Hello Everyone, Long-term prospects for EUR/JPY continue to favor buying, with an upward trajectory expected. Despite significant seller activity aiming to breach daily support, the current stance on EUR/JPY remains bullish, emphasizing its potential as a buy. TradeWithTheTrend3344
FX:EURJPY has retraced to a daily/4 hr trend line support level after creating a higher high in a bullish trend. Bullish divergence has also formed on the chart indicating good potential for a continuation of the bullish rally!
Hello, friends! This is ESS team. EURJPY is ready for the next wave after a strong rally. Let's check what next happens. This is the EURJPY 4H chart. After breaking through the short bearish extended wave, the chart is currently being drawn in the bullish extended wave. After reaching 618 with the Fibonacci retracement, the 4H orderblock zone flips to convert...
EURJPY is moving in an ascending channel between the trend lines. Volatility has increased. The chart has fallen under a strong resistance level. We expect a decline after the resistance retest. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!
Am expecting EJ buys if we break above previous 1 hr high. apply proper risk management!!!
✅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!✅
This is just my first test idea. Nothing to see here (:
Recently prices had met old daily support in the 164 zone Market sentiment supports going short Current trend is still short Big trend is still bullish I believe that a lot of traders are reacting a bit faster than usual, changing from short to a buy position as much as we are in an area of interest, there isn't enough information convincing me to buy at the...
Short Term Elliott Wave View on EURJPY suggests the rally from 12.7.2023 low is in progress as a 5 waves. Up from 12.7.2023 low, wave 1 ended at 163.71 and pullback in wave 2 ended at 160.21. Pair extended higher in wave 3 towards 171.58. The 60 minutes time frame below shows the rally which ended wave 3. Wave 4 pullback is currently in progress with internal...
This is my bullish trend idea. However, wait for clear trend continue moment and wait for trend continue after can entry. This is my opinion, not for any signal service. Good luck.
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...
After the recent spike, sideways movement to a sell off in an overbought market, seems to be testing an interest of area once again Market sentiment is no longer in anyone's favor, it could go either way now Big trend is still bullish, experiencing a pull back at the moment, testing levels Short term sell off is in favor based on price action, as we get into...
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...
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Bullish flag pattern observed in the EURJPY pair. There is no divergence observed so the pattern bullish pattern is likely to continue.
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! :)