Eurjpyidea
EUR/JPY New 2 Short Setups To Who Missed The First One 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 to rise to 132 resistance?EurJpy is in a clear uptrend for quite some time now and, from the beginning of the month the pair is consolidating gains just under 130 important figure.
In my opinion, this resistance will fall and EurJpy will rise to the next resistance at 132
That being said I will search for opportunities to enter long on dips around 129 support
A dive under 128 would negate this bullish scenario
EUR/JPY Technical Analysis.Hello traders, EUR/JPY is trading at 130.47. The Pair is trading in resistance and support wedges in a sideways trend. As the price is moving towards its resistance level it can rebound back to its support level. If the price breaks the entry price at 130.37, then it can touch its support level at 130.19 and if price breaks the support level then it can touch its second target at 129.98.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
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Thank you,
Rishikesh Lilawat
EUR/JPY Sell on Butterfly and completion of Garthley patternEUR/JPY have completed 5 wave in Elliot wave sequence and it is currently in ABC waves. A wave has been established and so has B. With termination of B wave I'm expecting a move towards C to 127.2% of XA move. Also I have noticed that pair is moving in Butterfly formation. With completion of Wave B it was a completion of point D in butterfly formation as well. Trade is Sell towards C and due to Termination of D move in Butterfly pattern. Stop loss is above point D (B in ABC) and Take profit at 127.2% XA move or 1:4 Risk to Reward.
EUR/JPY Running In 70 Pips Profits And New Entry Avialbe 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 – New Week Analysis – 5-Apr-21
📈 BUY ZONE – 129.563 to 129.063
🔷 Take Profit 1 - 129.763 (20 Pips)
🔷 Take Profit 2 - 130.063 (50 Pips)
🔷 Take Profit 3 - 130.563 (100 Pips)
⛔ Exit / SL - 128.563
There is potential for the price to move higher, wait for the pullback into the BUY ZONE AREA for entry after we notice the confirmation for price reversal to take place. Price expected to reach again the previous HIGH around 130.600 region.
EUR/JPY Very Near To Amazing Sell Area 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 New Setup To Catch 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
What i see in EURJPY. G'Day Guys.
Here some overview for EURJPY pair. Please note, this reference is for educational purpose only. You might follow or just for the idea. FYI, i will open my position based on my own R:R and smaller Time-frame setup. This is normally i use for reference. As my idea is, i already know what the Big Boys would like to do coming next 12 months. My jobs is to taking advantages on the markets weaknesses. Come and comment on this idea. Trade setup will be updated time to time.
Cheers.
EURJPY - Diagonal PatternIn the weekly chart, the Triangle pattern is broken and the uptrend is almost being confirmed
(Weekly Chart )
In the daily chart, by completion of Wave 2 in the range of 114.39, the uptrend has started in Wave 3, price is currently in this wave of which the targets of the uptrend can be in the range of 133.
(Daily Chart )
In the 240-minute chart, the wave counting has shown that, corrective movement of wave 2 from sub-waves of wave 3 has been finished in the range of 38% Fibonacci ratio. The most important point is that the Diagonal pattern has been shown in the one-hour chart.
By crossing the price from the range of 128.66, this scenario will be confirmed.
2/27 - EUR/JPY Pair looking to continue uptrend in 20212/27 - EUR/JPY Pair looking to continue uptrend in 2021
1. Looking like 3rd wave of primary building.
2. Should see a little pullback here to 126 area for 4th wave of intermediate, then a continued assent to 132-133 area = next Fib ext and some price resistance.
3. Should see 5th wave to 200% Fib and price resistance at 137.5 in 2022.
EURJPY 22 - 26 FEBANALYSIS
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DAILY - BEARISH (ENGULFING + REJECTION WICKS)
4HR - BEARISH ( BREAK OF HIGHER LOWS)
PLAN OF ACTION
================
IM EXPECTING PRICE TO COME RETEST 128 MINOR ZONE ON 4HR THEN WE TAKE SELLS IN LINE WITH THE HIGHER TIME FRAME INDICATION
SELLS:
ENTRY @ 128 ZONE
EXIT AT 127 ZONE OR BELOW
SL ABOVE THE 128 ZONE
IF NOT THEN PRICE WILL BREAK ABOVE THE 128 ZONE AND WE PUSH UP THUS TAKING BUYS
EUR/JPY Signal (H4 Timeframe) Looking BullishHi Traders
EUR/JPY Signal (H4 Timeframe)
A medium to high probability, entry to go LONG is forming @ 128.443 after the market found support @ 127.300. Only the downward break of 127.300 would cancel this bullish scenario.
Trade details:
Entry: 128.443
Stop loss: 127.300
Take profit 1: 129.117
Take profit 2: 130.260
Take profit 3: 132.123
Score: 9
Strategy: Bullish Breakout
EURJPY ANALYSIS 15 - 19 FEBANALYSIS
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DAILY TF: BULLISH MOMENTUM IS PRESENT
4HR TF: BREAK OF RECENT HIGHER HIGH
1HR: RECENT HIGHER HIGH BROKEN
PLAN OF ACTION
----------------------
- WAIT FOR RETRACEMENT/ CORRECTION PHASE ON THE 1HR TF TO COMPLETE BEFORE TAKING BUYS
- IF OPPORTUNITY PRESENTS ITSELF, WE CAN TAKE THE ANTI-TREND SELLS TRADES
ENTRY REASON
--------------------
- BREAK OF CORRECTION PHASE
STOP LOSS @ TO BE DETERMINED AFTER CORRECTION
TAKE PROFIT @ NEXT ZONE
EUR/JPY Retraced to SupportAs stated in my last analysis this has now retraced back to support after it broke through a major downward trendline. If this can reject this support and stay above the trendline we can long this. It has just made a sharp downward move so this could sharply rise again but the safest way to trade is to wait for the market to calm before entering a trade. MACD is well above 0 so its still bullish and we need to see EMA's stay long. If this stabilises at support then a target of 129.234 can be set.