Hey Guys!
As you guys know, the assumed weekly bias was short. Or in other words, price is likely to reach 114. 40 before reaching 133.68. (Though the main target has changed. Explained in the video.)
However, due to long confirmation forming on the 1h chart for the last 2 weeks, I did not take any further short entries. That said, I did take a loss of -$1800...
D: Downtrend. Price broke support, hit -61.8 and reversed long towards daily trendline
4H: Uptrend. Price retraced to 23.6 and continued to -61.8 + Bearish divergence
1H: Uptrend. Price retraced to 23.6 and continued to -61.8 + Bearish divergence
CURRENTLY:
I am looking for price to break current zone and sell to previous minor support / resistance area @ 4H...
Eurjpy triangle about to break , as soon as the day candle closes above and retest , am holding till to , about 2000+ pip to milk here , Jpy is a dead plug
✅EUR_JPY will be retesting a resistance level soon
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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Retracement is possible for this pair.
The JPY has been depreciating heavily since this morning.
We expect the pair to return 61% of the total move and so back to the MA
EURJPY looks quite overbought.
The price formed a tiny double top pattern on 1H time frame.
I expect a bearish move to 131.0 / 130.27 levels.
❤️Please, support this idea with like and comment!❤️
EURJPY has been moving in a down trend for serval day. Current price action suggests that the pair might be in for a short term bullish correction.
The patterns we spotted which are in line with our short term up trend basis include an inverse head and shoulders pattern in Daily and H4 time frames
with the H4 being the more clearer. We have also spotted a...
Hello my fellow Investors and Traders
Price just Hit my Target for a nice 1:11 RR Trade
Link to setup and trade management below ⬇️
New setups coming soon
Patience pays.
Hey Guys! Just a quick update!
As you guys know the current weekly bias on the Eur/Jpy is still short. Or in other words, price is likely to reach 114. 40 before reaching 133.68. (Though the main target has changed. Explained in the video.)
In this video, I explain the short position I'm currently holding and the reasons why I took the entry, as well as how I...
144.000000000000000000000000
Attempt to break this level few times. Will be great!
All the best guys.
Have right mind to hodl. Not for shortterm position.
Hello my fellow Investors and Traders,
This is an update to my previous analysis Yesterday on this pair.( link below )
Price provided a valid bullish entry according to the confirmation of our Edge.
Price is at +3R, Time to secure partial profit and let’s see what happens next.
Patience Pays
