looking bearish trend in 4h timeframe beacuse breakout ascending trend line
Hello Traders! This is my idea related to EURJPY H2. I see a retracement from the resistance level of the channel and also a small retracement (15M - 30M), to close the imbalance and to react from OB. Now I see a good opportunity to execute a short trade until the price of 155.800. Traders, if you liked my idea or if you have a different vision related to this...
Hello Traders! This is my idea related to EURJPY H4. I expect a retracement until the resistance level at the price of 154.000 and after that a Bullish move until the price of 158.400. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
EURJPY is testing the resistance. It tested the resistance twice. It created a false breakout of the level at 158.500. Price movement is gaining momentum on 1-hourly timeframe, and we might see a sharp bearish move. We expect a pullback and bearish move since it printed the pinbar at resistance. ------------------- Share your opinion in the comments and...
Here I forecast EURJPY and found it very interesting, my area of interest is 158.500 level , And I want to see how the price is going to react to that level , whether 154.00 zone was indicating a double bottom and as a reversal . Let Price indicate that for ours guys.
EURJPY BUY TP in the chart SL in the chart Good luck guys Note: To reduce the risk on your balance you have to use only 2% of your balance. - - - - - -❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️.
EURJPY tested the upper border of the descending channel. The market fell below the 157.500 resistance level, which is essentially a false breakout. Price action is printing lower lows and lower closes, indicating a bearish trend on the 4-hourly chart. We expect a bearish move, breaking through the ascending channel. ------------------- Share your opinion in...
Hello traders, we want to check the EURJPY chart. The price is moving in an ascending channel and has pulled back to the indicated key level. If the price cannot break this level and stabilize itself above this level, we expect it to maintain its upward trend and grow up to the price of 159,000. Good luck.
EURJPY recently displayed a break in both the trend line and the support zone, followed by a subsequent pullback to the established zone. Despite encountering some market fluctuations, current indications suggest a potential downturn towards the specified level. Your thoughts and comments on this analysis carry significant value and are greatly appreciated. If you...
Mitsubishi UFJ Financial Group (MUFG) President Hiroki Kamezawa stated in an interview with Japanese media outlet Asahi Shimbun: The BoJ is gradually achieving its price target and wage hike "This is only a matter of time." The negative interest rate policy could be eliminated as early as 2024 due to positive developments in wages and prices. This policy has put...
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: Here we can see that price filled firstly daily imbalance and now started to form lower lows and lower highs, so I am bearish. As well we can see that price mitigated bearish order block and rejected from it. Like, comment and subscribe to be in touch with my content!
OANDA:EURJPY cross extends its downside near 156.60 during the early European session on Thursday. That being said, the upward revision of economic growth estimates by the Japanese government lifts the Japanese Yen (JPY) and creates a headwind for the OANDA:EURJPY cross. From the technical perspective, OANDA:EURJPY keeps the bearish potential intact as...
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!
According to Harmonic pattern Fibonacci retracment CCI Diverge,ce
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,...
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...
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...
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.