I chose to sell Because we have a resistance area that the price has rebounded from three times And we gave supply zone and choch On the daily time frame, we have a reflexive candle hammer
Waiting for confirmation of frame 1 h when reaching the area The reasons are phrase previous low break bottom Double Top configuration is downward sloping, not even And supply with Imblance and Indusment
EUR/JPY just retested a horizontal resistance of 158.000 which makes me locally bearish biased and I think that we will see a pullback and a move down from the level towards the target below at 156.00.
Fundamentally seeing really weak EUR this week, and JPY getting stronger. We've just seen a break of the rising trendline and retest at the end of the week. This is going down, 1:4 RR
Looking for EURJPY to head into this resistance zone to either break it or get rejected by it. Let me know what you think!
Hey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.97100 zone, EURCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.97100 resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURJPY for a buying opportunity around 155.650 zone, EURJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 155.650 support and resistance zone. Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring EURJPY for a buying opportunity around 155.100 zone, EURJPY was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 155 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURJPY for a buying opportunity around 154.800 zone, EURJPY is approaching a signification support line around the 154.800 demand area. Trade safe, Joe.
EURJPY hit the top of the long term Channel Up that started more than a year ago (March 2022) and is getting rejected so far. With the 1D technicals still green (RSI = 63.286, MACD = 1.680, ADX = 49.495) this indicates that the trend remains bullish so we will sell and initially target the 1D MA50 (TP = 153.000). The reason is that it has been unbroken since April...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on Daily: Left Chart EURJPY has been overall bullish, however it is retesting a resistance zone as it is the intersection of two trendlines from Daily and H4 on H4: Right Chart 🏹 For the bears to take over, we need a momentum candle close below the gray low. Meanwhile,...
- Looking to break the resistance zone around 157.90 for further bullish movement toward 158.50 - 159.000 levels. - Very bullish pair, looking to keep in line with this trend - Entry was at 157.05, stop moved to entry - MACD indicating bullish movement
Hey Traders! I believe EURJPY will continue going up due to the following: - Recent bullish engulfing candlestick on 4h with MA bounce. - Although it's near the psychological level 158, we are likely to re-test it because it's forming recent higher highs. - The pair managed to pass 157.00 level which was a previous strong pivot level - COT Data is in favour...
EURJPY is trading inside a Channel Up for the past 3 months. The price is approaching the top of the Channel Up on a +9.00% extension, such as the May 2nd top. Trading Plan: 1. Sell on the current market price. Targets: 1. 153.750 (bottom of the Channel Up, below the 0.382 Fibonacci and above the MA50 1d). Tips: 1. The RSI (1d) will give a confirmed sell signal...
SLO @ 165.66 ⏳ TP1 @ 144.00 (shaving 25%) TP2 @ 132.00 (shaving 25%) TP3 @ 123.33 (shaving 25%) TP4 @ 109.50 (shaving 25%) BLO1 @ 98.25 ⏳ WE ARE A COMMUNITY BOOST a trade idea to share with others and "pay it forward" FOLLOW to receive alerts of any new posted ideas COMMENT with questions, insight, and expertise JOIN our group chat:...
Hello everyone. The above chart is my weekly analysis for the EURJPY pair. Do note that this is my long term analysis for the next/couple of years to come. This is my personal view. Let me know what you think. Trade with care. God bless you.
EURJPY is rising aggressively since the last touch on the 1day MA50 on April 6th. The long term pattern is a Channel Up since March 7th 2022. The 1day RSI is extremely overbought at 77.00, the highest it has been since June 8th 2022. Buy and target 158.000 and then sell targeting the 1day MA200 at 148.000. Follow us, like the idea and leave a comment below!!
Hello dear traders. Here my idea to EURJPY. we will expect short term bullish continuation. Traders, if you liked this idea or have your opinion on it, write in the comments. Please like and subscribe to my profile. Good luck to you. This idea does not provide the financial advice.