Simple design with potential zones of influence for the price action for support/resistance. Hoping to catch at least 3 turnarounds/reversals at the marked levels/zones. Vertical rectangles are more like time stamps although they also can provide similar evolutions of events if the price touches them. Although this is not just experimental, it should also be...
Market has been going bullish and approaching an area of interest Market sentiment is majority short Big trend is still bullish In this area of interest, either the market will pull back to an area of interest or consolidate then continue in a bullish trend At the moment, no strong signals convincing me to enter at the moment
I’ll be stacking if this candle engulfs all the rest !
EURJPY is at a very tricky area of 165.474 ,from this area we have the 200 SMA above it which indicted we could still get more sells but if price breaks above the 200 SMA at 165.474 area we shall see buys towards 168.960 but if the area holds we shall see sells towards 162.511
EUR/JPY Technical Analysis: - Current Pattern: Rising Wedge - Implication: Bearish (Potential Price Decline) - Expected Target: 0.382 Fibonacci Retracement Level
✅EUR_JPY is trading in an uptrend Along the rising support line Which makes me bullish biased And the pair is about to retest the rising support Thus, a rebound and a move up is expected With the target of retesting the level above at 165.000 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
OANDA:EURJPY is in overall bullish trend, forming a strong ascending trendline. Recently, after a strong bullish move, It has been retracing towards discounted fibonacci levels. It might continue its bullish momentum from these levels after trendline retest where we can look for long opportunities.
My Dear Robbers / Traders, This is our master plan to Heist Bearish side of EUR/JPY based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at...
Hello,Friends! EUR/JPY pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 165.989 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
EURJPY still has the opportunity to grow, but now there is a chance to earn a short time by selling, We have these indicators for SELL opportunity: - Reflection from the top of the parallel channel (formed since 2022) - Low volume to continue the current direction - Resistance zone of last peaks (2007-2008) - Return/re-test to Year + 6M + 3M + 1M high We define...
The EURJPY and other XXXJPY pairs surged following the "speculated" BOJ/MOF intervention in European trade today. Although many pairs hit some key levels, the EURJPY was particularly interesting today. The EURJPY surged Sunday, April 28th when market reopened over the weekend and the EURJPY came within pips of the 161% Golden Fibonacci extension of the November...
#EURJPY UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about EURJPY. EURJPY had breaked the main Descending triangle pattern. In this move we can see gain upto 100Pips+ soon✍
A very symmetrical rise after manipulation1! Breaking bullish structures... It will break historical highs, we must stay tuned!!! Find your favorite entry pattern :D Keep it Simple! If you liked it, don't forget to follow me! :)
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Hello Traders! Let's delve into the EURJPY daily chart, where an intriguing opportunity is unfolding. The current setup illustrates a U-shaped pattern, resembling a classic cup and handle formation within an existing uptrend. A distinctive U-shaped pattern, indicative of a cup and handle formation. Noteworthy uptrend in the market, enhancing the validity of the...
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Hi Traders, This trade presents a comprehensive analysis and rationale for the anticipated strengthening of the Japanese Yen relative to the Euro in the current economic climate. Through an examination of key economic indicators, monetary policies, geopolitical factors, and trade dynamics, this analysis aims to provide valuable insights into the potential...