💵Pair Name EUR/JPY Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🔗 Key Technical / Direction ( Short ) Type : Mid Term Swing —————————— Bearish Break 163.600 Area Reasons - Major Turn level - Fixed Range Hvn - Trend Break Out - Fibo Golden Break - Turn Over Trend Bullish Reversal 161.250 Area Reasons - Major Turn level /...
EURJPY formed a nice inverted head and shoulders pattern on a key horizontal support. Its neckline breakout is an important bullish signal. We can expect a pullback at least to 164.2 ❤️Please, support my work with like, thank you!❤️
EURJPY is currently displaying an uptrend, characterised by the formation of higher highs and higher lows on the daily timeframe. If the price surpasses the 165 level, it is likely to continue its upward movement towards the next resistance zone at 167. Conversely, a breach of the support at 162 would indicate a potential short-term peak and shift the bias towards...
Good afternoon guys, I wish you a good weekend, I share with you my next trade idea to start next week, the eur jpy pair has fallen back to 50 and 61.8 fibo, above the 163,500 area, above the highs of February 26 and on March 4, the MACD shows me a cross of averages, together with the stochastic, in this area which I marked with a blue rectangle, there are several...
Trade Call: Short Entry: 163.646 SL: 164.810 TP 1: 162.471 TP2: 161.295
reason: market structure = bullish fair value gap break of structure
Hi Traders ! Yesterday, The EURJPY Broke The Resistance Level (164.308 - 163.410). This Resistance Level Becomes a New Support Level. So, I Predict a Bullish Move 📈 ------------ TARGET: 166.400🎯
EURJPY En: Black Sl: Between Red Lines (1% of your balance) Tp: Green (Check the picture or tradingView for Numbers) Cancel if Tp crossed without opening #240Min_trade #N48
As you can see, the price created equal highs defined as our final target. There are two possible scenarios. Personally, I prefer to see the price move lower once again, and after collecting the sell side liquidity get support from the mean threshold of the order block and the midway of the bullish daily FVG, then we can look for the LTF for entry. It's a...
Hello,Friends! EUR-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 159.920 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
Currently long bias on EJ due to the daily and 4h uptrend correlation. Further consolidation around the plotted 4h HL may provide evidence towards continuation once a respected pattern shows a momentum shift of price and strong breakout. What's your plan for EJ?
EURJPY set a new higher high higher close on a daily, violating a key horizontal resistance. I will expect a bullish wave after a pullback to a demand zone based on a broken structure and a rising trend line. Next goal for buyers will be 166.9 ❤️Please, support my work with like, thank you!❤️
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
EUR JPY has formed a double top at the weekly resistance level The market has broken out of the neckline, we need to see a retest before looking for entry short.
Historical data analysis indicates an 86% probability of EURJPY falling below 154.000 for a new low on the weekly timeframe, suggesting potential selling opportunities in the coming weeks. While our bearish outlook primarily focuses on the weekly timeframe, it's crucial to consider both higher and lower timeframe perspectives for more accurate trading decisions....