EURJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Eurjpyidea
EurJpy= Best place to buy for 1:5 R:RAfter the June high of around 1.34, EurJpy corrected and found strong support in 1.28 zone.
October is a recovery month for this pair with the price rising back above 1.3 important figure
Now the pair is in a minor correction of the recent leg up and I expect continuation to the upside
1.31 can be a good place to buy and long term traders can target 1.5 zone
Recent 1.34 high can also be a good place for TP for shorter-term traders
This scenario is negated if the price is closing under 1.2750
EURJPY Potential Short swing into 131.000Seems like it is going to make its weekly higher low.
Here are the Confluences;
a. 4H/1H Lower low
b. Head and shoulder pattern
c. 1H Trendline
d. Structural Zone
e. Previous weekly closure doji candle
Main Take-profit target is 131.000 Major psychological level which might also hold a liquidity due to consolidation that happened in that level.
EURJPY , Its time to sell Hello everybody
In this chart , we have zone that support price to go up and now this zone changed to resistance and pullback to it and now its time to sell
Another reason for take this sell position is the key
( Key : its the zone that can change the trend )
We are only positioning that follow the trend , the trend is downward and now we are only selling because of the trend change and have pullback , its time to sell
Dont forget stop loss and save profit and risk free your position
Good Luck
Abtin
EUR/JPY Full Analysis , 2 Long Setups Valid After Daily Closure This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURJPY Dual-Direction AnalysisWait for confirmation on level 129.500 for buy/sell
Overall Reasoning:
- Level 129.500 has shown good reactions in the past (Scroll back to see)
Sell Reasoning
- Trend line was broken with a strong bullish push causing a S&D imbalance which is expected to be filled and retest trendline
- Overall trend is still bearish (Unless price rejects level 129.500 and moves higher)
- Wait for a break and retest of 129.500 level to sell.
Buy Reasoning:
- Price formed a long-term double bottom on level 128.000
- Broke previous lover high (Red), waiting on a retest.
- If price retest level 129.500 with bullish confirmation, look to go long. (Aggressive)
- Wait for a considerable retracement between 129.000-129.5000
EUR/JPY Running In 55 Pips From Last Analysis And New Update NowThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Best Area To Put Your Buy Order On EUR/JPY And Get 200 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EUR/JPY Trying To Make Head And Shoulders , New Short Setup HereThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EUR/JPY Full Analysis And 2 Setups In This Video To Get 200 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURJPY-Short#EURJPY
Market has pushed back from resistance level.
In daily timeframe market is repeating history.
Looking forwad that pair will form Heada&Shoulder pattern.
At the same spot i am seeing descending channel and currently market has pulled back into it from resistance.
So all things supporting strong sell. Don't miss opportunity.