Eujpy
EURJPY is preparing for a rise!!EURJPY (4H) is forming a strong bullish price action with a double Doji and liquidity grab from the daily support zone. As long-term price action is bullish, it is a high probability that eurjpy will continue to rise as JPY is weakening, lower timeframe price action is bullish.
A buy trade is high probable from this level of support.
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EUR/JPY Resistance 🔪 Right now!! On EUR/GBP is nice to see strong sell-off from the price 0.834 , there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
EJ Weekly Outlook Potential for large downside on EJ. Weekly supply orderblock was mitigated and uptrend was broken, Internal liquidity was mitigated to turn price around so next possible target is the previous weekly low as an external liquidity target.
EURJPY Short Trade PlanHey traders, here is the analysis for the EURJPY. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
EURJPY Sell ShortEURJPY is showing a bearish trend while the 50 EMA shows that the market is now ar lower high position.
We should sell this pair from now to 119.190 with a stoplosss from 119.875
