EurJpy- Sell rallies for 130 breakEurJpy has had a strong 7 months bull run lasting till the beginning of June
After breaking under trend line support, on 25th of June retested and confirmed the break and has started to roll back down.
At this point the pair is trading just above psychological 130 support and above 129.70 technical one and I expect a break under and continuation.
I will look to sell rallies for a 127 target and only EurJpy above 131.50 would negate my bearish outlook
Eurjpyidea
EURJPY analysis on 4HMy analysis on EURJPY is very simple. Last week the market broke below it's lower by making new lower low, but last Friday it pulled back with a bullish movement and secured a close above the pevious lower low. Next monday morning i am hoping that the market may push back down to 130.30 area and if changes the structure it am going to look for the market to go near 121.60 area, an area where the minor down trend started. Which will be my potential sell area after several price action confirmation. After that we might see an impulse break down to the daily low or even lower as we are still in downtrend.
Please leave out a comment stated your opinion.
EURJPY Got Rejected After Retest
Welcome back Traders, Investors, and Community!
Hi Traders, EURJPY on H1 has broken below the Support and has retested it, got rejected by a large red candle followed by several red candles which indicates we have the potential to go lower but before going lower it might go up to around 131.54
⬇️Sell now or Sell at 131.54
⭕️SL @ 131.96
✅TP1 @ 130.75
✅TP2 @ 130.20
✅TP3 @ 129.55
We will have more FREE forecasts in TradingView soon
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Have a Profitable Day
Tuesday: EURJPY - Week 26Hello Traders! Check Related ideas for market context!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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Monday: EURJPY - Week 26Hello Traders!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
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Friday: EURJPY - Week 21Hello everyone! I'm hoping to reach lots of people here on tradingview and create a community where we all share and help each other in becoming better traders, so please, comment and share your ideas and thoughts in regards to my posts! :)
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
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💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Tuesday: EURJPY - Week 21Hello everyone! I'm hoping to reach lots of people here on tradingview and create a community where we all share and help each other in becoming better traders, so please, comment and share your ideas and thoughts in regards to my posts! :)
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.