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Usdjpylong

Don't miss the great SEE Opportunity in USDJPYYour chart is a 4-hour time frame for the USD/JPY currency pair. Here's an analysis based on the information presented: Downtrend Channel: The pair has been in a downtrend, indicated by the descending channel marked with red trendlines. Following this channel, the price has consistently made lower highs and lower lows. Breakout: The price appears to have broken out of the downtrend channel, which is often a bullish signal. This breakout is usually followed by a retest of the previous resistance (now potentially support), which seems to be happening at the moment. Bullish Projection: The chart shows an upward arrow indicating a bullish move, projecting a rise in price towards the 152.014 level. This projection is supported by the breakout of the channel, suggesting that the price might move higher, potentially to retest previous highs or levels around 152.014. Support Zone: The shaded area below the current price action could be the support zone, where the market might find buying interest. If the price stays above this zone, the bullish outlook remains valid. Key Levels: Immediate Support: Around 144.000. Immediate Resistance: Near 152.014, the projected target. Potential Bullish Target: Around the 152.014 level. Conclusion: The breakout from the downtrend channel suggests a possible bullish reversal. If the price maintains above the support zone, the USD/JPY pair might move towards the 152.014 target. However, always consider fundamental factors and market conditions before making trading decisions.
Long
by forexcitysignal
3
USDJPY "The Gopher" Bearish Robbery Plan on Short sideMy Dear Robbers / Traders, This is our master plan to Heist USDJPY market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing High using 4h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Short
by Thief_Trader
$USDJPY | Buy Trade | Market Exec | Technical Confluences: - Price has been trying to consolidate at these prices - Prices have bounced off the Interest Zone but will face Resistance Trendlines and interest zones above Fundamental Confluences: - Similarly, like the earlier FX:USDCHF post - Market seems to have overdone their expectation of many rate cuts and based on how FED normally reacts, they are more reactive than pre-emptive. - In that sense, the Jackson Hole event this Friday may disappoint markets if Powell sticks to his affirmation that Sept cut is highly likely but any other cuts will remain data-dependent (If I'm wrong, then we will cut it if it breaks the 2024 low) ----- Taking on a short punt on the FX:USDJPY long trade before Jackson Hole event. It will be a digital event trade. Make or break. -----
Long
by weekendanalyst
BUY TRADE ON USDJPYUSDJPY in a Potential Uptrend The price broke out of a strong resistance zone and turned support multiple times. The price is developing, and I am waiting for a break above the resistance to go LONG. Alternatively, if the price breaks below support, then there will be an opportunity to go SHORT if the broken support is retested and used ad resistance. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Long
by Adefxc
Cup & Handle Pattern Emerges: Seizing Opportunity with CautionDirectly above, a chart lays out its own narrative—a discernible Cup & Handle pattern. With this formation in place, I am inclined to position for a bullish endeavor, with an initial target set at 150.00. It's crucial, however, to exercise prudence and refrain from sizing up your trades excessively, which could amplify risk. A more advisable approach involves fragmenting your entry and establishing a stop loss set at 1-week closure below 138.00. As this undertaking warrants a degree of patience, given its nature as a swing trade, rest assured that I will closely monitor developments and provide updates as needed. Wishing you profitable endeavors,
Long
by Eymen-GUVEN
USDJPY "Gopher" Bank Bullish Money heist PlanMy Dear Robbers / Traders, This is our master plan to Heist USDJPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing Low using 30m timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
Long
by Thief_Trader
UsdJpy could test 157,50 zone (250 pips rise)After an impressive 1000-pip drop in two weeks, USD/JPY reversed precisely from an old resistance level, now support at 152. At this point, we also see a higher low in place, and bulls seem determined to recover lost ground. In the overall trend, the 1000-pip drop is merely a correction and even if there will be a new leg down toward the important 150 level, a test of the 157.50 zone is probable. I remain bullish as long as the 152.80-153.00 zone holds intact. Buying dips below 154 could be a good strategy with a risk-reward ratio of more than 1:3.
Long
by Mihai_Iacob
2