Scenario on EURJPY 11.12.24In this market we see an ongoing correction which appears to be a triangle, if this were the case then the price would complete 164 and go down if this formation was evaluated as a double bottom or more accurately it would be a running triple bottom and after breaking through the BOS at the 166.5 level we would be here they had a long set up.
Eurjpyforecast
EurJpy- Swing idea- Where to sell for 1k+ pips and 1:4 R:R?EUR/JPY traded within a nearly perfect ascending channel from March 2022 to July 2024. This channel, a hallmark of the pair's bullish momentum, was decisively broken to the downside in the beginning of August.
After hitting an all-time high of 175 during the summer, the pair reversed sharply, dropping 2,000 pips and breaking below the channel's long-term support.
The 155-156 zone has since acted as a strong floor, leading to two significant bounces. However, each reversal has failed to breach the old channel support, now turned resistance.
Currently, the pair is in its third bounce from support zone
This time, it is likely to form a lower high compared to previous attempt. I’m eyeing a potential sell opportunity near the 162 zone, offering a compelling 1:4 risk-reward ratio and the potential for a move exceeding 1,000 pips, aligning with the broader bearish outlook.
EURJPY possible reversal for 160.80eurjpy near to its three month support level. 156.60 & 155.90 level of interest for buying. stop below the 5th August strong support level i.e. 154.40, sl is wider, while tp is too long as 160.80.
3rd December daily key reversal bar as well, made a new low closed in the middle. reversal trade need a lot of patience and discipline with proper money management.
How to Trend Trade & Why I Avoid Trading Fridays & Mondays 👀👉 In this video, I take you through a detailed breakdown of my trend continuation strategy with the EURJPY. 🔍 We’ll explore key concepts like trend analysis, price action, and market structure, and I’ll share a simple yet highly effective method for identifying the best trade entry points. ✅ I’ll also explain why I choose to avoid trading on Mondays and Fridays and how this approach helps refine my trading discipline. ⚠️ Disclaimer: This video is for informational purposes only and is not financial advice. ⚠️
EUR/JPY "YUPPY" Bank Money Heist Plan on Bullish SideHallo! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist EUR/JPY "YUPPY" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Point
Stop Loss 🛑 : Recent Swing Low using 2h timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
#EURJPY: 156 TO 166 A total of 1000+ pips emerging! Daer Traders,
We are witnessing a bullish reversal on EURJPY and that is why we think price is likely to continue going up. With possibility of price reaching towards a level of 166 which is a key level where we have fair value gap within the chart frame. good luck
EURJPY I Potential slight pullback and more growthWelcome back! Let me know your thoughts in the comments!
** EURJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
EUR/JPY "The Yuppy" Bank Money Heist Plan on Bullish SideHola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist EUR/JPY "The Yuppy" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 4H timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
#EURJPY 1 DAYEURJPY (Euro / Japanese Yen)
Timeframe: Daily (1D)
Pattern: Downtrend
The daily chart of EURJPY reveals a pronounced downtrend, characterized by a series of lower highs and lower lows. This pattern indicates that sellers have maintained control over the market, leading to consistent price declines over time. The downtrend reflects a bearish sentiment among traders, as the currency pair struggles to regain upward momentum.
Forecast: Sell
Given the established downtrend, the forecast suggests a selling opportunity. The likelihood of continued bearish movement remains strong, as the pair has not shown any significant signs of reversal or stabilization at this point.
Technical Outlook:
Resistance Level: The recent lower high points, which may serve as potential entry points for sellers.
Support Level: Key support zones below the current price, where a breakdown could trigger further selling pressure.
Key Levels to Watch: A sustained move below recent support levels would reinforce the bearish outlook, potentially leading to further declines.
Traders should be vigilant for confirmation signals, such as bearish candlestick formations or increased volume during price drops, to validate their entry strategies.
Keep an eye on economic news and geopolitical factors that could influence the Euro and Japanese Yen, as these may impact price dynamics in this pair.
EURJPY - Look for Reversal Long (INTRADAY) 1:4!The JPY pairs have experienced a significant drop due to the recent Yen hike and are now consolidating around the HTF support. There’s potential for a temporary rejection at the Demand Zone, presenting an opportunity to go long, aiming at least for TP1.
Let's see how the market moves as we start the week!
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
EURJPY "YUPPY" Bank Money Heist Plan on Bullish SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist EURJPY "YUPPY" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 30m timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
EURJPY "Yuppy" Bullish Money Heist plan to steal everythingMy Dear Robbers / Traders,
This is our master plan to Heist EURJPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 30m timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
EURJPY I It will grow to the upside Welcome back! Let me know your thoughts in the comments!
** EURJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
EURJPY ShortFollowing the formation of two doji candlestick, which the latter did not close above the first one, I do anticipate that the price will continue with the bearish momentum, retracting to the weekly 0.2 fib level.
The entry position will be based on the outcome of the today's closing price as my proposal would be at 166.0 A detailed analysis using a shorter time frame will follow.
EURJPY Will Continue Its Upward TrendEURJPY has reached the weekly fair value gap. The price grabbed the liquidity in the 4-hour timeframe and showed signs of reversal.
On Friday, the price moved back into the 4-hour order block and surpassed the low of the 2-hour candle range before closing back in the range. This has established a new bullish order block and there is potential for it to trigger a move to surpass the high of the 2-hour candle range.
EURJPY Weekly Analysis and OutlookEURJPY Weekly Analysis and Outlook
Following a significant correction as forecasted in our previous analysis, the EURJPY pair is now poised for a continuation of its upward move. Traders should prepare for potential bullish opportunities as the pair resumes its positive momentum.
Current Market Overview:
The EURJPY has undergone a deep correction, bringing it to a more favorable level for buyers. This pullback has allowed the pair to gather strength, and recent price action suggests a shift towards renewed bullish sentiment. As the pair stabilizes and starts to climb, traders are monitoring for signs of continued upward movement.
Expectations and Potential Scenarios:
With the EURJPY set to continue its upward trajectory, several scenarios could unfold:
Primary Expectation:
Bullish Continuation: Following the deep correction, the EURJPY is expected to resume its upward move. This continuation could lead to higher price levels, offering traders opportunities to capitalize on the bullish trend. In this scenario, the pair might target previous highs and potentially move beyond, reinforcing the positive outlook.
Alternative Scenario:
Temporary Pullback: If the EURJPY encounters minor resistance and experiences a temporary pullback, traders should view this as an opportunity to reassess and look for entry points at lower levels. This minor correction could provide a better position before the upward trend resumes. Monitoring the price action closely will be crucial to anticipate this scenario.
Conclusion:
In summary, the EURJPY pair is positioned for further upward movement following a deep correction. Traders should watch for continued bullish momentum, which could signal continued gains and a shift to a positive trend. Keeping an eye on both bullish continuation and temporary pullback scenarios will be essential for effective trading strategies. Stay updated with market developments and adjust your positions accordingly.
By Piptera Digital Solutions,
Invest Wisely!
EURJPY Weekly Analysis and OutlookEURJPY Weekly Analysis and Outlook
This week, the EURJPY pair is expected to undergo a significant price correction before resuming its upward movement. This deep correction phase indicates a potential retracement in the short term, offering a strategic opportunity for traders to reassess their positions.
Current Market Overview:
The EURJPY pair has been demonstrating strong upward momentum over the past few weeks. However, recent price action suggests that a correction phase is imminent. As the market opens we expect the price to move higher a little bit above the resistance zone and then drop back below resistance zone to find support near the key support zone. As the pair approaches key support levels, traders should closely monitor the price action to identify potential reversal points. This corrective movement is seen as a natural part of the broader bullish trend, allowing the market to consolidate gains before making another push higher.
Expectations and Potential Scenarios:
Upon completing the anticipated deep price correction, we expect the EURJPY pair to resume its upward trajectory. This correction phase could provide traders with a more favorable entry point for long positions, aligning with the broader bullish outlook.
Primary Expectation: After finding support during the correction phase, the price is likely to sustain its upward movement, potentially targeting higher resistance levels. This scenario would reinforce the bullish outlook, making it a favorable environment for long positions once the correction completes.
Alternative Scenario: If the price fails to find strong support during the correction and continues to fall, traders should be prepared for an extended pullback. This scenario might provide opportunities to reassess entry points at lower levels before the pair resumes its upward trend.
Conclusion:
In summary, the EURJPY pair is poised for a significant price correction in the coming week, followed by a resumption of its upward movement. Traders should watch for decisive support levels during the correction phase, which could serve as a catalyst for continued gains once the correction is complete. Maintaining awareness of both bullish and corrective scenarios will be crucial for effective trading strategies. Therefore our expectation on this pair remains neutral as both sides of seller and buyers could have equal chances of capitalizing on the price movement at different key levels as long as our forecast remains valid. Stay updated with market developments and adjust your positions accordingly.
By Piptera Digital Solutions,
Invest Wisely!