Eurjpylong
EURJPY Forecast1) Top-down analysis
Monthly - Previous monthly closure, Potential Inside bar and does not fill the wick of previous candlestick
Weekly - Previous weekly candle closure, closed with doji candlestick and Closed inside the range inside of the previous candlestick
Daily - Two candlestick rejection on 130.500 (Major psychological level)
The bias is still upside due to doji from last two weekly candle. But still it has a high probability that it will go down further first to get some liquidity before going upside.
Confluences for downside movement;
a. Main trendline third touch
b. Major psychological level 130.500
c. 4H Corrective
EUR/JPY New Long Setup Available To Catch 250 Pips 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 Expected LongtermThe price was unable to break through the strong level and returned behind it, thereby making a false breakout. A consolidation is forming above the level, the global trend is growing, and therefore I expect the price to rise from the long zone. My target is resistance 135.xx
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
EUR/JPY Running In 40 Pips In 30 Mins Only ! Did You Enter ?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 Making Inverted Head&Shoulders And Long Setup Available 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 ANALYSISAlthough price had been in a downtrend, we have now seen price break above this key level and has already come back to retest it.
We will now move to the smaller time frames to find ourselves some long entries.
Since this might be the start of a new trend, we'll keep targets at a new high that could form along with this trend.
EURJPY long to 100 or more pips The previously bearish EURJPY is showing signs of reversal after a second attempt to break through the previous area of demand forming a low key "w" formation. However these two lows have shown divergence on the Awesome Oscilator - a sign that result in strong bullish momentum back to the previous area of supply or atleast this is how i see it. Please fell free to comment your personal view on this and like if you with me 😁😎
EURJPY POSSIBLE JULY MONTHLY STRUCTURE OLHC(BUYS)🟢⤴️Please support this idea with LIKE if you find it useful..
EURJPY FX:EURJPY POSSIBLE JULY MONTHLY STRUCTURE OLHC(BUYS)🟢⤴️
EURJPY Monthly structure for the month of July 2021 in the daily time-frame is OLHC ( Buys).
Buyers are still not present in market since price in the daily time-frame was unable to close above the open before the 15th of this month price had to consolidate.
Hence the delay in the bullish structure forming .
Bullish Divergence however has confirmed for price starting from 19th January 2021 to current market price .
We patiently waiting for a TDI cross as Priceline is also above our buy pressure zone in The daily time-frame.
Wait for a TDI cross ( Priceline must cross above bloodline in the daily to confirm the presence of Buyers in market .
💯Target the July Monthly open In the daily time-frame ✅💰💰💰💰
Wait for valid entries.
P A T I E N C E + D I S C I P L I N E
EURJPY long running after short closed for profit 👍Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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The stats for this pair are shown below too.
Thank you.
Darren.
EUR/JPY SELLEUR/JPY
In this pair it is clear to see that momentum has shifted from being bullish to becoming bearish
Previously we can see that we consistently creating higher highs and higher lows indicated by the green boxes
We then under went and exhaustion of the bullish pressure, then going to create a Wykoff Distribution schematic indicated by the blue box
we are currently now is a bearish cycle where we are experiencing lower lows and lower highs breaking previous bullish structure looking for more continuation to the downside
Some might be only viewing this on a 4hr and belief that this chart if bullish however a closer look at a daily and weekly shows we a consistently creating lower lows
Price currently just rejected off the 50 fib shown by green line
My Entry = 130.251
S/L130.437
TP-128.528
1:545 RR