EURJPY is ready for a big reversal as it is heading towards strong selling zone on daily timeframe . Sell now & hold the trade for the TARGETS mentioned
After a successful rising wedge, I suppose we can only expect a breakdown, which would ultimately follow with a further downtrend.
EUR/JPY short position could be well anticipated.
Hello everyone, if you like the idea, do not forget to support with a like and follow.
DAILY: Right Chart
EURJPY is approaching a strong resistance in green and upper brown trendline so we will be looking for sell setups on lower timeframes.
M30: Left Chart
EURJPY is forming a channel in red but the lower trendline is not valid yet, so we are waiting for...
The euro is at a significant resistance level. I myself have opened my selling position since Friday and kept it until I see the Monday market. I think it will give me a good profit.
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis
Based on our view the price will drop to the monthly level
DISCLAIMER: This analysis can change anytime without notice and it's only for the purpose of assisting traders to make independent investments decisions. Please this is a PREDICTION and I have no reason to acts on it and...
Hello, Friends!
A recent breakout signals
That the bears are still strong
And I am growing in confidence
That a bearish selloff is coming!
SELL!
✅LIKE AND COMMENT MY IDEAS✅
EURJPY has formed an ABCD bullish pattern on its daily chart.
The price is trading below the entry level 125.797.
Potentials targets to the upside...
TP1 128.068 61.8% BCD
TP2 129.013 78.6% BCD
TP3 130.258 100% SYMMETRY BCD
Here is our technical outlook on EURJPY.
Our analysis is based on fundamental & technical metrics.
According to our chart EURJPY is trading within a resistance area.
Based on our view the price will dump.
Please, leave a comment and support us with like.
❤️ Please, support our work with like & comment! ❤️
Based on Simple Technical Analysis ( Trendline + Support & Resistance )
Market is Completely Unpredictable Because of The War, So Trade With Caution
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or...
Hey guys, hope yall had a profitable week
As you can see here on this EURJPY 1h chart, the price saw a stop-hunt higher time frame candle wick that is seen as a break of structure on the lower time frame, such as on this 1h chart, even though the price made a break of structure (BOS) to the downside, we are assuming that the price wants to up and make another...
