Japanese Yen, is it now to correct the bull move?All major pairs beat Japanese Yen for weeks, very strong bull move. Not to mention the USD. NOW, with an exception of USDJPY, is it now to do the correction. This week signals for the correction, 4H swing low have been taken (EURJPY, CADJPY, AUDJPY) and need confirmation next week, when bull re-testing this week high. The moment of truth :)
If bull fails, this would be interesting. Embrace the mighty bear's move. It is very likely the bearish move would mirror the bull move, STRONG AND LONG bars.
Jpypips
GBP/JPY 06/22/20 POSSIBLE BUY Looking for BREAK above RECENT HIGH . I have BUY STOP AT 133.885 SL: 133.760 and TP: 134.135. 12.5 pip SL and 25 PIP TP for a 1:2 RISK TO REWARD. Manage RISK to your level. Check out my YouTube at NOEFXX.
USD/JPY 06/18/20 POSSIBLE BUYWaiting for break out range.I am looking for a break above 107.500 area. I will be looking for a break and retest. I have a BUY STOP in place at 107.622. 12.5 PIP STOP 25 PIP TP Check out my YOUTUBE PAPICHULONOE. Feedback would be appreciated.
USDJPY FULL ANALYSISUSDJPY FULL ANALYSIS
Yesterday's bearish breakout of a 108.6 is a very important clue to consider!
The market has perfectly retested the broken structure and showed a clear bearish reaction to that.
Based on that we can expect further bearish continuation to lower levels of structure.
For targets aim at 107.8 / 107.2
Good luck!
USDJPY Breaking above 109.50The 109.50 is a major level for USDJPY and price is currently breaking out of this zone. 190.50 has been a major level of resistance dating back to june of this year.
Observe the daily timeframe on the pair, the previous 2 candlesticks mark indecision, so now there is a place for the market to make it's move. Given sustained momentum past even 110.00 I would like to see the pair move up to 112.00 hopefully by the end of the year.
SL is around 109.30 with take profit open, eyeing at 112.00 in the long run.
USDJPY GREAT SETUP SO FAR THIS WEEKWe took a short on USDJPY before NFP on friday in our trading room, however I think the NFP move is not a good indicator of the bigger picture. This is a swing trade.
USDJPY SHORT SWING TRADE SELL OFFUsd/Jpy Daily - Price under trend line, fib and structured resistance. Good sell opportunity for 500-600 pips. This correlated well with Usd index weakness technically.
GBPJPY - ShortGeneral price decline on the GJ. Broke through previous key level 140 and retraced to retest 140.3 (and failed). Looking at a continued decline down to 2017 support @ around 137.
Cad/Jpy Heading along way downYesterday broke daily trend line. Target 85 and 82 in extension. Set top loss at 88.65 Excellent profit to loss ratio
Good Luck
Up up for USDJPY
It's a little bit late for entry, but incase price return back, try to enter.
Fibonacci cycle for previous one already fulfil its requirement.
Awesome Oscillator divergence already signal of reversal.
Optimum Take Profit is 2. IF ! break TP 2, it will go TP 3, which I'm confidence it will.
Best of luck. Happy greenpips.
fueledbydoodle
USDJPY SHORTUSDJPY ABCD PATTERN IN PROGRESS THE NFP REALLY HELPED THIS MOVE I STILL THINK THIS HAS A FEW MORE DAYS TO DROP AND MAY HIT THE D EXTENSION
usdjpy looking to 144240usdjpy looking to 144240 after residence in 113.283
i think that now to go long with tp 114.00 - 114.230
after we will see if theirs any broke we will go throw long agine with new candle in st/ price of last candle opening
tp/ must be with febo line
