EURJPY 11June2023there is a considerable possibility to short at the moment. looking at the existing pattern, it could be that wave 2 has formed, you can short with SL restrictions above the invalid area.
Eurjpyidea
EURJPY 2June2023the possibility of wave 5 cannot continue bullish to go higher than wave 3 and now the price looks like a reversal I marked with a bearish confirmation level line. you can go short at this time.
EURJPY Wait For Breakout! EUR-JPY is about to reteset
A strong horizontal resistance
Level at 151.141
So IF we see breakout rising Support
Then I believe the pair
Will go further down !
EURJPY POTENTIAL PROGRESS FORMATION IN PROGRESSWe can see that the pair has turned bullish after a short correction. We have also identified certain patterns which further
support our bullish basis. These have been listed below:
1: The pair is in a strong uptrend as the price is making new highs
2: Trendline breakout
3: Pennant pattern breakout
We will wait for the price to correct on the lower time frames after the trendline breakout then only can we start to look for
reasons to enter long. We do not take trades with less than 1 to 3 risk rewards. If we get stopped out , we follow our trading plan as
we wait for a new setup to form. We only take one entry per setup and do re-enter when stopped out as we see this as revenge/over-trading.
EUURJPY 23-05 Possible MovePair : EURJPY ( Euro / Japanese Yen )
Description :
Bullish Channel as an Correction in Long Time and Rejection from the Lower Trend Line
Impulse Correction
SMC - CHOCH
Break of Structure
RSI - Divergence
Falling Wedge in STF
EURJPY Chart H1Here is my view for EURJPY on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURJPY 21May2023last week I gave a hint that when the blue line is broken by the price then most likely the bulls are back on track. Next week is likely to be bullish by looking at the wave a-b-c notation that has been formed, seeing also the bullish slope of around 45 degrees is also an indication of a strong bullish entry.
EURJPY Signal 16May2023seeing that there is price compression, it is likely that EURJPY will be bearish for day trade, according to the swing analysis that I shared last week
EURJPy Analysis W1Here is my view for EURJPY on W1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
EUR/JPY Giving Excellent Bullish P.A ,Is It Will Flying Now ?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 Potential Short!EUR-JPY broke out of the
Horizontal range and also
Broke the rising support
So as it is now making
A pullback I think
There is a high chance
To see a move down !
EURJPY LongEURO is much stronger against many other currencies. Japan economy is not in good condition and it will fall in coming week.
EURJPY SELL AGAINHi fellow traders, EURJPY has formed a new corrective structure after the last drop. Look for a sell opportunity from this area. The trade will be invalidated if we break the red line. Target the support levels. Good luck and trade safe!
EURJPY Trading Plan - 27/April/2023Hello Traders,
Hope you all are doing good!!
I expect EURJPY to go Down after finishing the correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
EURJPY Bearish Breakout! EUR-JPY broke the rising
Support and the breakout
Is confirmed so after a
Retest of the broken line
Which is now a resistance
We are likely to see
A bearish move down
EURJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
EURJPY - Short IdeaEURJPY will stay cautiously bullish as long as 142.53 support holds. If it breaks this point, EURJPY will change the trend to bearish until 138.9. We have a good risk:reward ratio for a sellers.
Broke Resistance ie 143.50 and now looks GoodAs I told you guys in my previous Chart (Link attached)
That after placing low around 142.50 EURJPY mentioned resistance was 143.50 and after breaking it successfully now price is in our favor and running in 150+ Pips of Profit...
Eyeing towards its Ultimate Target of 146...
Congratulations to those who took profit out of this analysis...
Follow me to have more Ideas like this...
EUR/JPY Running In 140 Pips 0 Drawdown, New Entry Added Now !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 Near Important Res Level , Short Setup Coming ! 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.
