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Eur-jpy

EURJPY on a daily support 🦐EURJPY after the attempt to break the monthly trendline got rejected. The price which was moving over a dynamic trendline broke below and now testing an important daily support. IF the price will break below, according to Plancton's strategy, 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.
Short
by InkyGrip
16
EURJPY 4hour Analysis January 10th, 2020EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Overall price action is very bullish on this pair and we recently saw a major break of resistance at 126.500. From here we want to see price action pullback to form structure near our 61.8% fib level. Look to enter long on bullish confirmations after we see a higher low form. Trade scenario 2: For us to consider short scenarios we need to see a break and retest of 126.500 with a confirmed lower high below. Look to enter short and target lower toward major levels of support.
Long
by ForexLeague
Trade Analysis- EUR/JPY - LongEUR/JPY(1HR) The pair has been moving to the upside creating higher highs and higher lows showing bullish momentum. We then saw price move back and forth, ranging between support and resistance levels. Price then had a push down to break out, although pushed back up and left wicking on the last candlestick. Could this be a fakeout and another push to the upside? I believe so. To enter a long position, i would like price to push up above our 20 EMA, and give us a clean retest before entering.
Long
by ashtogzuk
EURJPY testing a minor resistance 🦐EURJPY on the 4 h chart broke the range between 2 structures. The price is now testing a minor support over a dynamic trandline. According to Plancton's strategy if the condition will be satisfied we will set a nice long 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.
Long
by InkyGrip
4
EUR/JPY Multi Timeframe Bullish AnalysisGood morning traders, today we want to share with you our weekly chart analysis on the EUR / JPY pair so that you can see why we consider that it has great upside potential. In addition, we will detail the short-term vision, which supports the long-term vision. 🔸In the Weekly chart, we see that at the beginning of the year the price bounced in a strong support zone, and since then the upside move has not stopped. 🔸Along the way, it broke out of the Descending Trendline, but began to retrace once it faced the resistance zone, and has since consolidated for the last few months. 🔸Now, we see that it is back in the area, retesting the local highs. 🔸If we reduce the timeframe, on the 4H chart, we can see that it is a clear cup and handle pattern. 🔸We consider that it would be safe to wait for a clear breakout from the current consolidation to be more certain of the move.
Long
by ThinkingAntsOk
EURJPY 4hour Analysis January 3rd, 2020EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Still very much bullish on all relevant timeframes. We recently saw a break of resistance at 126.500 but price action failed to confirm a higher low. Ideally we want to see a higher low above 126.500 before we enter long and target negative fib levels. Trade scenario 2: For us to consider short positions we need to see a lower high formed below support at 126.000. Target lower toward significant support levels.
Long
by ForexLeague
Will The Bearish Harmonic Be Respected?We got a strong bearish harmonic on the daily and a 2week+ consolidation that happened with this pair. I'm looking for a strong short to occur beginning this week once we break out of the consolidation zone. I'll be sitting in this trade for a while once it begins the nosedive after that. Otherwise, price has the potential to make to the monthly level before it does a pullback retesting the large range. This will be a fun pair for the month of January. Here is your starter TPS for this swing trade. BEAR TPs: • 125.981 • 125.598 • 125.124 BULL TPs: • 127.011 • 217.233 • 128.038
by NikaJourney