EURJPY looks heavy. It has broken down the main trendline, and i can see bearish divergence on H4 and H1 timeframe. Actually is stuck in a small range, and it looks like it's accumulating to perform an explosive move. 159.000 is a daily support, so i expect the price there as a target for a short
EURJPY is currently heading to our area of interest, filling the left out fvgs before massively going down
Waiting for market to break structure to position for a BUY opportunity. Currently in an UP trend on Multiple Time Frame analysis. The buy from the floor was already played waiting on the retest for another potential entry.
FOREXCOM:EURJPY This trade is based off of the previous analysis i did on the EUR/JPY pre-news event. After the news, the pair became bearing approaching the first dip at the bottom of the predicted red arrow line as a sign of a bearing breakout. A confirmation is the pair retracing back to the top of the red arrow as a retracement (this is quite common in most...
This Is An Educational + Analytic Content That Will show entry ideas for trades. Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions. Disclaimer The...
EURJPY on Bat and got rejection from Monthly Key Level, Also on HTF iss completed AB=CD X to A is a sharp fall hence we consider current uptrend as correction of B and expecting a fall of C which will complete AB=CD at around 150
any good analyst is a time expert as well. So any breakout that happens at the time when it happened tells us a lot about it. this month's level of 163. will happen for sure and it should probably happen this week!
:) :)) :))) This is usually when the breakouts happen!
a good sell trade i am looking marcket at a resistance zone
Traded to a daily FVG during the news event. Looking for confirmation that this will go higher. Looking at breaking the 15 min fractal high and the creation of another fvg. Alternatively sweeping the lows again and creating a new 15 min fractal high break + fvg If this happens, I'll enter long targeting the daily highs
The pair is slowly under pressure, and have moved below first GANN support now. We have respected the resistance lines, and stochastic is negative, but a messy stochastic behavior, it feel like a tremble :) anyway, strategy is SELL @ 161.00-161.30 (or add @ 160.90-161.10 for existing shorts), and lower SL @ 161.85 now. Profit order @ 158.37.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
#EURJPY UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about EURJPY. EURJPY is breaking the main Rising Wedge Pattern. And here it has maximum Chances we can see drop upto 100Pips+. Keep in touch we will update further soon. Always Trade with Confidence ✅💯
So based on my last theory I got clipped, there was a lot of news combined with heavy consolidations within price. For me that's a no-go to trade, I saw this set-up and thought mehn! but it's okay. A Strong confluence to confirm is the reversal wedge pattern in the (D ZONE) between 2.00 and 2.618 amongst price action.
Currency stability is a hot topic in financial markets today as investors prepare for meetings of major central banks in Japan and Europe. The Japanese yen registered a notable gain, trading at 147.74 yen against the dollar, as markets awaited the Bank of Japan's upcoming monetary policy meeting. The bank is expected to maintain negative interest rates, a stance...
We can see the distribution Phase as its consolidating that means it may start to fall if it breaks downward. So lets wait for the breaking of this wedge and we can ride it to book our TP. Another bearish divergence have formed on RSI indicating to be fallen soon (divergence on RSI always indicates us prior to the price action).
watch 160.73 , any break take short position and stop loss 161.5
Greetings, fellow traders! In the context of EURJPY, a discernible pattern is emerging as the price unfolds within the confines of a rising wedge. Notably, this pattern is converging towards a prospective supply zone, coinciding with the culmination of a harmonic bat pattern as it reaches its D leg. Anticipation of a market shift towards selling becomes more...