The EURJPY currency pair may continue to fall as accumulation is forming amid the bearish trend. There is a weak flag on the downtrend, which is a set-up for further price decline. Besides, the false breakdown of resistance also indicates the market sentiment Reasons for further decline ↓ 1) range formation on the background of the dovntrend 2) resistance...
EURJPY has bounced off the buy entry and is rising to our take profit level. Buy entry is at 156.573 which is an overlap support level. Stop loss is at 154.781 which is a level that sits under a pullback support. Take profit is at 158.311 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
4h Trend change by confirming on daily tf, price is clearly making HH,HL's. Price currently in Discount Range, Potential Buying setup would be at Recent 4h Demand Zone, i would be looking for target above the 50% of the 4h recent leg
(DOWNTREND) SLO2 @ 159.40 ⏳ SLO1 @ 158.75 ⏳ TP1 @ 157.50 TP2 @ 156.50 TP3 @ 157.70 TP4 @ 154.50 BLO1 @ 154.20 ⏳ BLO2 @ 153.50 ⏳ ADDITIONAL NOTES: 📈 PA could react to Support @ 157.02 (1H) and give us the bounce we'll need to catch either of these Sell Limit Orders 🔑 BLO = BUY LIMIT ORDER LTF = LOW TIME FRAME SLO = SELL LIMIT ORDER TP = TAKE PROFIT Short-term...
(DOWNTREND) SLO2 @ 162.95 ⏳ SLO1 @ 160.25 ⏳ TP1 @ 155.15 💰 TP2 @ 150.85 TP3 @ 147.75 TP4 @ 142.85 BLO1 @ 141.60 ⏳ BLO2 @ 138.75 ⏳ 🔑 BLO = BUY LIMIT ORDER ITF = INTERMEDIATE TIME FRAME SLO = SELL LIMIT ORDER TP = TAKE PROFIT Intermediate time frames (4 hours to 6 day): — Offers a clearer picture of the underlying trend compared to short-term frames. —...
(DOWNTREND) SLO2 @ 166.20 ⏳ SLO1 @ 158.60 📉 TP1 @ 144.25 TP2 @ 132.15 TP3 @ 123.15 TP4 @ 109.33 BLO1 @ 106.00 ⏳ BLO2 @ 106.00 ⏳ 🔑 BLO = BUY LIMIT ORDER HTF = HIGH TIME FRAME SLO = SELL LIMIT ORDER TP = TAKE PROFIT Long-term time frames (1 week to 1 year): — Shows the big picture, revealing major trends and economic factors. — Less volatile, price movements...
EURJPY has turned neutral on its 1D technical outlook (RSI = 46.011, MACD = -1.000, ADX = 41.208) as it held the 1D MA200 but remains restrained under the 1D MA50. This rebound however looks very much like the August 2nd 2022 1D MA200 rebound, which after it crossed over the 1D MA50, rallied to the 1.236 Fibonacci extension. A 1D MACD Bullish Cross will confirm...
EUR-JPY - DISCOUNT ZONE? These are my keylevels on daily chart.
Hello,Friends! Bearish trend on EUR/JPY, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 154.160. ✅LIKE AND COMMENT MY IDEAS✅
Lets wait and see what New York session provides us with opportunitets. We should not stress to much and take unnecessary positions. Wait for a bullish candlestick confirmation. Good luck!
EURJPY is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the sell momentum continues the next target could be 153 What you guys think of this idea?
The current price could break through the sell entry and reverse to the take profit level. Buy entry is at 157.433 which is a pullback support. Stop loss is at 159.081 which is an overlap support. Take profit is at 154.655, this is a multi-swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
(DOWNTREND) SLO2 @ 162.97 📉 SLO1 @ 160.28 📉 TP1 @ 00.00 TP2 @ 00.00 TP3 @ 00.00 TP4 @ 00.00 BLO1 @ 00.00 ⏳ BLO2 @ 00.00 ⏳ 🔑 BLO = BUY LIMIT ORDER ITF = INTERMEDIATE TIME FRAME SLO = SELL LIMIT ORDER TP = TAKE PROFIT Intermediate time frames (4 hours to 6 day): — Offer a clearer picture of the underlying trend compared to short-term frames. — Provide more...
EURJPY daily short setup. Will be looking for price to continue a move down tomorrow. Let me know what you think!
set buy limit after the red line and then u will see the pump
EUR/JPY is trading close to a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target. Entry: 157.399 Why we like it: There is a pullback resistance level Stop Loss: 159.115 Why we like it: There is an overlap resistance that sits above a confluence of Fibonacci levels i.e. the 50.0% retracement and the...
EUR/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 157.549 which is a pullback resistance. Stop loss is at 159.250 which is a level that sits above the 127.2% Fibonacci extension level and an overlap resistance. Take profit is at 154.770 which is a pullback support. High Risk Investment...
Hey traders, Lets look at the chart of EURJPY. EURJPY is in a down trend as we see, I was looking at the chart and I saw that the down trend will end soon. I dont know when, but that's up to the banks ofcourse ;) What I am looking for is still a sell order at: 155.800. Why 155.800? This zone is important because of the ping pong effect. the 4/8 and 2 lvl's are...