CHECK PREVIOUS POST on April 29. The overall trend is bullish. looking to go long at the mitigation of the 1hr ob.
Today gonna be watching out for the ninja. Overall Bullish bias so will be waiting for a sweep of the Asian accumulation and hope to get an entry inside the discount PD array and the buy side imbalance sell side inefficiency. Better Stops after we get an entry. Targets will be on the daily highs. NB: haba na haba hujaza kibaba
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Price is rising towards a resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci projection and could potentially reverse from this level to our take profit. Entry: 156.58 Why we like it: There is a pullback resistance level which lines up with the 61.8% Fibonacci projection. Stop loss: 158.25 Why we like it: There is a pullback...
Market trend is down so I think this week falling the price so let's see the market what happened guys
Dear Traders, it seems correction finished, and we will have rally to LL i expect price start downward movement to 147 , what you think about my idea? regards, Alireza!
USDJPY has been on an uptrend the last 2 weeks but am seeing two possible case scenarios, if price touches 157.937 area we look for sells if price respects it.But if we go down ill look for buys at 154.101
Preferred direction: SELL Comment: The Japanese yen , like the franc in the past, perfectly worked out all our previous trading ideas. Sell-priority for the American currency remains, and at the same time, for the USDJPY currency pair we also expect a fall to the level of 153.222 . Here we consider two scenarios. Scenario №1 involves shorting from the...
The absence of currency intervention will change the divergence of monetary policy towards the US dollar By examining the trend in the four-hour time frame, USD/YEN, while maintaining the important support interval in the range of 154.33-153.74, can increase to the resistance range of the ceiling of the ascending channel in the range of 161.30-160.21.
USDJPY is neutral on its 1D technical outlook (RSI = 53.858, MACD = 0.730, ADX = 52.633) and is rebounding after almost the second 1D MA50 test in 2 weeks. The pair is capitalizing on the bullish momentum of the 1 year Channel Up but this rebound could be the last before a correction, as the price is very close to the HH top trendline. Our goal is still that top...
USDJPY - SELL (DONT MISS THIS TRADE) 157.00 is a good level to loo for sell, or it can go above by wick and drop harder 600pip+ if you u got the sell setups on this levels dont miss them, also risk small and use SL V.Ragu
Looking for a buy opportunity. Reason to Buy: 1. waiting for a breakout and retest of downtrend line 2. making 'W' pattern in 5 and 15 minute chart. Use proper risk management. Thank you
Please, check our technical outlook for USDJPY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 156.444. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 160.958 level. P.S The term oversold refers to a...
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 155.80, which is an overlap resistance Our take profit will be at 153.36, an overlap support The stop loss will be placed at 157.93, which is a swing high resistance High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not...
#USDJPY EASYMARKETS:USDJPY Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no...
A possible drop on this pair, Mornitor the zone on daily and see if there's a possible drop from that area
Looking for a sell opportunity, if it break the support line and trendline. Waiting for a breakout and retest, then i will again enter into the sell trade. Use proper risk management. Thank you
Wait for the stop hunt, there will definitely be a wick. Goodluck #1Boy