Bearish EURJPY - 28 July, 2022After consolidating in a large range for several weeks, in mid July this pair made a lower high. Now price has broken below an important support located around 137.250. I am expecting the bearish trend to continue, hopefully after price pulls back to the area of previous support.
If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content. Please comment and share your own thoughts!!
Always use sound money and risk management and stay patient in all your trades .
Eurjpyshort
EUR/JPY Trying To Do As Last Time Broke The Supp , Let`s SeeThis 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.
WILL EJ Fill That Imbalance?In This set up i applied my 4WD Strategy Formula.
It's based on Objective patterns that the algorithm throws before a move Short or LONG.
In this scenario we are looking for the short.
Four Wick$ and Drop is simple and self explanatory.
When you chart excellent and accurate STRUCTURE you can formulate your own objective formulas and strategies to extract as many PIP$ out of the Macro Moves at the start with little to NO draw down.
This is the Sniper Way!
Never over leverage. This allows you to alway stay in the game.
Trust your trade set ups. Just because they don't manifest immediately: always remember it takes time for an oak tree to grow. But when it does it's BIGGER than all of the other trees:)
Same with your trade set up. Give it time to grow and mature into your set up. Don't dig the seed up before it blooms.
Last but not least: HAVE FUN!!!! We are in thee BEST space in the WORLD! We are navigating a 6 Trillion Dollar Market daily. So GRATITUDE is a way of LIFE for the Sniper.
Now let's see how the algorithm follows the script!
Week6 - EURJPY | Fibonacci ChartingTaking a short sell trade on Currency pair EURAJPY as new HH formed with evening doji star and candles will test 23% fibonacci level and there support as well near fibonacci level. Take profit and stoploss defined with respect to support and resistance and fibonacci level.
Eurjpy correction completeHi everyone in the Trading View community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:EURJPY
We can see market testing its trendline and in a correction phase.
So we are expecting more fall from its resistence TL.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
Risk Warning:
Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence