EJ Analysis 29/09/2020 -- Update 2Price broke through support on the 30m timeframe, as we retested the broken support we took a sell entry, price hit our target and we moved our stops to BE and let a runner run, the runner ran for 30 pips before we closed our trade as support formed on the 30m timeframe.
Eurjpysell
EURJPY tend to move further downside,support levels are broken⚡️ The price felled below the 50% Fibonacci and 123.00 key psychological level
⚡️ And the previous price action level was broken and felled below the support level
⚡️ Risk sentiment is remain negative and in Asian session it has make a long bearish candle in 1hr timeframe
⚡️ The price is well below the 03 EMA's and the Ichimoku cloud is pointing towards south
⚡️ RSI is felled below the 50 level reaching towards 30 we can expect minor rebound from this level but EURPY is trading in a downtrend
⚡️ At current level we can see a clear bearish structure.
⚡️ At 11.30 GMT ECB president Miss.Lagarde going to deliver a speech we are expecting that ECB will make a concern about recent appreciation of EURO. And the worrying about recent surge in corona virus
⚡️ The next key resistance level would be 121.00 and a potential level for trend reversal
⚡️ In Elliot wave principal The second wave i already completed and The 3rd wave is underway
Pivot points-H4
R3 123.25
R2 123.07
R1 122.75
PP 122.57
S1 122.25
S2 122.07
S3 121.75
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EURJPY - Outlook 28 Sept 2020 - Sell biased medium termHi all traders,
This is a video analysis for eurjpy which i have done for all my followers.
As always, i have warn some of the levels within eurjpy, do take note of it.
If you have any questions, please do leave a comment so that i will try my best to answer you.
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EURJPY - Outlook 21/9/2020 - Sell BiasedHi all traders,
This is a video analysis of EURJPY
I hope this video analysis will help traders to identify those important levels so as to trade safe.
Cheers and thank you very much for your time in viewing this video analysis.
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EURJPY - SWING - 15. SEPT. 2020Welcome to our weekly trade setup ( EURJPY )!
-
1 HOUR
Strong pullback towards main sr level.
4 HOUR
Price broke main sr level expecting further downside.
DAILY
Overall bearish waving market structure, good short entries!
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FOREX SWING
SELL EURJPY
ENTRY LEVEL @ 125.650
SL @ 126.360
TP @ 124.650
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURJPY - sell biased Hi all traders/followers of my tradingview.
This is another trade idea i have for you guys!
Hope it can help you all in your journey to get some money.
Do take note for this trade setup.
If price break above the trend line strongly, this idea is invalidated.
Hopefully all goes well.
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Like and share this trading idea to all your friends.
**Disclaimer: All trade ideas are of my own personal views.**
Cheers everyone and have a nice day!
EUR/JPY: swing SHORT TRADE setup and parameters 126.50 to 128.00 is SELL zone, in principal the overshoot is taken into consideration and is part of the plan
128.50 is strict STOP level
I do expect certain kind of lower move anytime by Tuesday's close. when happens just lower the stop to lock some gains. closing some portion is also okay. of course there many more money management strategies that can be used to maximize the gains. but I approach this sharing to help beginners and also the professional ones as the quality of this trade plan is high grade.
the target is clear and sort of minimal. of course, I repeat, there are many ways to increase rewards and decrease risks. but for now let us stay with the TRADE.
feel free to contact me and we together may check ways to be focused to serve your individual trading needs/targets better.
as always, good luck !
EURJPY - SWING - 17. AUGU. 2020Welcome to our weekly trade setup ( EURJPY )!
-
1 HOUR
Very bearish price action and pressure.
4 HOUR
Great short entries, prices looks like we are going to turn bearish now.
DAILY
Overall bullish market about to turn.
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FOREX SWING
SELL EURJPY
ENTRY LEVEL @ 125.780
SL @ 126.620
TP @ 124.570
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN