EUR JPY SELL (EURO - JAPANESE YEN)Hi there.
Price is forming a reversal pattern to change its direction.
Watch strong price action at the current levels for sell.
Eur-jpy
EURJPY for new recent highs 🦐EURJPY is consolidating below a daily structure near to the previous recent highs.
According to Plancton's strategy if the price will break above and the conditions will be satisfied we will set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EURJPY facing bullish pressure, potential for more upside!Prices are facing bullish pressure from 1st support which is in line with ascending trendline support, horizontal swing low support, 78.6% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push up towards 1st resistance, which is in line with horizontal swing high resistance, -27.2% Fibonacci retracement, 127.2% Fibonacci retracement. If prices push even lower, prices might hit 2nd support which is in line with horizontal swing low support, 100% Fibonacci extension and 127.2% Fibonacci retracement. Ichimoku cloud is also below prices, showing a bullish pressure for prices.
BUY on EURJPYHello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it.
As we can see, the price is inside its Ascending Channel and also broke and did a Retest.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand.
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waiting for trend line respond!We are waiting for the market, and at the specified price, we will decide based on the available analysis and the market reaction to the trend line.
Long or Short?? we will see!
Let's go.
EURJPY 4hour Analysis April 5th, 2021EURJPY Long Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: All relevant timeframes point bullish and we plan to continue with that overall trend. Currently price action is breaking resistance and testing as new support around 130.000. From the current level we ideally want to see some strong bullish setups we can enter long on. Look to target higher toward key levels of resistance.
Trade scenario 2: For us to consider EJ bearish again we need to see a break of support at 130.000 first. Look to enter short on strong bearish setups after a lower high below 130.000. Look to target lower toward key levels of support.
EURJPY - Double Topping? 500 pips!EURJPY has approached our key area of interest that we've been waiting for. It seems to be creating a double top which is a key REVERSAL pattern. Watch for break of correction with stops above the correction.
Goodluck and trade safe!
EURJPY - Double Topping? 500 pips!EURJPY has approached our key area of interest that we've been waiting for. It seems to be creating a double top which is a key REVERSAL pattern. Watch for break of correction with stops above the correction.
Goodluck and trade safe!
🔄 update: 4H TF: EURJPYhello guys, EURJPY been in a long uptrend on the daily TF, we believe the pair just finished a complete impulsive wave, at the top, the price been rejected from a resistance zone, that area rejected the price 130 points on the 18th of March, check out our Youtube video, so we will short this pair, our entry is the market price, stop loss any daily close above the red zone, target 127.000, good luck.
EURJPY - SWING - 29. MAR. 2021Welcome to our weekly trade setup ( EURJPY )!
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1 HOUR
Bearish price action and pressure.
4 HOUR
Closure below main sr level.
DAILY
Very bearish price action, expecting more downside..
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FOREX SWING
SELL EURJPY
ENTRY LEVEL @ 129.290
SL @ 129.850
TP @ 128.480
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURJPY - DAY TRADE VIEWEURJPY - As per the daily candles it is expected to go down from the current levels.
My approach will be a sell here at current price 129.250
Maintain stop loss around 129.650
potential downside target 128.700 - 128.400
Follow the levels as mentioned in the chart.
Hit the like button and write in the comment section to get more such signals.
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EURJPY will move lower? 🦐EURJPY after the recent highs starts a retracement move inside a channel.
The market after the test of the support area move to the 129.350 resistance.
According to Plancton's strategy if the price will break below and the conditions will be satisfied we can set a nice short order.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EURJPY 4hour Analysis March 28th, 2021EURJPY Neutral Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bearish
Trade scenario 1: Overall EJ on the higher timeframes is bullish. On the 4hour timeframe we have been in a steady bearish trend and price action is now correcting. Currently, the level price action is at (129.400) is the deciding zone. If we reverse at this level we will be confirming a lower high in a bearish trend and will look to target lower into major support levels.
Trade scenario 2: If price action breaks resistance at 129.400 look for a higher lower to confirm a transition of trend and overall bullish continuation.
EUR-JPYshare you're toughts on this one
-- dont take it as financial advice im still learning and i can't predict the future no one can!! --
The MACD indicator is showring that the bulls are losing power.
EURJPY: Expecting a Pullback
EURJPY formed a harmonic abcd pattern.
Its completion point lies perfectly on a strong horizontal support.
Moreover, during the US session the price formed a tiny double bottom on the underlined structure.
Now pullback is expected.
Goal - 129.2
EURJPY ANALYSISEURJPY rebounded from major uptrendline with strong bullish movement
Price broke corrective downtrendline
Pair is based above support level at 128.30
Price is based on HVN at level 129.10 which indicates that pair is in accumulation phase
MACD shows bullish momentum
RSI is in uptrend above level 50
It's expected to target resistance level at 130.70
EURJPY - BIG Drop ComingEURJPY reversed from the third touch of the bigger pattern in play and there was a short entry already from the top.
The next best place to enter is after the break of the ascending wedge and a retest. Will update closer to the time,
Trade safe!
EURJPY - BIG Drop ComingEURJPY reversed from the third touch of the bigger pattern in play and there was a short entry already from the top.
The next best place to enter is after the break of the ascending wedge and a retest. Will update closer to the time,
Trade safe!
EURJPY - SHORT POSITION (4HR)CONFLUENCES:
- Bearish Market Structure confirmed by EMA Crossover in the 4hr and LL formed
- Reversal from the significant weekly resistance
- Breakout and retest from a previous uptrend
- Rejection from key fib zone
- Rejection from 50 EMA
