BUY/LONG ZONE (GREEN): 161.550 - 166.700 DO NOT TRADE/DNT ZONE (WHITE): 159.750 - 161.550 SELL/SHORT ZONE (RED): 155.710 - 159.750 Monthly: Bullish Weekly: Bullish Daily: Bullish 4H: Bullish Previous bearish trend has been labeled along with the DNT area and the initial bullish zone that price broke into to flip the trend. Currently price is onto the next...
Have a trade floating open on EJ currently I'd like to explain why I took this trade I have 5 questions I needed to get answered, they are as follows Question 1 - Is EURJPY in momentum (bullish or bearish)? Question 2 - Who is interested (at this time)? Question 3 - Where are their stop losses? Question 4 - Have those stop losses been taken out? Question 5 -...
overall directional bias for EJ on bigger TF is long but for now I'm just waiting to see how price would react to 142.930 which is area of support. Overall, I'm eyeing on rebound and areas which are highlighted.
Hi Traders, The top trend line of the parallel channel had been tested multiple times. Expecting price to break above reaching 145.9. Target price: 145.9 Thank you. Trade Safe
EJ was shorting for most of the week. I believe it ended the week by collecting enough liquidity which lead to the break in structure and a continue to the upside. This is a trade idea.
EURJPY on Friday session has successfully bounced again from significant support - together with 4H 200 moving average. Further bullish sign that we closed above 4H 50 as well. Expecting a pullback on lower timeframes then entering a position targeting 147.800 then the 149.300 range with significant resistance.
Looking to BUY EJ in BUY AREAS and targeting TP AREA for a potential 200PIP catch! Trade will be executed on signs of reversal. DO not execute BUYS if price breaks through buy area 2 with strong bearish momentum Trade Safe
Entry on 1h, 30m gave a nice confirmation Candle. Trend: Bullish Price Rejection on Support
Possible EJ long from here, look out for market areas. Trade with caution.
Hello Traders!! I have analyzed EURJPY and this is my opinion -My technical analysis indicates a possible bullish setup -The risk to reward on this trade is 1:2 -It is closely related with GBPJPY which is currently BULLISH ⚡️Exercise Good risk management⚡️ ⚡️Split your position so you can take partials as the move progresses⚡️ ⚡️Updates will be added on this...
I forcast EJ to push higher now that we have broken the bearish channel. This was also confirmed with divergence. We could still see EJ make a final push lower before heading up so keep this in mind. My idea will be invalidated if price breaks below my trendline and heads lower on HTF
Am in this trade already. my target is below 50% fib retracement. My risk appetite is weak since BTCUSD crumbled some chunk of my weekend profits. Market decides. Wish me luck!!
Looking to target TP Areas from Buy Zone - Strong break above TP Area 1, target TP Area 2 (30+ PIPS) Trade at your own risk!
EJ last week didn't perform as well. Perhaps it's making a comeback now, after testing certain resistance areas to see how far it can break the line. So far, we are back on the buy trend. If you'd like to participate in this trade idea, please use proper risk management.
Hello Traders and welcome to out channel. This is out thought process for this specific analasys. If you like this idea please support it with a like so we can keep posting more content like this. If you have any additional questions let us know in the comments and we will provide you with the answer! SharkFx wish you a successful trading week!