EURJPY SHORTFor more Daily Detailed Analysis, Click the follow button.
Here we have our EURJPY chart.
As of late we have seen a push above the recent trendline and some price rejection. We are far off our Moving averages and can look for a fall to the first exit zone.
Use other timeframes and short on any push up.
Eurjpyshort
EUR/JPY Running In 70 Pips 0Drawdown , Very Important Update NowThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Juicy short opportunity if EUR/JPY respects this resistanceOn the back of a very weak Japanese Yen(JPY), EUR/JPY has strongly rallied to the 142.20 resistance level.
However, there could be a very strong pullback on the cards if EUR/JPY respects this resistance.
As long as price doesn't break the resistance, sell entries would have very good potential in my opinion.
I would be looking to sell EUR/JPY@143.80-144.20, SL placed moderately above resistance with targets
at 142, 140.50 and 138 respectively.
The Best And Last Place To Can Short EUR/JPY To Get 200 Pips A.LThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURJPY SHORT CHART ANALYSIS POSTED ON SUNDAY 21 AUGUST 2022EURJPY CHART ANALYSIS POSTED!!!
Let's see how this pair will perform based on the analysis, I see short the other levels are I didn't posted because it will create confusion to others.
Make sure you do your research and based on your confluence please look for the entry.
EURJPY is in possible sell zone!!EURJPY has formed a reversal pattern on an important monthly level of resistance. On the monthly close, the price had a bounce and from the monthly resistance, it created a reversal pattern with a test of the neckline as resistance. It is a high probability that EURJPY will continue to drop as the market is over-extended to the upside
EURJPYHi Traders,
I am waiting for SELL at maybe Bat pattern level at 4 Hour chart of EURJPY
Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
EURJPY-SHORTEURJPY is near a weekly trendline that serves as resistance.
On the smaller time frames, the 139.000 area seems to be holding along with the trend line. On the weekly TF, there’s been an EMA cross over which signals a possible continuation to the downside. It’s also near my 61.8% fib level, so there’s multiple confirmations that show a push to the downside. It’s just a matter of looking for an entry!
What do you think?
EURJPYHi Traders,
I am waiting for SELL at 2618 pattern level at 4 Hour chart of EURJPY
Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
EURJPY .Wait!!!! Don't Buy for long!!! My view on EURJPY.
after awhile of studying EURJPY, I noticed most SMC traders or most traders are still having a bullish bias due to the unmitigation of a supply that has not happened and price hasn't really get close to the supply In any way.
most traders will agree we're bearish, but a lot will agree that we're on a short term bearish move so they're still looking for buying opportunity when price gets to a demand zone to buy into the overall supply, due to the mittigation of supply that hasn't happened.
but that is totally wrong,!!!!
the main purpose of price going back up or down after every break of structure is to rebalance price, which mean retracement to fill in any inefficient price action or Imbalance, and when price Is done with that it is ready to continue the trend.
mitigation might come in while price get rebalanced at discount or premium pricing, but note,
after price moves from discount to premium or from premium to discount, to rebalance price, and it has started a reversal without mitigation, any zone against the order flow becomes low probability, which means they're likely to be take. out.
This is same on EURJPY daily TF. this mainly happened with the large TF