Hi Traders. In the previous few analysis i've been calling short opportunities on EURJPY as price has rejected the 143.90 - 144 key resistance level multiple times. As price is moving down according to plan, I believe there is more room for price to move downwards. The only structure that's determining my short-term bias is 142.90 - 143, which is the base of the...
Euro vs jpy analysis, valid for 24 hours, you can enter the yellow rectangle area, without exceeding the stop loss, the estimated profit would be up to the next maximum, let the price do its job, until it puts you out of business win or lose, good luck to all, thanks
Pair is still showing no sign of getting out of the channel - a small short can be executed
From the look of things on the daily time frame... EJ is looking very ready for a medium-term sell. I will do a proper Top-Down analysis to get a perfect entry from lower timeframes.
EURJPY currently returned to an OB .in which i longed fro that area ..expect a pull back before we continue our continuation..PROPER RISK MANAGEMENT.ADEX CARES..
After the big impulse down, watch for more opportunity on the pull back or retest!
series of lower low and lower high are forming so according to DOW theory it will go down
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
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SELL ENTRY @141.631 STOP LOSS@145.575 TAKE PROFIT@137.687 Market Update (Looking to Long) Like and Subscribe Thank you Please support our analysis with a like or comment
i see a break of structure and now looking for price to return to my sell zone and will look to sell. Please let me know your thought.
1- Harmonic pattern suggesting a bearish move. 2- Double top formation suggesting a bearish move. 3- Bearish Divergence on MACD indicator. Therefore, as long as the double top holds my view remains bearish. Enter @ 142.305 Target 1 @ 139.787 Target 2 @ 136.600 Protection above Double Top @ 144.78
The arrival of the eurjpyto the demand area 141.60 , now we are waiting for it to rise to the risistance 143.00/143.20 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
*Everything is mentioned on the chart. I hope it is easy to understand. *Don't jump in to trade at the beginning of the market. let it get settle for 15-20 min first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level. Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
The pair has slipped below 5-DMA after Dragonfly Doji formation in the previous session. Major trend in the pair is bullish. 200H MA is immediate support at 141.44. Break below will drag the pair lower.
EURJPY on the 4h chart is testing the recent highs. The market after the last bullish impulse creates 2 equals highs and is now trading over a minor support. How can i approach this scenario? I will wait for the EU market open and check for a possible break of the area. In that case i will check the opportunity for a nice short order according to the Plancton's...