Eurjpyprediction
Chance of a correction lower in EUR/JPYEUR/JPY can correct lower in the next couple of days after this recent rally.
Price action is slightly tilted to the bearish side now with two consecutive 4 hour candles
turning bearish.
A sell entry@ 132.60-132.85 with SL above 133.20 and TP at 131.70 could be a potential
short set-up.
EURJPY top-down analysisHi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the condition of the strategies are satisfied. Press like button to support this video and let me know in the comment section if you have any questions
Risk 1%
please do your own analysis before taking this trade.
forex | eurjpy multi timeframe analysis - long opportunityforex | eurjpy multi-timeframe analysis - long opportunity
following support and resistance strategy on the monthly and weekly chart and I expect the price will continue moving up to reach the historical resistance.
but I'm afraid of the over-bought of the RSI indicator. so I think the price will make a correction to backtest 61.8% Fibonacci and continue going up.
#eurjpy #eurjpy_analysis #eurjpy_signal
EURJPY to continue bullishHi everyone,
Eurjpy is setting up for next wave up, this will be the top for EURJPY than we will have a sharp sell off
Stay bullish for now on short term,
Good luck
EURJPY: UNDER PRESSUREEUR is under Pressure now....
Its better to sell now after retest complete.
Watch my Japan Index Below
If you have any idea, leave comment below and dont forget give like
Thank you
EURJPY top-down analysisHi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the condition of the strategies are satisfied. Press like button to support this video and let me know in the comment section if you have any questions.
EURJPY ToppingHi everyone,
Eurjpy is almost ready for the sell off, we will test again the trendline and bounce off one more time for the monthly supply, after that watch for sells at smaller timeframes and wait for the sell off to enter with short positions.
Good luck
EURJPY: TP 2 hit! I love it when a plan comes together!
Congratulations to those that followed the trade! Woo-hoo!
Please leave me some feedback! Share your screen shots if you are on this EJ Train!
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.
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)
