Waiting for price retest and buying opportunity with EURJPYDaily time frame.
Structure: Uptrend.
There was a retracement move to the value zone at 130,500.
Waiting for bullish reversal patterns to appear here can find buying opportunities.
The profit target is the 134,000 and 136,600 price zones.
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Wish you all have a good trading day!
Eurjpylong
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
Wait for a confirmed retracement and buying opportunity EURJPYDailytime frame.
Structure: Uptrend.
After the divergence and double bottom pattern appeared, EURJPY up to break the Key level at 130,700.
Here, waiting for a correction to the 129,000 price area, we can look for a long-term buy order.
The profit target is the 134,000 and 137.100 zone.
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Wish you all have a good trading day!
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 Long SetupEURJPY Trade Setup: Daily downtrend seems to have broken but there is significant resistance at the 130 levels. So we don't open trade yet. We'll wait for the 130 level resistance to break and retest. I'll send you the signal when all these confirmations are complete.
Follow us for more Analysis , Trade Setups and Signals.
"Teaches while earning" -HecateFX Trading Guidance
⚡️EURJPY - BUY - 1 OCT⚡️Hello Traders!!
I have analyzed EURJPY and this is my opinion
-My technical analysis indicates a possible bullish setup
-The risk to reward on this trade is 1:2
-It is closely related with GJ which is currently bullish
⚡️Exercise Good risk management⚡️
⚡️ Split your position so you can partials as the move progresses⚡️
⚡️Updates will be added on this post, stay tuned⚡️
Slick✨
Let me know what you think in the comment section
Wait for price to break Key level and confirm uptrend with EURJPDaily time frame.
Structure: Uptrend.
Divergence signal appeared, Key level at 130.700.
Wait for the price to break the Key level and have a retest to confirm the uptrend, then you can look for a buy order with EURJPY.
The profit target is the 134.000 zone.
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Wish you all have a good trading day!
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
MM's daily technical analysis- 24.09.2021 Long EURJPYHi traders,
As we have witnessed in the past few days, EURJPY retested resistance area 127.90-128.00 and encountered strong pushback pulling its price back to the 129.70.
The strong upward momentum on the 23th of Sep creates a double bottom pattern for EURJPY and it is highly likely the end of a short term downward trend.
My own trading system Clam has given a long signal so a trading idea has now established(live) to go long on EURJPY.
It is possible for EURJPY to encounter resistance around 130.760 area and in that case, EURJPY may follow a channel pattern. In such circumstance profit may be cut earlier,
but under current situation our TP is still set on 133.90 and further adjustment may be applied based on further market observation.
OP: 129.638 TP: 133.90 SL: 127.890 RR: 2.55