EUR/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURJPY has been overall bearish , trading within the falling flat wedge pattern in red.
Currently, EURJPY is approaching the upper bound of the channel acting as a non-horizontal resistance.
Moreover, it is retesting a demand zone marked in green.
🏹 Thus, the highlighted...
Hello Awesome Traders!
Let's take a closer look at EURJPY today. The price action is currently indicating a rectangle channel, and excitingly, the price has just broken above the UPPER TRENDLINE at 165.363!
Here are the key levels to watch:
UPPER TRENDLINE BREAKOUT: 165.363
Mid: 163.803
LOWER TRENDLINE BREAKOUT: 162.294
With this breakout, we're eyeing...
OANDA:EURJPY
The pair is extremely overbought also shows signs of divergence. A clear doubletop is forming. At the moment the price action is largely dependent on BoJ decision, but it seems that it is ready to support the Yen. The trade is risky, but the reward is considerable.
EURJPY formed a rounded top near dynamic resistance and returned to the ascending channel.
The chart has formed a pattern AB=CD.
The past touch of the dynamic resistance ended in a reversal of the move.
We are expecting a pullback.
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Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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EURJPY OVER-BOUGHT ZONE. 📚
👉As we can see price is still overall bullish trading inside this channel, making clean higher highs and higher lows.
👉Meanwhile, price recently broke above our previous major highs, to be trading...
Hello,Friends!
EUR/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 6H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
💹 Let's analyze and review this forex pair together.
🌐 Outside of the chart, we're witnessing the weakening of the Japanese yen in the long term, with bullish market cycles against the dollar and the euro. Over time, this currency is gradually losing strength compared to global powers.
💰 In the weekly timeframe, we're entirely bullish and encountering...
USDJPY is rising toward the pivot point close to the 161.85 extension and 100% Projection and could fall to a support level
However, a break above the pivot might lead to an ascent towards the next resistance
Pivot: 166.98 - 167.20
Support: 165.33
Resistance: 169.46
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you...
Could this be a possible sell for EURJPY? The market is currently reacting to a major area, there's been signs of rejection on Daily TF. The lower tf 4HR is showing a chart pattern for sell. Let's see how this will play out.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Price is falling towards a support level which is a pullback support that aligns with the 23.6% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 165.195
Why we like it:
There is a pullback support level which aligns with the 23.6% Fibonacci retracement.
Stop loss: 164.439
Why we like it:
There is a pullback support level which...
Good day,
EURJPY has the potential to pulse up and drop at the H1, and bearish interest is more below this level (164.710).
The price movement followed the ABC price sequence with the H-L-HH SND pattern, and with the waves maxing out, a drop is possible to go below the lower low.
The bias is 163.713 to the low of 164.700, with two potential price targets. And...
✅EUR_USD is going up now
But a strong resistance level is ahead at 165.336
Thus I am expecting a pullback
And a move down towards the target at 164.650
SHORT🔥
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