Eurjpysell
EURJPY reversed from resistance, potential drop!
EURJPY reversed off its resistance at 122.098 where it could potentially drop further to 121.041.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURJPY - SELL OPPORTUNITYLooking to SELL EURJPY in SELL AREA and to close position in TP AREAS (+30 PIPS)
Entry Criteria:
- Execute on price action, reversal candle/ signs of exhaustion
- Apply risk management according to your trading style
Trade Safe
EURJPY approaching resistance, look out for potential reversal!
EURJPY is approaching its resistance at 122.208 where it is could reverse down to its support at 121.203.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURJPY - AS PREDICTED / DROPNow we are shorting this to 121.400, I am expecting price to retrace a bit off this level then we will look for another short entry
EURJPY - NICE SHORT INCOMINGPrice has reached a key level where it took a fall to support previously, waiting for price to show signs of rejection and to break the trendline before shorting to support
EURJPY and Sell Area (13/7/2020)Sell limit
121.070
SL at 121.460
TP1 at 120.680
TP2 at 120.330
TP3 at 119.900
TP4 at 119.500
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
EURJPY / SELL / KEY LEVEL REACHEDPrice has reached a key level where it was rejected from previously, I am expecting price to close below this level and fall to the next level of support
Both have been marked on the chart - its clearer to see on the daily
EURJPY SHORT UPDATE!!** If you missed the 1st Entry you can enter it again. Check the previous Analysis in the Link
GOOD LUCK
-----------------------
Disclaimer: Forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors.
EURJPY potential bounce!
EURJPY expected to reverse up to 1st support at 120.582 where it could potentially react and bounce to its resistance at 1st resistance at 121.454.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Great Opprttunity For Sellers Don't Miss it Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
SELL EUR/JPY:
Stop Loss: 121.25
Entry Point: 120.84
Target Profit : 120
Do not hesitate any question for clarification.
Good Luck!
EURJPY - SHORTHave some weird movements on the MACD and Alligator. We can see price has rejected the higher fib level multiple times. We are now looking for a retest of resistance before a definitive drop down to lower fib levels. Also MACD is very smooth not showing any sign of breaking open. Waiting for MACD to open a bearish trend before we enter a sell position.
EURJPYEURJPY is hovering around a key area of support/resistance. Which we broke through and now is resistance, we might see a retest of the area which aligns with my ascending channel. Will be looking for a third tap of the top of the trend line for a short entry if it gets to that in a corrective manner. If it breaks the structure impulsively will be waiting to see if it is a possible retest of the ray line above and will be watching how it gets to that area.
EURJPY ShortsPrice At Mini Resistance
Looking For Shorts Alternatively Price Might Break To The Upside
EURJPY Possible Sell/ShortGOLD BOX POSSIBLE ENTRY FOR SELL
1. Restest area of broken support
2. At the 38.2 (right rejection/continuation area)
3. Price could possible wick up into the 50% retracement (LOOK FOR RECECTION FIRST)
4. High confluence area
5. Divergence possibly happening on 4HR
I'll personally be looking for reversal candles/ rejection on 4HR around the trend line (38.2 -50.0 rejection.
EURJPY Bearish using Elliot Wave on 2HPrice broke 120.305 level and did the retest, Maybe it's a late trade but not too much, I expect that it reaches the point C of the Elliot Wave Pattern at 116.87.
