EURJPY Is Heading To The Top EURJPY broke out of a strong resistance zone during the last hours and is preparing for the next bullish move. The higher we go, the more bullish volume will begin to weaken, because soon the price will test a very strong zone. Fading hopes of a possible YCC change from the Bank of Japan is pushing all XXXJPY pairs closer to their...
The pair has climbed and we should now considering re-sell the pair. The stochastic is high up and the pattern provides a little clue that we may topple a bit. my feel is we will, but as always we keep a reasonable SL for the strategy. Strategy SELL @ 161.30-161.55 and place SL above 162.27 for now and take profit @ 158.27.
I think we are hanging around a nice supply zone. it could be a bit risky shorting the price here as we are in a strong bullish run. But I think it's worth the shot to get a nice RR of ~5
Break of channel and cross of MA 100, 200 in 4H TF favor more upside cable. Use proper risk management
Hello Traders ! On Thursday 07 Dec 23, The EURJPY Reached a Support Level (155.372 - 154.420) The Price Formed an Ascending Triangle Pattern. The Resistance Level is Broken. So, I Predict a Bullish Move📈. ----------- TARGET: 161.210🎯
As per my longer term EURJPY video idea last week I have now entered short waiting for the 73% fib to be hit which is my preferred level on retracements. It's a longer term trade so need to let it play out
As per the video entries around now or next week looking to hold on to the short for a while stops where you're comfortable but great risk reward.
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: We can see here that price changed the character and started to form higher lows and higher highs, so I look for a long position. I want price to make a retracement to fill the imbalance lower and then to reject from institutional big figure 159.000 Like, comment and subscribe to be in touch...
Intraday bias in EUR/JPY stays on the upside at this point. Current rebound from 159.58 is in progress for a projection to 160.922. A very clear entry for go long for us to open buy trade
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🎯