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Eurjpyprediction

EURJPY potential reversal! EURJPY expected to rise up to 1st resistance at 123.153 where it could potentially react off and drop down to 1st support at 121.060. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone
EURJPY SHORT IDEAAfter the liquidity spike we saw on the daily we can now see the market is shifting in to bearish market on lower time frames. However overall the market is still bullish on Higher time frames. Price has already retraced and rejected the 78.6 fibbo level since then we have created a head&shoulder pattern for extra confluence to support my short idea. I’m now looking to see if we can print a new lower high to test the neckline of the H&S. I’ll monitor price action for confirmation. So far looks good to me as if you look at the daily you can see the candle stick formation is bearish.
Short
by waynetrades94
EURJPY potential reversal! EURJPY expected to rise up to 1st resistance at 123.153 where it could potentially react off and drop down to 1st support at 119.982. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone
EURJPY SHORT/SELLBM - Melihat kepada tempoh masa 4HR, corak hanging man sedang menunjukkan di trend ini masih di sebelah pendek. Masih tiada pelarian dari trendline saya tetapi ia menyentuh garisan arah aliran saya dan membalikkan berundur. Ia kelihatan seperti ada akan menjadi satu lagi (Swing Trade) untuk sebelah pendek. Juga RSI menuju bawah ENG - Looking at 4hr timeframe, a hanging man pattern to appear which shows the trend is still on the short side. There is still no breakout from my trendline but it did touch my trendline and reverses back down. It looks like there's gonna be another (Swing Trade) for the short side. Also, the RSI is heading the bottom where the trade is gonna be at.
Short
by HerculesJr