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Eurjpyshort

EURJPY (SHORT) 🔥🔥🔥Line chart view. This is a wedge pattern. This clearly shows exhaustion by the BEARS and we should wait for the BULLS to take over the market. Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
Short
by Thewest-sidetrader
EUR/JPY Short Opportunity: Heading to its trendline resistanceFundamentally EUR is under pressure because of the Russia-Ukraine war. But JPY is also weak a lot. As a result EUR/JPY has advanced nearly 650 pips from its recent swing lows. There is no credit for EUR in such up. Just because the JPY is too weak. "The longer the war continues, the more likely it becomes that the real economic and inflationary effects for the eurozone will be significant. And that is why that prospect is negative for all EUR-related pairs. EUR/JPY is one of the major indicators for the stock. If EUR/JPY drops, I have seen the stock also drops. That's why investors use EUR/JPY as a stock indicator. European countries invest more in the military, defense, and security sectors than their economy. So, if the Russia-Ukraine war keeps continuing, the European economy will harm a long time. So, I don't think EUR will remain strong against JPY based on the present condition. So, if we get EUR/JPY in trendline resistance level, there could be a good chance to short EUR/JPY. ER/JPY short zone ( Trendline Resistance Zone): 132.50/133.00 Stop Out level: Above the trendline resistance level and high swing zone: 134.30/134.50 Target zone 1: Immediate trendline support: 130.00/129.85 Target Zone 2: 127.50/127.00
Short
by Gold_Trading_Expert
1
EURJPY Short - Risk/Reward 1:2.5 - mid-termShort setup for EurJPY : With the money flow index and RSI decreasing on the 1W weekly frame, and after a strong reversal from 7th March lows (124.4), EurJpy is expected to see a selling pressure in price levels between 132 and 133. These price levels lie between a strong 1W Finbonacci level and the trendline joining the highs from june 2021. We look for taking short positions between 132.2 and 133. SL = 1D close above 134.3 which signifies further bullish continuation towards 137. TPs and proposed %s for closing the position: TP1 = 130.5 (20%) TP2 = 128.9 (30%) TP3 = 128 (20%) TP4 = 127 (20%) TP5 = 126.5 (5%) TP6= 125.3 (5%) with an effective closing position around 128.3 (+400pips) this short opportunity represents a Risk/Reward ratio of 1:2.5 Good luck samurai
Short
by Samurai_07
EUR/JPY Short Trade UpdateHey Guys! Just a quick update! As you guys know the current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 114.40 before reaching 133.68. In this video, I explain the short position I'm currently holding and the reasons why I took the entry, as well as how I plan to trade this set up in the coming weeks. That's it! I'll keep you guys updated! Have a great day! Ken Disclaimer: This is not Personal Financial Advice.
Short
by TradingForexPriceAction
1
EURJPY PLANNING AHEAD FOR TRADESFor More Daily Detailed Analysis Videos, go ahead and Click on the Follow Button. If you do have any questions, please ask them in the comments section below! As we Start the London Trading Session we can have a look at the EURJPY. Today we will see ECB meetings commence and it is important to plan the assets we are trading before hand.. After the strong move up on better market sentiment we are arriving at key short zones for intraday Trading. We are looking to enter the market at key market memory zones.
Short
by WillSebastian