USDJPY Analysis – Possible bullish short term break out
Usdjpy Analysis – It looks as if the bulls are attempting to wrestle through the 104-level with a tight corrective structure just underneath it and hinting a pre-breakout formation. faraway from a perfect setup, but a setup nonetheless. If they manage to break through i would say the area around 104.100-104.150 ought to be an area of interest wherever we might see the sellers take over for a day or 2 day.
In Another Point of View – Usdjpy Short recommendation on strong Resistance
Usdjpy trading around 103.92 where strong Resistance level and also looks top around 104.35 level. If hold below 104.5 we can see correction move till 102.8-102. so advice sell in rang of 103.90-104.5 sl above 104.8 TP1 102.8 TP2 102.
Last Update: FREE SIGNAL USDJPY H4 SETUP
NEW SIGNAL : The USDJPY is on nice supply h4 zone with formed BEOB, we looking for a short trade setup. Pair : USDJPY. H4 Trade setup : Short Entry at : 103.900 Take profit 1 : 101.828 ( 210 pips ) Take profit 2 : 100.300 ( 360 pips ) Take profit 3 : Stop loss : 104.500 ( 59 pips ) Risk reward : TP1 – 1:3,5 TP2 – 1:6,1 TP3 – Our risk : – Deep retrace entry on a PA bar = 1.5% risk Regards.