Anticipating going short this week on EUR/JPY. Confluences: Major underlying imbalance. 3rd phase of liquidity swept. Double top formed at highest 3rd phase sweep. Follow me to Stay updated and for more trade ideas.
Hello everyone i hope every one have a great profitable week.. EURJPY is on strong buy on bigger time frame the sell trend on smaller time frames is the correction of bigger buy trend, price now reach at main support level and also lower low of bigger buy so its a place to buy.(trend is your friend ;) ... WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN...
EURJPY :- Ascending triangle pettern breakout wait for the pullback then entered the trade Entry =159.200 Target = 165.200 Stoploss = 157.200
My dear subscribers, This is my opinion on the EURJPY next move: The instrument tests an important psychological level 160.62 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 159.17 My Stop Loss - 161.35 About Used Indicators: On...
Time frame 2H......Waiting for eurjpy to complete to the upwards resistance and starting to sell down where it will be forming right shoulder and complete it as a full pattern which is namely:Head and Shoulders!❤️
EURJPY is making higher highs and higher closes, indicating a bullish trend. Price broke and closed above the resistance level that became support. The market is creating an AB=CD pattern. We expect a breakout of the level, a pullback to it, and then a continuation of the trend. ------------------- Share your opinion in the comments and support the idea...
My previous idea had a SL above 161.17 somewhere. However, I prefer to abort around 160.50 or market price, if seen. I feel SELL level should be further out, and likely around 161.37 or slightly higher. reason is, we have lifted of some support levels and this provides fuel to the move higher. For now strategy is SELL @ 161.37-161.55 and place SL above 162.07....
The pair as mentioned before, has seen higher levels, and that means when in SELL mode it should make sense regarding the levels to enter. the current pattern being build, is likely an s/h/s pattern, slightly lopsided but yet it could be such a way. considering that we should SELL in th current market levels. Strategy SELL @ 159.70-160.10 and place SL above...
As We Talked in The Previous Analysis: The EURJPY Reached a Support Level (155.372 - 154.420) The Price Formed an Ascending Triangle Pattern. The Resistance Level is Broken. Currently, The Price Pull Back to Important Structure and Now it Will Continue its Bullish Movement📈 TARGET: 161.210🎯
we have a daily ICI and we are currently restesting 4h EMA looks very good in our favor
-Previous Day candle closed bullish. If we are looking for buys we will take on until 11th Jan 24 1 hour order block. - If we are looking for sells we take on until 11 aug 23 bullish candle open. - Wait for 1 hour candle to close above or below zone. -We risk 3% of our capital. Close trades once price reverses to opposite direction and 1 hour candle closes in...
EURJPY -Weekly_Bullish,BOS to the lows@154,336(potential reversal zone) -Daily_Bullish,creating HH,HL ,Price is headed to a area of high confluence(FIB,untested daily support) 4HR_ we will wait for support resistance form before any shorts taken #BYKCAPITAL #LETESEAT
To train your eyes to see a move over time you'll see the move, don't waste time take the trade with care risk management. Be patient and allow the price to move in your direction, once you can spot `a reversal wedge patten within your D zone.. you are in!
Trading the immediate 2h structure long, if i ll see the confirmation on the 5m timeframe... if not, i ll let it fall lower, using those zone precautions
Im Bullish for a few more days untill i ll be a little more cautious, following bullish, unless it displaces bearish from that supply. Here are weeks of price action. But mostly i ll confirm my 1d orderflow with 2h, take the new bullish displacements long untill the target highs, or go bearish if there s solid displacement below key lows.
FOREXCOM:EURJPY This is my re-entry trade for EUR/JPY. Analysis is the same as the previos idea, however i adjusted my TP to the low of the previous candles. .618 strong 4H retracement reversal is my key indicator for a short-sell. Also, plan on riding this down with multiple short-term trades. If it hits stop, I will wait about 12 more hours until i consider a...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Price at a key retracement level Po3 in play Bearish RTO 20 pip sweep of equal highs