After a test of a significant daily structure resistance, EURJPY retraced and formed a head and shoulders pattern on a 4H time frame. Before the market closed, the price violated its neckline and closed below that. It is an important sign of strength of the sellers. The pair may keep falling now to 156.7 support level. ❤️Please, support my work with like,...
Entry : 158.323 SL : 158.800 TP : 153.677 RRR : 1/9.7 Every trade has risk!! So please set SL with your own caution and always follow my orders at Tradingview !! Support Broker with me in the Bio section
Price is rising towards our sell entry at 158.42, which aligns with the head of the H&S pattern that could potentially be formed. It also aligns with the 78.6% fibo retracement and 78.6% fibo projection. Our stop loss is at 158.71, which is above the multi-swing high resistance levels. Take profit is at 157.63, which is a multi-swing low support level. High...
From a broader perspective, it seems like Eurjpy is still in a bullish trend. When we draw the Fibo Retracement for the last swing, the price has responded positively to the SND area in Fibo 0.5 and has reached Fibo 0.382. Currently, the price has successfully penetrated the trendline and formed a bullish pattern, which indicates that the price is likely to...
✅EUR_JPY has been growing recently And the pair seems locally overbought So as the pair has approached a horizontal resistance of 158.600 Price fall is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Preferred direction: SELL Comment: For the yen, however, we can consider a short scenario. This couple stands out from the rest. Most likely, upon the publication of inflation data in the US, the price will jump up, and after that we expect a test of the level of 147.816. Further, most likely, the movement will also develop downward in the short term. Thank...
Today's focus: EURJPY Pattern – Resistance Test Support – 157.65 - 155.81 Resistance – 158.55 - 159.71 Hi, and thanks for checking out today's update. Today, we are looking at the EURJPY on the daily chart. Since testing lower support, we have seen a solid bounce that has already had one reaction and a new higher high. This sets buyers up with just a few more...
Price moved a lot higher to fill the overnight gap down. My idea yesterday became invalid but this gives me a better entry: Gap down suggests general direction and now the gap has been filled, supported by a pinbar on the 1hr I'm getting in short with a first TP at 156 (ultimately I think 154), but I think this could be the start of the reversal.
A lot of people think that EJ and GJ are going to drop soon. I was in that boat some time ago but then it clicked...why would that happen... Its on a clearly bullish market and no it doesn't need a huge pullback. It doesnt matter that there have been like 5 dojis on the weekly. It is a bullish market. And I think it is finally time after that insane shock drop...
EUR/JPY BUY Hello traders, analysis of the euro against the Japanese yen. I see a bullish trend. We are waiting for the levels drawn on the chart. We are buying. Greetings and good luck.
Hello,Traders! EUR-JPY went up to retest A horizontal resistance of 158.600 From where we are seeing A bearish reaction so I think that the pair will Go further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EUR/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 183.020 which is a pullback resistance level. Stop loss is at 184.550 which is a level that lies above a pullback resistance. Take profit is at 181.128 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. ...
The analysis of the EURJPY chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers. ❤️ Please, support our work with like & comment! ❤️
EUR-JPY is already making A pullback from the horizontal Resistance at 158.288 And I think that we will See a local move down !
Here is the watchlist for today: CHFJPY H1 there is a possible BAL forming aswel as a trendline, with a lower trendline that may hold price up on m30. EURJPY M30 there is a 123 formed around the lower demand zone, be very conservative with this one. GBPCHF H1 there is a 123 formed, i would wait for a break above 1.11. The special case today is audnzd, i feel...
Pair Name : EUR/JPY 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( ❗️ Short ) Type : Mid Term Swing —————————— Bearish...
EURJPY has been hanging around 157 - 157.5 range for some time, we saw a break below last week which quickly recovered, but we've broken back below now so I expect a stronger push back down to the low of last week (caused by JPY buying). With price action there was also a failure to make a new high, we saw a short pinbar on the 4HR before we broke back below my...
Preferred direction: BUY Comment: According to the results of statistics from the US on the labor market, the pound, like many of the dollar's competitors, was able to strengthen. However, such strengthening is unlikely to last. But still, at the beginning of the week, it is most likely better to take a closer look at purchases. The goal of growth will be a...