EUR/JPY Technical Analysis
The counter had multiple supports- trendline, bullish flag support and price action support.
But it has broken all the levels and bulls are trapped big time.
Hence, we expect some long unwinding move in the counter.
Eurjpyforecast
EURJPY / SHORT / BIG MOVESPatiently waiting for this to break trendline then we wait for the pullback and boom
EURJPY, BREAK OR MAKE.*ENG*
- EJ is now sitting at our stress zone, we will be looking for a long position around this area.
- If price breaks, start looking for a retest in order to enter short.
*PT*
- EJ está de momento na nossa zona de suporte, iremos procurar posições de compra por volta desta zona.
- Se o preço quebrar, iremos começar a aguardar pelo retest em ordem a entrar short.
EUR/JPY: swing SHORT TRADE setup and parameters 126.50 to 128.00 is SELL zone, in principal the overshoot is taken into consideration and is part of the plan
128.50 is strict STOP level
I do expect certain kind of lower move anytime by Tuesday's close. when happens just lower the stop to lock some gains. closing some portion is also okay. of course there many more money management strategies that can be used to maximize the gains. but I approach this sharing to help beginners and also the professional ones as the quality of this trade plan is high grade.
the target is clear and sort of minimal. of course, I repeat, there are many ways to increase rewards and decrease risks. but for now let us stay with the TRADE.
feel free to contact me and we together may check ways to be focused to serve your individual trading needs/targets better.
as always, good luck !
EURJPY Short AnalysisEURJPY long Analysis. Trying a strategy of trading, been backtesting for some time now.
EURJPY BUY Limit @ 125.500 Sl 123.800 TP 127.650 Strong Eur. weaker JPY. 50% pullback into the structure.
Look for long entry on EURJPYWait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a buy limit.
EURJPY Hourly chart analysis: price at the top of the channelEURJPY is moving inside a price channel on the hourly chart for the last couple of weeks. Currently, it has reached the top of the price channel.
Ther's a chance that EURJPY may drop back to the bottom of the price channel in the next few days.
Look out for bearish price action at the top of the channel and sell EURJPY with TP at the bottom of the channel.
EURJPY Short AnalysisLooking to see some bearish pressure and a break and retest of this possible Hns.
EURJPY H1 LONG PRICE ACTION FORECAST The bullish impulse on the Euro is showing across the board, expecting a pullback to retest the broken ascending trendline from a higher domain in D1 to further uptrend continuation.
The pullback level for entry is also aligned with the golden Fib level 6.18, where a buy limit could be placed with a TP at a previous support level working now as resistance.
The order:
Type: buy-limit
S/L: 51 pips - R:R | 1:4 -
T/P: resistance level
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Look for Short entry on EURJPYWait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a SELL limit.
Look for Short entry on EURJPYWait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a SELL limit.
EUR/JPY could go UP!Hey tradomaniacs,
looks like EUR/JPY could continue its way upwards after the previous retest of the triangle.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
EUR/JPY Update: Guys're In +40 Pips In Only 12H Congratulations Disclaimer : 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.
EURJPY [1H] Very easy to following 🔥🔥🔥🔥🔥EURJPY Very easy to following 🔥🔥🔥🔥🔥
EURJPY Look on 1 DAY Very strong buy and now TF1H will pullback to Support and will climb again
❓❓❓ How to trade ❓❓❓
wait untill candle pullback or hit on channel trend or support line (look support price)
again 🔥🔥🔥 If break down NO TRADE if no hit anything NO TRADE 🔥🔥🔥
🚀 Resistance ✅ 125.920 + -
🚀 Support 🟢 124.7xx - 124.8xx +-
Uptrend continuation expected, buy the dipsEURJPY market structure remains Bullish and price is above the 100H EMA. So, a continuation of the uptrend is expected.
I would be looking to buy the dips near 124.30-124.65 with SL below 124 and TP at 126.
Watch the area that I have highlighted in my chart. Buying here carries the lowest risk because your TP would be big and the SL would be small.
Watch for bullish price action near this highlighted area and buy with the above targets.
EURJPY SHORT!Pair name - EURJPY
Action - SELL/SHORT
ENTRY - 124.60
TP - 123.93
SL - 125.90
TRADE STATUS - OPEN
EUR/JPY Buy on H4uptrend market. going up respecting 50 EMA. Broke and closed above daily resistance 124.30. uptrend continuation is expected.
EURJPY H4 SHORT PRICE ACTION FORECAST Price is currently testing the 200MA and fighting to break it while acting a resistance level from the weekly realm. The pair's strong bullish bias remains intact, but we could expect a healthy correction to gain additional force to continue its uptrend movement.
Now, dipping into H4, confirmation needs to happen before placing a short entry. Price should break the ascending trendline and retest it to have a valid sell order.
The order:
Type: sell-stop
S/L: 70 pips - R:R | 1:2.3 -
T/P: previous resistance level
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EURJPY Long Trade Plan Hello traders, here is the analysis for EURJPY. NOTE please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
