possibly around 149.500. However, if the market fails to break above 149.185, we might see a reversion to the downside, possibly targeting support levels such as 148.127. If you like...
The Japanese yen has taken a tumble on Tuesday. In the North American session, USD/JPY is trading at 150.67, up 1.02%. The Bank of Japan hiked interest rates for the first time since 2007 at today’s meeting and also abolished the yield control curve to target interest rate at specific levels. There was a strong possibility that the BoJ might wait until April to...
Entered the trade yesterday. Trade still active. It reached my initial TP level. I've adjusted my SL and, at least for the moment, will let it ride with momentum. Trading with the HH/HL on D chart. 1D: 1W:
USDJPY pushing up nicely as expected from the analysis I posted🦾 Another 460 PIPS gain left to catch, towards our $153.300 target.
USDJPY buy position now running 350 PIPS in profit. 50% of the move has pretty much been completed, with 50% upside left. Move SL to breakeven if you haven't already.
USDJPY how did you do the analysis ? 1- general trenline 2- zone support 3-rsi zone
USDJPY idea long position analysis 1hr Pair :USDJPY Position : LONG (BUY ) Entry1 : 148.950 STOP LOSS @ 148.650 TP 1 @ 149.250 TP 2@ 149.550 TP 3 @ open ( Trailing SL ) confirmations entry position 1-rejection zone 2- rsi zone
The USDJPY currency pair is currently exhibiting a bullish trend, suggesting that the value of the US dollar is strengthening relative to the Japanese yen in the foreign exchange market. This upward movement may be driven by various factors such as positive economic data, market sentiment, or geopolitical events favoring the US dollar over the yen. Traders and...
The USD/JPY pair is forming a symmetrical triangle on its weekly chart, indicating a period of market consolidation. Traders are closely watching for a breakout above the upper trendline, currently at 150.552. If this breakout occurs and is sustained, it could lead to a bullish rally towards the 176 level. However, caution and confirmation are advised before...
Following a raft of mixed messages from the Bank of Japan (BoJ) and stronger-than-expected wage negotiations for corporate Japan, the central bank stepped up overnight and ended eight years of negative interest rate policy (NIRP) as well as putting a cap on yield curve control (YCC). The BoJ raised its Policy Rate by 10bps for the first time in nearly two decades,...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Hello everyone, this is the new strategy I'm discussing for USDJPY! It can be seen that USDJPY has undergone significant fluctuations yesterday, with prices surpassing 149.00 and remaining stable at this level. It is currently trading at a new high of 150.25, after reaching 140.50, marking a 0.75% increase for the day. So, what are the reasons and factors driving...