4 June: EURJPY bearish play seen Hello everyone!
Seeing bearish momentum on EURJPY here, prices could see a pullback to test the entry which is a key support-turned-resistance zone, in line with the descending trend line and fibonacci confluence levels. In terms of market structure, the support area is broken and we could see a further downside here.
What is your view on EURJPY, are you bullish or bearish on this pair? Write in the comments, I'd love to hear them!
Eurjpylong
EURJPY IdeaG'day Guys
Today we going to analyze EURJPY. Finally, a Solid and strong uptrend was a break. I have been monitoring this pair for some time which is impossible this pair will continue to rally without deep corrections.
Today I expect this pair to create/ retest the broken trendline before continue to bearish. As expected, last week this pair was creating an HNS formation and get another confirmation on fundamental data release.
Today we looking for around 1++ pips retracement target profit until the MRZ (yellow) zone. Then after that, we going to wait for confirmation before executing another Sell position.
"Dance with the market movement"
Let's see what happens next.
EUR/JPY Finally Find A Good Support To Go Up Again !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 buy chanceHello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
EURJPY touched the support zone, i think there will be a buy chance
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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have a good profit week guys
EURJPY D1After hitting the bottom of the canal, it will reach a level of support and we expect the Saudi trend to resume.
But we have to wait and see how he reacts when he hits the bottom of the canal. If there are 2 or 4 daily candlesticks on the floor of the channel, we propagate again to the next level as shown in the chart.
Transaction entry range : 132.000 - 132.200
stop lost : 131.600
take profit : 136.680
This is a personal analysis and be careful when entering into a transaction and also check the economic news.
However, when entering the trade, use the price action method and candlestick patterns.
Best Regards