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...
Take a look at our analysis for EURJPY. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 159.383. Considering the today's price action, probabilities will be high to see a movement to 160.396. P.S The term oversold refers to a condition where an asset has...
EURJPY is falling from a pullback resistance level and heading to our take profit level. Entry: 159.769 Why we like it: There is a pullback resistance level. Stop Loss:161.855 Why we like it: There is a swing-high resistance. Take Profit: 157.678 Why we like it: There is a pullback support level Please be advised that the information presented on TradingView...
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURJPY chart which, if analyzed properly, clearly points in the downward direction. ❤️ Please, support our work with like & comment! ❤️
Share your idea in the comment section of this pair and let's debate Good Week, Michel_FRX DISCLAIMER: 1. Be aware this is not financial advice so trade carefully and have stop loss for sure 2. Past performance is not indicative of future results.
Hello,Traders! EUR-JPY will soon hit a Support level of 159.00 From where we will be Expecting a bullish reaction Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
✅EUR_JPY is going down to retest a horizontal support at 159.500 Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 160.700 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
EUR-JPY is trading in a Downtrend and the pair Is making pulback from The horizontal resistance Level of 161.436 so we Are bearish biased and We will be expecting a Further move down !
Hi viewers, EURJPY price on zone, here bearish continuation to expect, +on Friday we have ISM event where expect boost for JPY TP1: 159.800 (150) TP2: 158.800 (250)
Selling only after the break under the HMA and the retest of the HMA **This is just my trading thought process and does not constitute as financial advice. **Please trade with proper risk management**
My dear friends, EURJPY looks like it will make a good move, and here are the details: The market is trading on 161.66 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 162.35 About Used Indicators: Pivot points are a...