Looking at the H4 chart, my overall bias for EURJPY is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 141.017, where the overlap support is. Stop loss will be at 139.556, where the recent low is. Take profit will be at 143.416, where the overlap resistance is. Any opinions, news,...
EURJPY - Intraday - We look to Buy at 140.10 (stop at 139.50) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. We are trading at oversold extremes. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. Indecisive price action has...
Due to the strong impulsive drive, this linear correction has the potential to be broken.
Here are few points i am looking for this trade 1.Compare to the last leg up ,we can clearly see Seller are taking control 2. Price in the Overall down trend (ranging market condition ) (if price breaking new low, good chance there are trending move ) 3. Price are weak !! Consoildate in a lower level and trying to set up a break out move 4.IF there any small...
Hi, I have entered the EUR/JPY on a day trade entered on the fib pullback. This is a simple clear bearish set up. GL if you join
Looking at the H4 chart, my overall bias for EURJPY is bearish due to the overall price moving along a bearish trendline, indicating a bearish market. Looking for a sell stop entry at 140.167, where the 38.2% Fibonacci line is located in order for a market structure break and to ride the bearish momentum. Stop loss will be at 142.939, where the 50% Fibonacci line...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. As per my last analysis (attached on the chart) we were looking for bulls to take over around our green support. on DAILY: Left Chart EURJPY traded higher and now approaching the blue resistance zone, so we will be looking for sell setups on lower timeframes. on H1: Right...
EURJPY on the 4h chart has tested a confluence zone and is currently retracing to the upside. The price after the drop might look for the 50% retracement and we will monitor the pie around that area. How can i approach that scenario? I will wait for a possible inversion around a a FIB zone and if that will happen i will search for a nice short order according...
EURJPY - Intraday - We look to Sell at 141.65 (stop at 142.50) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. We are trading at oversold extremes. A higher correction is expected. Our short term bias remains negative. We look to sell rallies. Our profit targets will be 139.20 and 138.45 Resistance: ...
EUR / JPY : In the short term (14-25 days) the YEN could weaken against the EURO. Price action on the daily chart indicates that the EUR/JPY outlook could be bullish despite the recent pullback. Current price is above its 200 day and 20 day moving averages (bullish); MACD above its signal line (bullish); relative strength index has crossed above its 50 line...
Hello , there is a shoulder-head-shoulder pattern . My idea is that EURJPY will hit at 148 as first target . As a second target i will set 148.55 and as a third target 149.15. ! Beware this is not a signal , if you decide to take the trade then it is on your own risk !
EURJPY after the recent low retraced to the previous resistance level. The price moved in a series of higher high higher lows and with the CPI news created a powerful red candle. How can approach this scenario? I will wait for a potential break of the support area and if that will happen i will be looking for a nice short order according to the Plancton's...
Hey traders, EURJPY is trading in a long-term bullish trend. The market set a new higher high in October and started a correctional movement then. The price formed a bullish flag pattern and established a minor bearish trend within. Since last week, the pair started to grow. Bulls managed to violate the resistance of the flag. It may trigger a...
EURJPY - Intraday - We look to Sell at 145.00 (stop at 145.80) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Previous resistance located at 144.58. The 200 day moving average should provide resistance at 144.95. The trend of lower highs is located at 146.13. This is negative for sentiment and the downtrend...
EURJPY - Intraday - We look to Buy at 141.00 (stop at 140.20) We are trading at oversold extremes. A higher correction is expected. Previous support is located at 140.90. Further upside is expected although we prefer to buy into dips close to the 141.00 level. Our profit targets will be 143.35 and 143.85 Resistance: 144.85 / 148.40 / 151.00 Support: ...
Price is touching the trendline and going to make another low.We have clear order block here.
💶💴EUR/JPY Monday's southbound play. 💶💴It was once again time for the EUR/JPY in my execution. 💶💴After the beautiful downward slide that EUR/JPY made, I of course predicted that this would happen in previous posts on this pair. It' s time to attack the declines once again. 💶💴Looking at the appearance of Friday's downtrend candle and looking at the momentum with...