EURJPY Remains In a BULLISH TrendFocusing on our MA and EMA, we can see a nice rejection off these levels. This give us a confirmation that a BULLISH trend remains. There is no form of breakdown, giving us a potential movement to the 261.8%. Previously, price failed to test that level and I am expecting price to hit that level before further BULLISH continuation. We will be seeing great BEARISH pressure at the identified Supply Zone (identified in red).
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Eurjpylong
EURJPY 2H TIMEFRAMEHello Traders, 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 BuyTrade (My View)High Probability Trade Alert:::: TragicJohnonAlert::: Trend Continuation With This Pair After That Dip::: TP 1$2 Indicated On Chart Yellow Lines... SL Previous Low... Lets Go, Its Friday
Adjust Your SL Slightly Lower:: Hopefully It Won't Even Think About Making A Turn... Hopefully :)
Breakout Identified in EURJPYThe Breakout Opportunities system has just bought EURJPY at 128.837. The system recommends entering this trade at any price between 128.702 and 128.984. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.266, suggesting that the EURJPY may have further to rise. A stop loss has been set at the 24-hour low of 128.297 and a profit target has been set at the 1 Day ATR level at 129.425. The system will move the stop to the next 24-hour low every time that 24-hour low is higher than the previous 24-hour low. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.
Signal ID: 75514
Time Issued: Thursday, 25 March 2021 08:30:16 GMT
Status: open
Entry: 128.702 - 128.984
Limit: 129.425
Stop Loss: 128.361
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possible day trading setup for EURJPYThese are two possible scenarios that could play out on this pair. I'm not expecting price to do anything or move in any particular direction, I will wait for the market to reveal it's next move. Price is currently in an up trend as seen on your higher time frames however it has pulled back quite a bit. Price will need to start setting lower lows and lower highs on the higher timeframes before I can confirm that the uptrend has ended but for now this is just a simple day trading setup to catch an entry which ever way the market decides to move.
I only enter buys at break of resistance and retest and I only enter sells at break of support and retest. Confirmation is key.
EURJPY - 180pip BUY - so good it rhymes - 25.3.21Hello all
Setup:
Two examples of divergence > a bullish spike is overdue
Weekly low
Monthly low
Double bottom
Bouncing off support
Bullish bias
What more needs to be said? > I don't actually know because I'm a beginner but this appears to be a simple trade, maybe too simple so be careful of stop hunts and fakeouts. Any advice is appreciated.
Good luck
Vince / Vmoney