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Eurjpylong

EURJPY Bullish Bat pattern: Forecasting an Upside moveHello traders, A number of harmonic patterns are surfacing today. Here is my analysis of a clear bullish Bat pattern spotted on the EURJPY Pair. The Bullish Bat pattern is a harmonic pattern used in technical analysis to predict potential reversal zones. The EURJPY pair has formed this pattern with the following parameters: X = 168.022 A = 170.293 B = 168.940 C = 169.976 D = 168.302 Here's the breakdown of the Fibonacci relationships for this pattern: AB Leg: Retraces 38.2% to 50% of the XA leg. Point B at 168.940 confirms this. BC Leg: Retraces 38.2% to 88.6% of the AB leg. Point C at 169.976 confirms this. CD Leg: Extends 161.8% to 261.8% of the BC leg or retraces 88.6% of the XA leg. Point D at 168.302 confirms this and is close to the 88.6% retracement of the XA leg. In summary, the points X, A, B, C, and D fit within the Fibonacci retracement and extension levels for a Bullish Bat pattern on EURJPY. This indicates a high probability of a bullish reversal at point D (168.302), which also qualifies as a good support zone for price. In addition, my Elliott Wave analysis suggests the pair has completed the corrective wave ABC to the downside. I'm anticipating an impulsive move to the upside towards 169.70 and 170.31. Let's watch out for confirming price action. Cheers and happy trading.
Long
by Samuel124
EUR/JPY "The Yuppy" Bank Money Heist Plan on Bullish SideHola! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist EUR/JPY "The Yuppy" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss 🛑 : Recent Swing Low using 4H timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Long
by Thief_Trader
EUR/JPY: Bullish trendline breakOn the daily chart, there is a clear break of a downtrend line with a confirmed weekly close above it - unlike during the liquidity grab where the price broke higher but then closed the week under the trendline. This broken trendline and Friday’s low at 161 is now support. Should the price be able to break above the August peak, a next possible upside target is 167.5 (the 61.8% Fibonacci retracement of July-August drop. But that’s just what we think, do you agree or disagree? Send us a message and let us know Happy Trading! Jasper, WeTrade Market Analyst and Founder of Trading Writers.
Long
by jasperlawler
1
Emerging Bullish Cypher on EURJPY Signals Rally ContinuationHello Traders, Below is my short-term outlook of EURJPY. An emerging bullish Cypher pattern has been identified on EURJPY (M15 timeframe). This pattern signals a brief market correction, allowing new buyers to join the EURJPY rally. Completion of this pattern is expected around the 159.592–159.060 region, followed by a likely bullish continuation. Price targets are 160.21, 160.762, and 161.660, with the outlook being invalidated if the price closes below 159.050. Do let me have your take on this pair in the comment below. Cheers and Happy Trading.
Long
by Samuel124
EURJPY | RETOUR VERS LE SUPPORT OU NOUVEAU SOMMET ? 💡 Contexte Général : Le marché de l'EURJPY montre actuellement une tendance haussière soutenue par un rebond sur un important support liquide. Les acheteurs sont actifs, mais des zones de résistance sont à surveiller pour une consolidation potentielle. 💡 Analyse technique : En H4, le prix a récemment touché la trendline baissière, ce qui a provoqué un rejet vers deux blocs de liquidité. 💡 Configuration Ichimoku : Actuellement, le prix est en dessus du nuage Ichimoku, ce qui laisse place à une possibilité de correction à court terme. 💡 Synthèse des Scénarios possibles : - À la hausse : Un rebond sur les blocs H4 pourrait permettre de viser l'objectif de 163.897. - À la baisse : En cas de cassure de la tendance haussière, une correction pourrait ramener le prix vers les blocs de support et potentiellement vers 155.168. 💡 Évènements à surveiller : Les annonces économiques liées à l'euro et au yen, ainsi que les mouvements sur les obligations japonaises, pourraient influencer la tendance. ⚠️ Attendez de bonnes confirmations bullish/bearish avant d’entrer en position. Laissez un maximum de 🚀 pour soutenir l'analyse.
Long
by Kik-Market
EUR/JPY "The Yuppy" Bank Money Heist Plan on Bullish SideHola ola My Dear, Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist EUR/JPY "The Yuppy" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss 🛑 : Recent Swing Low using 1H timeframe Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Long
by Thief_Trader
EURJPY - Look for Reversal Long (INTRADAY) 1:4!The JPY pairs have experienced a significant drop due to the recent Yen hike and are now consolidating around the HTF support. There’s potential for a temporary rejection at the Demand Zone, presenting an opportunity to go long, aiming at least for TP1. Let's see how the market moves as we start the week! Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Long
by S-Fx_
EURJPY "YUPPY" Bank Money Heist Plan on Bullish SideHola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist EURJPY "YUPPY" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss : Recent Swing Low using 30m timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Long
by Thief_Trader
Waiting for +300Pip trade in EUR/JPY(09/03/2024)after a long run in the last few weeks, EUR/JPY corrected smoothly and finally gave us to jump in some trades. if you watch closely the price has reached the daily OB and moved sharply upward, this kind of move has made a CHOCH indicating the overall correction on Daily OB has been ended and the price is likely heading upward. Our technical view has been shown in the chart. If you like it then Support us by liking, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Long
by fortunamarkets
EUR/JPY BUYKey Factors Influencing EUR/JPY: Euro (EUR): The value of the euro is significantly affected by the economic conditions in the Eurozone and the monetary policy of the European Central Bank (ECB). Factors like GDP growth, inflation rates, and unemployment can impact the euro’s strength. Japanese Yen (JPY): The yen is considered a safe-haven currency, often appreciating in times of global uncertainty. The Bank of Japan's (BOJ) monetary policy, including interest rates and quantitative easing measures, plays a crucial role in determining the yen's value. Interest Rate Differential: The difference in interest rates set by the ECB and BOJ can influence the EUR/JPY exchange rate. Higher interest rates in the Eurozone relative to Japan typically strengthen the euro against the yen, and vice versa. Market Sentiment and Geopolitical Factors: Global market sentiment and geopolitical events can affect the EUR/JPY rate. During periods of market uncertainty, the yen often strengthens as investors seek safe assets. I am waiting for YEN to keep the band shown in the picture and weaken further.
Long
by xMoranTomx