Eurjpyshort
EURJPY DOWN- ENTRYEURJPY is in a strong down trend, has reached key resistance.
It was a fake out, but the price continued bearish, confirming a strong bearish
The price presents a support at the price of 140.18, which may indicate that it will send the price up to the resistance from the down trend, and after falling to the key support.
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Thank you!
EURJPY - Bearish price action ✅Hello traders!
‼️ This is my perspectiev on EURJPY .
Here we are bearish from daily perspective, so I am looking for shorts. I expect continuation of bearish price action to take out sell stop liquidity below equal lows.
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EURJPY short flag patternHere are few points i am looking for this trade
1.Compare to the last leg up ,we can clearly see Seller are taking control
2. Price in the Overall down trend (ranging market condition ) (if price breaking new low, good chance there are trending move )
3. Price are weak !! Consoildate in a lower level and trying to set up a break out move
4.IF there any small break out set up even incress our risk and reward
5. Target 2times Flag pole
Short In EURJPY
As we seen in EURJPY the market is forming rising wedge pattern which indicates that the market will come down and I have shown you in the chart that two lines which i have drawn in the chart that clearly indicates that the pattern which I have mentioned in RISING WEDGE.
We have to take trade in when the candle will break the below line and that should be of strong selling then we have to enter on the trade and then we have to put the Stop Loss at the 139.525 and we have to keep of the 137.782 and we have to mention the risk to reward ration of 5:1.
Thanks and best of luck for your trade.
EurJpy- Bulls need 139.50 zone intactJpy has started the year very weak and, in EurJpy's case, reversed strongly from 137.50 support( visible on the daily chart).
After breaking above 141.50 resistance on Monday, the pair continued its rise and reached the very important resistance zone from 143.
An immense 250 pips drop followed this rise yesterday, and the pair is trading now at 140
Considering the strong reversal from the bottom, I maintain my idea that a resumption of the long-term trend is possible, and for this scenario to remain intact bulls need to stay above 139.50 support
EURJPY: a SHORT TERM BUYHello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the EURJPY pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities
EURJPY - W patternHello guys! EURJPY seems to create a strong impulse downwards, completing to the neckline the W that was formed on the daily timeframe. We can see that the MACD is below 0 and EMAs are crossed, showing us a bearish environment. From here, there is a high probability of reaching the neckline of the daily W, going to at least at 140.8.
FX:EURJPY OANDA:EURJPY
EURJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on EURJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill that huge imbalance higher and then to reject from bearish orderblock + institutional big figure 145.000.
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EURJPY Bearish Indications Reverse cup and handle in progress Almost a reverse Cup and Handle formation in progress
Once we have a complete reverse cup and handle , It will indicate a bearish move and we can make an entry below the neck line of the cup and handle
Entry @ 140.431
SL @ 141.181
TP @ 139.330
EURJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.