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Eurjpyforecast

EURJPY- Sell Trade Start << Lets WatchDisclaimer: the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management. _______________________________________________________________________________________________________________________________________________________ Thank you for your support!
Short
by Rapid-Trading-LTD
1
||ARE YOU THE SHEEP OR THE WOLF ? (EURJPY)At first glance when you look at this trade you clearly think its going down , which isn't wrong but its the timing that's off by a bit over time you will come to realise the same eyes you use to see the market are what every body uses too, and that makes you part of the herd and a sheep and boy are you destroyed !! this is what I see yet, many of you see bearish sentiment , my hope here is to challenge your first sight instinct but not deter its initial intent as you will observe we will be shorting this trade but for now we are looking for buying positions ,contradictory but walk with me maybe I can breach a barrier in your assumptions expecting a pullback in price all the way back to 126.6x and then triggering my shorts to see some off loading of buyers
Long
by da-bag
2
WHAT TO EXPECT? EURJPY 4h TECHNICAL ANALYSISEURJPY had an important down move, breaking out of the channel and falling for about 80 points. What to expect now? The most important levels to watch for are 124.900 and 126.000. Before entering any position i would wait and see if the market its just correcting before having a bearish continuation or if there is an inversion of the trend. If the pair reaches key support level at 124.900, respects this support and starts forming higher highs and higher lows i would search for a good buy position, otherwise safe sells are set only if the pair breaks support and breaks the bullish weekly trend line.
by Luke220600