Hello traders and the entire tradingview community! EUR/JPY is currently in a squeeze. The squeeze is getting narrower, which means there will be a big movement very soon. Whether the move happens to the upside or downside depends on the price action around the 100-hour moving average. If you see a strong bullish candlestick that breaks above the 157.20 level,...
Price could bounce off our buy entry which is an overlap support level at 182.936. Our take profit is at 185.068, a pullback resistance level. Stop loss is at 180.792, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against...
Price could react off our sell entry which is a swing high resistance level at 157.454 . Our take profit is at 154.668, a pullback support level. Stop loss is at 157.926, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against...
On daily Euro is weak against Yen and i am expecting the price continue it's trend after it's pullback phase
Price could bounce from our buy entry which is an overlap support level at 156.991. Our stop loss is at 154.692, a swing-low support level. Take profit is at 159.069, which is an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against...
EURJPY like all other JPY pairs is in a big bullish uptrend. If we see a bullish start on monday, I have a price target of 158.00 where price might see a pullback or it could blast right trough you can never know! Let me know what your thoughts are on JPY for this week!
EURJPY is a risky trade you can take with small risk (strongly recommended) until it breaks below support (potential pump fake out) please enter in with PROPER risk management and wait until further confirmations. EURJPY Sell/Short ENTRY: 163.882 TP: 160.494 SL: 164.668 2-5% risk capital.
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 155.82, which is a pullback resistance aligning with a 23.6% FIbo retracement. Our take profit will be at 153.17, a swing-low support level. The stop loss will be placed at 157.89, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin...
We saw big drops on all JPY pairs today. I expect some big reversal moves to the upside on all these pairs and EURJPY looks really good for a long setup. Let me know what you think! Always make sure to manage your risk!
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 161.000. Like, comment and subscribe to be in touch with...
Hello,Friends! We are going long on the EUR/JPY with the target of 161.238 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. EURJPY has been overall bullish trading within the rising red channel and it is currently approaching the lower bound / trendline. Moreover, the zone 157.0 is a strong support. 📉 So the highlighted red circle is a strong area to look for buy setups as it is the intersection...
Price could move towards our buy entry which is a multi-swing-low support level at 157.950. Our stop loss is at 159.572, a multi-swing-high resistance level. Take profit is at 156.659, which is a swing-low- resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage...
After carefully studying the graph he published this idea which precisely reflects the points of my interest. As you can see from the graph my entry point corresponds to the yellow circle with the relative SL AND TP set with a risk/reward of 1:4. We are in the HYPER BOUGHT area on the 1D chart and on the 4H chart we had a HYPER BOUGHT with a breakout signal for...
EUR-JPY - BROKEN RISING WEDGE? This is a rising wedge almost broken, but need to wait for more confirmation like new daily candle , and support zone broken , wich now is a neckline of this range.
EURJPY could bounce off our buy entry level and potentially reach our take profit level. Entry: 157.86 Why we like it: There is a swing low support level and a 61.8% Fibonacci retracement. Stop Loss: 156.89 Why we like it: There is a multi-swing low support level. Take Profit: 159.15 Why we like it: There is pullback resistance level. Please be advised that...
Hi everyone. As we have a BOS to the down in 1H TF, now it's time for a pull back. I think around 161 is a good area to look for CHoCH in lower TF(like 5min) to go short. Or you can set a limit order by your own risk. Please consider the risk management. Lets see what will happen... Good luck.
FX:EURJPY accelerates its losses and puts the 159.00 support to the test at the beginning of the week. The continuation of the downward bias appears on the cards for the time being. Against that, the 100-day SMA at 158.62 is expected to offer temporary contention prior to the October low of 154.34 (October 3). So far, the longer term positive outlook for the...