EURJPY - Price ActionEURJPY made 4% correction after a long rally but still it can touch 137 area in weekly chart, however I set TP on recent resistance.
Eurjpylong
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.
Strong weekly supportTechnically, EURJPY has reached strong monthly and weekly support. The ECB expected to reinforce its dovish policy settings at this week’s policy meeting which will skyrocket the EUR pairs. It would be a very good entry point if it closes to above 129.35. FX:EURJPY
EURJPY SellSell Stop At "When it touches Yellow Line"
TP at Green Line
SL at 30 pips above Yellow Line
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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Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Also, see my 'related ideas' below to see more just like this.
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
EURJPY LONG CONTINUATIONI expect a reentry on the 61.8 fib extension and continuation to the upside.
My last trade of the week EURJPY long. Sharing the last trade I've taken of the week before I log of for the weekend.
Trade in progress on our EURJPY H1 strategy.
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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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
EURJPY GO UP BUYTRADING SUGGESTION:
Now we looking to the market got reversal at strong support line,so enter buy trade.GOOD LUCK
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TAKE A TRADE,SIT BACK AND RELAX
LIKE AND SHARE
expect it go to up for some retrancementwaterfall should have a pause at here to form a double bottom. 129.821-130 was a very strong support/resistance zone in the past, so it should play the same this time. If double bottom does form, I expect it to go way up to 131. There's an ill formed M pattern in the past few days on 4H so if it validates, the it can go way back up to 131.5
GL (My trade got activated as I typing right now)
7 July: EURJPY could see further upsideHi everyone! prices are sitting on a key support area on the weekly time frame and we could see a further upside in EURJPY here. A pullback to our entry in line with the 78.6% retracement presents an opportunity to play the bounce.
EURJPY - QuickieAm in this trade already. my target is below 50% fib retracement. My risk appetite is weak since BTCUSD crumbled some chunk of my weekend profits.
Market decides.
Wish me luck!!
Trading Idea Regarding EURJPYI try to make Every thing Simple and Self explanatory in The Chart. Thank you for Watching My Trading Idea.
EURJPY > Trendline Breakout > will Fly high!Hi Friends,
This is my analysis on EURJPY.
After a retest, EURJPY will fly high.
I am long on it.
EUR/JPY | Potential Upward Movement 🚀 Technical Analysis:
The pair managed to break the descending channel to the upside with the help of a double bottom formation. A lower correction could be seen to the highlighted zone before a rally all the way up toward the target profit.
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Trade Idea:
Buy Limit Order @ 131.78
Take Profit @ 132.11
Stop Loss @ 131.66
Trade Safely 🙂
EURJPY Longbounced on a demand area , uptrend channel ? probably can push to the upside abit then go down
up continuation expectedRSI on 1H, 2H and 4H are rising up whilst daily is still low, that gives potential for EUR/JPY going up further, although it does have high possibility of goign down considering the horsepower on the daily timeframe.
The immediate expect target would be 131.937 and if that is achieve, it will be most certainly going up to 132.371. If break 131.60, you can either change your SL to below 131.2 if equity allows, or close this trade at loss and immediately enter a sell. I'm bias in long on this pair (for now)
Tuesday: EURJPY - Week 26Hello Traders! Check Related ideas for market context!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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