EJ will have one last stab at liquidity region (fulfilling fib retracement) before fall.
Hey tradomaniacs, welcome to another free trade-plan . Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation. Market-Sell: 121,400 Stop-Loss: 122,650 Target 1: 120,000 Target 2: 119,370 Target 3: 118,535 Stop-Loss: 125 pips Risk: 1% Risk-Reward: 2,40 LEAVE A LIKE AND A COMMENT - I appreciate every...
Hey tradomaniacs, EUR/JPY is currently fighting at very crucial price-area. This potential breakout could cause a continuation to the downside as soon as the marked up key-support-area is broken. Key-Levels are also marked up in the monthly and weekly- chart below. LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good...
Hey tradomaniacs, welcome to another free trade-plan . Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation. Market-Sell: 119,585 Stop-Loss: 120,100 Target 1: 118,920 Target 2: 118,500 Target 3: 118,190 Stop-Loss: 51,5 pips Risk: 1% Risk-Reward: 2,65 LEAVE A LIKE AND A COMMENT - I appreciate every...
WAITING FOR A CLEAR BREAKOUT , M FORMATION FORMING ON THE LOWER TIME FRAME.
with the unemployment rates coming out for JPY I believe this pair will DIP down to this 116.950 levels EURO just saw a upswing with a weak DXY yesterday however I am of strong influence that EJ will sink in favor of yen safe haven. IF I am wrong I have posted the high of 121.0 which would be hit if EJ flys because of a weak YEN. YEN> USD USD was very weak...
EJ has seen huge bullish oves the last 3 days braking out of a downtrend with little to no retracement. I expect bullish pressure will become exhausted at the 118.5 zone and the leg down will begin.
Moving into the new week, I will be looking to take this pair short for obvious reasons, break and retest of support area now turning into possible resistance. The overall trend on this market is down and on the 4H TF u can see strong bearish pressure just totally ramming through said support now retesting, so I do not see any reason not taking this trade UNLESS.....:(
Hey tradomaniacs, welcome to another free trade-plan. Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation. Market Sell: 116,210 Stop-Loss: 116,415 Target 1: 116,000 Target 2: 115,900 Target 3: 115,790 Stop-Loss: 20,5 pips Risk: 1-2% Risk-Reward: 2,0 LEAVE A LIKE AND A...
Hey tradomaniacs, welcome to another free trade-plan. Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation. Type: Day-Swingtrade Market Sell: 118,500 Stop-Loss: 119,090 Target 1: 118,000 Target 2: 117,570 Target 3: 117,025 Stop-Loss: 59 pips Risk: 1-2% Risk-Reward: 2,63 LEAVE A LIKE AND...
EURJPY is very close to resistance level. I think that EURJPY is forming a double top .
As mentioned, EJ unable create higher high at the resistance and start fall break the support line. i expected it will pull back 121 level and fall to another 118.676 level
H4 Fibs from institutional levels align w/ crossing swing trendlines as well as support (demand) zone.
EJ FACING A POSSIBLE SUPPORT IF IT BREAKS WE CAN GO DOWN TO 117.439