USDJPY - Jump On This Impulse! 🔥
In our last USDJPY analysis, we were waiting to SHORT from the very top where the ascending channel and parallel channel converged. We had a really nice bearish reversal there.
On the higher timeframe, we are at the start of the move and got a lot of room to move down. See below:
We are currently seeing a nice bear flag retracement. Anticipating a 61.8 fibonacci rejection and then move down for the next impulse.
Trade Idea:
- Watch for price to retrace back up to the 61.8 fibonacci
- Wait for bearish rejection and enter with stops above that level
First Target: 112.5 (180pips)
Second Target: 111.6 (260pips)
Third Target: 109.5 (500pips)
Swing Target: 105 (900pips)
Do you agree?
Previous USDJPY analysis:
On the higher timeframe, we are at the start of the move and got a lot of room to move down. See below:
We are currently seeing a nice bear flag retracement. Anticipating a 61.8 fibonacci rejection and then move down for the next impulse.
Trade Idea:
- Watch for price to retrace back up to the 61.8 fibonacci
- Wait for bearish rejection and enter with stops above that level
First Target: 112.5 (180pips)
Second Target: 111.6 (260pips)
Third Target: 109.5 (500pips)
Swing Target: 105 (900pips)
Do you agree?
Previous USDJPY analysis:
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.