Hey Guys! The current weekly bias on the eur/jpy pair, (though yet to be fully confirmed) is long. Or in other words, price is likely to reach 148.44 before reaching 124.41. In this post, I explain the reasoning for the long bias, as well as what I'll be looking for in terms of full confirmation of the weekly long bias. That''s it! I'll keep you guys...
Hey Guys! The weekly bias on the Eur/Jpy for the last 3 weaks was long. Or in other words, price is likely to reach 145.63 before reaching 124.38. However the bias's main target was hit this week, so the weekly bias is back to neutral. In this post I explain the reasoning behind the long bias, as well as why I did not take the long entry. That's it! I'll keep...
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
Hey Guys! The current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 124.38 before reaching 145.63. However, like I've been mentioning over the last couple months, the EurJpy has overarching long strength, thus I am waiting for the weekly bias to revert back to long so I can take a long entry. As of today, there is a...
Hey Guys! The current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 124.38 before reaching 145.63. However, like I've been mentioning over the last couple months, the EurJpy has overarching long strength, thus I am waiting for the weekly bias to revert back to long so I can take a long entry. In this post I explain the...
With my key level at 143.000 area, I have a strong feeling that the tendency for a bullish continuation is going to happen as long as we do not have a breakdown/retest of the bearish trendline identified on the 1H time frame. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Hey Guys! The current eur/jpy weekly bias is long. Or in other words, price is likely to reach 139.98 before reaching 124.34 The long entry I was mentioning last week was triggered, however I need a pullback to the 136.00 levels for a long entry due to overall risk managment. In this post, I explain how I will be trading this set up, as well as how I will be...
Hey Guys! The current eur/jpy weekly bias is long. Or in other words, price is likely to reach 139.98 before reaching 124.34 In this post I explain the possible entry long setup that can form and how I plan to trade it. Moreover, I explain how I will be managing this long trade if entered. That's it! I'll keep you guys updated! Ken Disclaimer: This is not...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
This is a follow up detail on the publication I made on this pair during the weekend. So, with the current structure projecting multiple rejection by buyers right above our key level at 137; I think it is most appropriate that we start preparing to take on a potential bullish move so we do not get caught unawares when it finally happens. Risk Disclaimer: Margin...
Hey Guys! The current eur/jpy weekly bias is long. Or in other words, price is likely to reach 139.98 before reaching 124.34 In this post, I explain the reasoning behind this long set up as well as how I plan to trade it. That's it! I'll keep you guys updated! Ken Disclaimer: This is not Personal Financial Advice.
Euro appears to be grinding as we continue to witness the oscillation of price action right above the identified key level at the 137 area. In this regard, I have identified a demand zone below the key level as a yardstick for a bullish momentum going forward. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs,...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Hey Guys! As you guys know, the assumed weekly bias was short. Or in other words, price is likely to reach 114. 40 before reaching 133.68. (Though the main target has changed. Explained in the video.) However, due to long confirmation forming on the 1h chart for the last 2 weeks, I did not take any further short entries. That said, I did take a loss of -$1800...
Hey Guys! Just a quick update! As you guys know the current weekly bias on the Eur/Jpy is still short. Or in other words, price is likely to reach 114. 40 before reaching 133.68. (Though the main target has changed. Explained in the video.) In this video, I explain the short position I'm currently holding and the reasons why I took the entry, as well as how I...
Hey Guys! Just a quick update! As you guys know the current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 114.40 before reaching 133.68. In this video, I explain the short position I'm currently holding and the reasons why I took the entry, as well as how I plan to trade this set up in the coming weeks. That's it! I'll keep...