EURJPY: Will Going Down SoonHi..
I have idea for this pair.
I think will reject from resistance and continue going down.
Leave comment below for any idea and dont forget like this idea.
Eurjpyprediction
EurJpy- Imminent break. 132 is my targetThis month was one of range and gains consolidation for EurJpy with the pair trading in a tight range around 130 psychological resistance.
I believe that a new leg up will follow for this pair and 132 is my first target
EUR/JPY downtrend may accelerate furtherThe resistance area in the daily chart of EUR/JPY appears to be holding well.
We have got multiple rejection/bearish candles in the resistance area with long wicks
at the top.
This indicates that the sellers are gaining an upper hand while the bulls are losing momentum.
If this continues, EUR/JPY can drop as low as 128.
So, depending on bearish price action, sell EURJPY@129.80-130.30 with SL above 131
and TP at 128.15
EUR/JPY reversed from the resistance once again, time to drop?Overview - EUR/JPY has been unable to break the resistance level for the last
two weeks but bears have not been able to capitalize on it yet. However, yesterday's drop
seems encouraging for the bears.
Analysis - From the chart, you can see that, yesterday's daily candle was a big
bearish candle with a long wick at the top. So, it is quite likely that price will continue to
go down now.
Probable trade set-up - I have already published a signal to sell EURJPY@130.50-131
last week. So, if you followed it then continue to hold the trade. New sells can also be executed
if price visits the resistance level again.
Disclaimer - This is simply an analysis and not a trade recommendation. The trades will be
executed only if it meets the required criteria.
EurJpy to rise to 132 resistance?EurJpy is in a clear uptrend for quite some time now and, from the beginning of the month the pair is consolidating gains just under 130 important figure.
In my opinion, this resistance will fall and EurJpy will rise to the next resistance at 132
That being said I will search for opportunities to enter long on dips around 129 support
A dive under 128 would negate this bullish scenario
EURJPY AnalysisAs we can see EJ is beginning to struggle to make HH and has formed a double top. Now we will let the market open of course and see which one of the 2 trades we will be taking.
Highlighted in green is of course the bullish trade I will be taking.
Highlighted in red is the possible bearish scenario we could trade on.
Let me know your thoughts on EURJPY below guys 8)
EURJPY SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity EURJPY .
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
EURJPY - False StartWe usually see false starts to the trend at market open, this suggests to me that price may want to continue to the upside after luring in a substantial amount of sellers. I will be waiting for the price to wipe out the most recent support before I begin to consider some buys.
EURJPY SHORT TERM SELL, LONG TERM BUY ProjectionTechnical Analysis
1. Rising Wedge forming
2. Hit Level 1 of Fibonacci Expansion Level
3. Completion of a Flag Pattern Take Profit (Of the Flagpole breakout) on shorter timeframe smaller timeframes (Circled in WHITE)
4. Market is expected to break out of the trendline, hitting our Fibonacci Expansion Level of 1.618 which would push down the market to an area of confluence
5. Using the new Highest Point from the Fibonacci Expansion Level of 1.618 and Rising Wedge Peak, we would project the fall to the new Fibonacci Retracement Level
How I would approach this.
1. Sell to 127.150
2. Buy from 127.150 to 136.250
3. Sell from 136.250 to 124.270
EURJPY uptrend to continueHi there,
Looking at eurjpy I see a situation to buy every dip, first target 131, second target 133
Also looking at eurusd, any moment it makes bigger retracement which will make eurjpy fly to the moon, as jpy is very weak at the moment
Buy every dip on this pair
Good luck
SELL EURJPY SIGNAL !Hello traders, here's the EURJPY analysis.
If you have any questions, please leave them in the comments section.
Please like if you enjoyed my review.
Thank you so much.
NOTE: Before entering the trade, please conduct your own research.
Eur/Jpy analysis (4H)eurjpy is in Minutte wave (v) within minute wave v correction. We will be selling it from near 129.50 and target is near 127.50
EURJPY Gonna ShortEJ Gonna short, its create weekly bearish Butterfly with Hidden Bearish Divergence!
Possible Entry for EUJPYG'day Mate
Here my idea on EURJPY, i couldn't explain everything what i saw on this pair. Here some idea that might help us to make trading decision on this pair
Comment and Share this idea if your guys like it.
Thanks
EURJPY - Diagonal PatternIn the weekly chart, the Triangle pattern is broken and the uptrend is almost being confirmed
(Weekly Chart )
In the daily chart, by completion of Wave 2 in the range of 114.39, the uptrend has started in Wave 3, price is currently in this wave of which the targets of the uptrend can be in the range of 133.
(Daily Chart )
In the 240-minute chart, the wave counting has shown that, corrective movement of wave 2 from sub-waves of wave 3 has been finished in the range of 38% Fibonacci ratio. The most important point is that the Diagonal pattern has been shown in the one-hour chart.
By crossing the price from the range of 128.66, this scenario will be confirmed.
