Possible Cup and HandlePossibly a cup and handle pattern transitioning the handle segment currently. This is on the monthly. 50 EMA and Fib overlay. I'm fairly new to this so don't hate. EUR/JPY
Eur_jpy
EUR/JPY One more jiggle before another down move.Eur/Jpy getting ready for a down move, if price gives another jiggle that's good.
sell EUR/JPY (W1)sell @ 116.70 for 1.1620; stop @ 117.70
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sell EUR/JPY (W1)sell @ 114.23 for 1.1373; stop @ 115.23
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EUR/JPY - SHORT!Above shows an overview of the previous 3 years of the EUR/JPY. Above i have highlighted what i believe are a few key support levels in watching the meltdown of the EUR/JPY. The market has been consistently bearish for the past 12 months, and after the break of 120.00 we have seen a further decline to around 119.00. I believe once we see a break of the previous support set in 2013 of around 118.700 we could see a further decline to at least 117.00 very rapidly. Let me know your thoughts and trade set ups for this bearish pair.
Eur/Jpy Longterm UpI see we can go as low as 119.400 (stoploss) before returning up.
But then we go back to 124.400 (take profit 1) or even 127.800 (take profit 2)
EUR/JPY - 3 Year Lows. EUR/JPY is now at 3 year lows since falling below the support level of 2016 lows. Expecting this pair to continue trending downwards to around 120.00 mark, previous support level below this point were around 119.50.
EUR/JPYEUR/JPY is in a downward parallel trend. After a recent bounce of this parallel trend line it has retraced 61% and held strong. My target for this pair would be 12039.1
LONG ON EUR/JPY BUY!maybe first a little bit down.
if support line don't break then long, otherwise maybe short.
EUR/JPY BEARISH BAT & BUTTERFLYbat pattern sell order has been triggered potential butterfly just above
EUR/JPY HPF BUYNice HPF setup here on the 30min EUrR/JPY for a buy.
Stop Loss: Below L2
Targets: Target 1: Retest of H1
Full Target: Length of H1 to L1 projected when the market breaks H3.:
