Eurjpyforecast
EURJPY possible short tradePossible short setup on #EURJPY
Wait for Elliot Wave to be completed on point 5.
121 in an important resistance level, as well
SL 121.9
TP 118.45
EURJPY 4HR. Price at Buy-Zone; Long w/ Confirmation OR Counter! Failure/ rejection at Buy-Zone could see retest of trendline through lower targets:
116.663
115.602
115.221
113.389
Note: Idea is to complement your research.
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EURJPY POSSBILE BREAKOUT DOWNWARDSEURJPY possible breakout downward since EUR is very weak during this period of pandemic.
EURJPY Long Opportunity1st bullish target 119.6
SL 118.26
If price clears 117.9 I'll look for downside opportunities back down to 116.5
EURJPY technicaly based forecast
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I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 EURJPY technicaly based idea, technicaly indicators showing we can expect higher bulish market continuation, we can see good bulish candels formation, price is break fibo 0.382 which can represent strong support, expecting to see push in price till 0.6 FIBO on 0.6 FIBO is and next support line.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
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All best, good luck!
EurJpy- a new drop to 116?The rise from 116 is not convincing at all and EurJpy encounters strong resistance and sellers just above 119.
The pair looks like is preparing for a drop and 116 could be the target.
Looking to sell this pair
EURJPY short oppertunityhey guys, there is a selling opportunity in EURJPY.
Based on Minor structure label....
and Trend line breakout strategy
And there are 2 entry points. how much risk you can tolerate in this trade, that's your decision.
And there is also the 3 TP area you can use....... and that depends on how much do you want....
Good luck everyone...
EURJPY approaching support, potential for a further rise!
EURJPY approaching support at 117.647 where it could potentially rise further to 118.943.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURJPY Buy if...Buy EURJPY if we get a 4hr bullish closure above 129.350. The key word is bullish. We need either a big body bullish candle with very little wick to the bottom and top or a bullish hammer.
EURJPY Sustaining Critical Support ZoneEJ As you can see in my previous analysis, Target has reached successfully.
As you can verify also.
Now price has consolidated, Battle took time but finally Bears lost the momentum.
Bulls are taking over and again 1W,1D,4H all supports didn't breach.
Hoping to go LONG once market opens .
Share you thoughts as well :)
EUR/JPYLongterm position for EUR/JPY.
This will take some days but the main target in my analysis will be reached because of Support on H4 and Daily Timeframe which is holding with Trendline too.
EURJPY LONG! 3 WEEKS IN THE MAKING, TIME TO BURST!Idea is to complement your research.
Check comments section for future updates on idea.
Like this idea?
Like, Share, Follow, and Support channel for future content.
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EURJPY bounced from intermediate support, potential for a rise!EURJPY bounced off 117.876 where it could potentially rise further to 120.360
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURO / JAPANESE YEN (EURJPY) DailyDates in the future with the greatest probability for a price high or price low
EURJPY Short term SELL STOP 119.044Downward trend on multiple timeframes, combined with fibonacci retracement and exponential moving average crosses, I've come to the conclusion that it is sensible to place a SELL STOP at 119.044.
EURO / JAPANESE YEN (EURJPY) WeeklyDates in the future with the greatest probability for a price high or price low
EURO / JAPANESE YEN (EURJPY) MonthlyDates in the future with the greatest probability for a price high or price low
