Eurjpyshort
DeGRAM | EURJPY shortEURJPY is making lower lows and forming descending channel.
Price has tested 136.600 level multiple times before.
There is higher chance that price is going to break that level.
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$EUR-JPY Analysis May 1, 2022The price is showing some weakness recently and the bullish trend is getting messed up.
I'll be looking for short setups after the breakout of the trendline the OTE can be choppy especially because the price made many bullish key levels that might act as support when the price is falling.
one another confirmation this huge recent candle on 4h time frames shows high selling/supply pressure on the paired which might lead us to a further drop in price.
Good Luck!
EURJPY So what now ????👍👍👍👍This is EURJPY on the 15mins Timeframe, Price broke a support and presently ranging which formed a little bullish channel as spotted on the chart.
We will patiently wait for the price to break the current channel upward or downward. IF broken upward, Price might retest the broken support @ 137.127 and start selling and price might also violate to form a false break out and start buying upward
WE DON'T PREDICT. WE REACT TO WHAT WE SEE
WATCH OUT
1. Break of current channel either upward or downward
2. A possible retest of broken support @ 137.127
3. Candlestick confirmation
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EURJPY | EMA-200 SUPPORTEURJPY is trading in bullish trend. Recently the pair made a swing high of 140.050 where we witnessed selling. The price took support from Ema-200 and bounced back. We are expecting bulls will continue their upward journey and push the price higher than last swing high.
Trade your levels accordingly.
EUR/JPY Running In 80 Pips , 0 Drawdown, 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
EUR/JPY Retest Broken C.T.L,Short Setup If We Have ConfirmationThis 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