Eurjpysignal
EURJPY / SHORT TO HELLAfter that amazing pullback, it looks as though EURJPY is going to drop again
We were in the middle of a downtrend anyway and now there is a 1hr pin bar and a 5m one more or less in the same place
My reason for the short is right now the weekly candle is engulfing the previous week's candle.. if we are in a downtrend then this weeks candle has to do something drastic to show a rejection
I think tomorrow may be big for this pair and other correlating pairs
EUR/JPY WILL IT MAKE THE RETRACEMENT?Monthly
The price is moving between supply and demand. The price is currently on the way to the supply area. We can definitely expect the price to reject the supply area.
Weekly
Price is currently over extended. When price is over extended we can expect a correction. We could definitely expect the price to reach a little higher before the correction to the down side.
Daily
The price is currently creation higher highs and higher lows. The price is definitely in an up trend. When the price switch to bearish structure we can start looking for entry's.
In general we have to wait for the change of environment to the down side in M,W and D to look for a short opportunity.
Also remember, to have better point of entry we have to look in lower time frames.
EUR/JPY Short Trade UpdateHey Guys!
As you know, I'm currently waiting for a pullback to at least 131.67 for a short entry with the stop loss at 133.68 and the main target at 114. 40 .
On the last 4h move up I didn't get the pullback to my entry level at 131.67 by roughly 8 pips!(Wha-----t?)
So I've been watching the lower time frames for signs of short term long strength to see if I can get that pullback.
In this video, I show how I was able to tell that we will be getting a move down for the last week or two. Just a short explanation of reading strength of the longs or shorts through price action.
So I'll keep you guys updated with this set up!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
EURJPY RISKY LONGS 📉📉📉📉 Expecting bullish price action on this pair as price takes out weekly low that means a intra-week reversal should occur, price made a bullish bos retraced back and failed to make the low lower, a h4 bullish closure would be a nice confirmation to long it for 2.5R
What do you think ? Comment below..
EURJPY Descending Channel Pattern#EURJPY Hello trader, I hope are good and safe. Today I opened the chart of #EURJPY for 15 MIN and analyzed it then I see that this chart has made a DESCENDING TRIANGLE PATTERN, So I hope #EURJPY will go downside,
Now Nice opportunity for short.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
EUR/JPY SELL IDEAHey tradomaniacs,
welcome to a new free trading-setup.
EUR/JPY :Daytrade-Preparation
Notice: Waiting for confirmation!
Market-Sell: 129.435
Stop-Loss: 129.740
Point of Risk-Reduction: 129.145
Take-Profit: 128.030
Stop-Loss: 28 pips
Risk: 0,5% -1%
Risk-Reward: 5,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
EURJPY Trading IDEAHello Friends,
We are into a very strong selling zone for EURJPY. From my analysis it's a short time for this pair. There are multiple rejection from the trend area. Now it is retesting this pair. I hope after retest price will go short.
It's an analysis and my trading idea. You always trade at your own risk. Where trading is always risky.
Happy Trading!
Thank you!
EURJPY, We are in sell boxHello everybody
If you want to learn Fundamental & Technical analysis send us messages in private (Our id is in profile)
According the chart, in our idea time frame the trend of the market is being weak to move more upwards and we are now in sell zone area.
You can take sell position and after that put your SL and wait until the target reach.
We will try to update more target but risk free your position and manage it .
Good Luck
Abtin
Previous analysis :