Eurjpyprediction
EURJPY reversed from resistance, potential drop!
EURJPY reversed off its resistance at 122.447 where it could potentially drop further to 122.107.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURJPY Short for 120 pipsEURJPY is entering a kind of ascending wedge pattern.
Target profit of around 100-120 pips for now.
Always Keep It Sweet n Simple, KISS.
Just embrace the most obvious pattern, while maintaining a good risk management.
EURJPY has been doing lower highs and lower lows for quite some time, and the next big trend will be established only after breaking either above or below the triangle/wedge base.
TAYOR
EUR/JPY : Watch Correction and SELL From Top of Structure !!BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
EURJPY reversed from resistance, potential drop!EURJPY reversed off its resistance at 122.249 where it could potentially drop further to 121.874.
EURJPY reversed from resistance, potential drop!EURJPY reversed off its resistance at 122.275 where it could potentially drop further to 121.005
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURJPY bounced from support, potential for a further rise!EURJPY bounced off its support at 121.087 where it could potentially rise further to its 122.166.
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURJPY bounced from support, potential for a further rise!EURJPY bounced off its support at 121.087 where it could potentially rise further to its 122.166.
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EUR/JPY : Watch Correction and SELL !!BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
EURJPY BOTTOM OF CHANNEL REACHHEDEurJpy has been travelling comfortably in a descending channel. Price jut hit the bottom of the channel and formed a double bottom, further confirming a long opportunity.
ENJOY YOUR PROFITS, STOP LOSSES AND TAKE PROFITS ARE AVAILABLE...
Signal with great potential #EURJPYAt 123.74 was an important support and eurjpy broke it and moved on, the trend is a downtrend at the moment, the next target we see is at 115.
EURJPY Bounced off Trend Line: POTENTIAL BUYEURJPY has bounced off the descending TREND LINE along with the formation of a DOJI Candlestick which indicates there could be a recovery in EJ prices near term.
Hence, traders can look for BUY entries as long as price stays above the Trend Line between 121.80-122.10 with SL below the Trend Line. TPs can be set at 122.80 and 123.50 respectively.
EURJPY bounced off 4H support, now targets 123.50Yesterday, I bought EURJPY at 122.21 and also advised my followers/friends to do so. Right now we are holding the trades for 123.30 as final TP.
The support area managed to stop the fall and we also have a nice pinbar candle which indicates that we can see more bullish price action till 123.50.
EUR/JPY Long Idea (5/22/19) 1HR Chart EUR/JPY Long Idea (5/22/19) 1HR Chart
- Looking for price to reach the bullish trendline
- Price should reach the 4HR disturbance (orange level)
- Looking for the first fib extension @ 124.000
- Long term target @ 125.000
EURJPY SIMPLE R/S BREAKEURJPY has taken a big hit this week, it has been dropping rapidly, however it has reached a major support zone and seems to be being held up due to the bounce it had when price hit the zone.
What we think will happen next depends on the next movement in price, if it breaks above the resistance zone marked on the chart then we will see some bullish movement to the (GREEN) resistance zone at 124.4-124.5, however if price drops and breaks below the support lowest support zone then we could see bearish movement down to the 121.6-121.5 region.
We will wait and see for more confirmations and keep you updated
EURJPY DESCENDING CHANNEL BREAKOUTEURJPY has been travelling in an ascending channel ever since the large drop on all fx pairs, It recently broke out of the channel to the downside and has come back up to retest it.
We expect price to now drop to the -0.27 extension level after testing the descending trend line.
