EURJPY Target HitA smooth and consistent buying we saw in this pair ...
As I mentioned in my previous post about EURJPY our Target of 146 achieved.
Congratulations to those who took benefit out of this analysis
250+ pips of pure profit 📈
Eurjpytrade
W Formation on EURJPY showing strong upside to 157.57W Formation formed on EURJPY.
Broke out and now is showing upside momentum.
7>21>200
RSI>50 (Higher Lows)
Target 157.57
SMC
Sell Side LIquidity Order block where SM is sweeping sells and buying into them.
Hence we placed a stop loss just below this order block...
NOTE:
This formation is a W Formation and NOT a Cup and Handle because the second rounding bottom is more than 50% of the first rounding Bottom.
If the height was less than 50% then it'll deem it as a Cup and Handle
Broke Resistance ie 143.50 and now looks GoodAs I told you guys in my previous Chart (Link attached)
That after placing low around 142.50 EURJPY mentioned resistance was 143.50 and after breaking it successfully now price is in our favor and running in 150+ Pips of Profit...
Eyeing towards its Ultimate Target of 146...
Congratulations to those who took profit out of this analysis...
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EURJPY SHORTAs we can see on 4H PEPPERSTONE:EURJPY chart forming SMC BAED another sell setup. Within this week I'm accepting to price slowly move to our entry point & then price will drop to next liquidity level.
EurJpy LongI am looking to buy EurJpy once it breaks the above resistance and closes above. My setup will be invalid if it breaks the below support and continues to sell
EURJPY - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on EURJPY.
Technical analysis: As we can see here we are in a bearish market structure after the change of character, so I am looking for shorts. I expect price to continue the retracement to fulfill the imbalance higher and then to reject from bearish order block.
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EURJPY SHORTS - BEARISH MOMENTUM!Waiting for a retest of 142. to short EURJPY back down to weekly swing lows at 137.547
If you agree drop a like and if you have any questions leave a comment :)
EURJPY SELLHi fellow traders, EURJPY is completing this WXY correction in a flag pattern . Look for a move down from the blue box area and target the support levels. Good luck and trade safe!
EURJPY H1Here is my view for EURJPY on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURJPY SELLWelcome . The euro against the yen. in a very negative state. With the price reaching an important area. It is manifested in the convergence of the descending horn. And re-test the package that the price broke. With very negative candles on the daily chart, there is a lot of pressure from the sellers to lower the market. To 142,500 levels in the first stage. Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
EURJPY Prediction H1Here is my view for EURJPY on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURJPY Next Possible MovePair : EURJPY ( Euro / Japanese Yen )
Description :
Break of Structure
S / R Level
Bullish Channel as a Correction Pattern in Long Time Frame and Breakout of the Lower Trend Line and Retracement
Fibonacci Level - 61.80%
Divergence
Exp FIAT is Short Time Frame and Rejection from UTL
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUY very fast in previous weeks with JPY WEAK after BOJ MEETING. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW.
- Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more.
EURJPY can sell at 140.10 level before buying. After that you can BUY at 148.00 LEVEL. If the MAIN STRUCTURES BREAK somehow, EURJPY price can definitely be BUY at 146.61 LEVELS.
EURJPY Next Move ReadyPair : EURJPY ( Euro / Japanese Yen )
Description :
Divergence
Rising Wedge as an Corrective Pattern in Long Time Frame and Breakout of the Lower Trend Line and Retracement
Break of Structure
Bullish Channel in Short Time Frame
Completed " 1234 " Impulsive Waves
EURJPY Bearish Bias!EUR-JPY has retested
A rising resistance level
From where we are already
Seeing a bearish reaction
So a further move down
Is to be expected
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUY very fast in previous weeks with JPY WEAK after BOJ MEETING. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW.
- Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more.
EURJPY can be SELL at 143.80 level before BUY. After that you can BUY at 148.00 LEVEL. If the MAIN STRUCTURES BREAK somehow, EURJPY price can definitely be BUY at 146.61 LEVELS.
EURJPY - Trade idea!EURJPY - Trade idea!
This post is purely based on technicals!
Pattern: Wedge/Triangle - A break to either direction.
Highs: 145.575
Lows: 144.030
If it breaks the highs expect your target areas to be 147 low areas & If it breaks the lows expect your target areas to be 143 areas (200 EMA).
Be careful of false break outs and we do have a busy day on the docket today!
ADP, Powell day 2, JOLTs!
Have a great day ahead!
Trade Journal
EURJPYBUYWelcome . market . EURJPY. In very positive condition. with a transverse zone fracture. and re-test. There is a very strong buying opportunity. to target an area. 145,000. Good luck everyone
UPDATE EURJPY on its way to 146.43Descending Triangle formed broke above and the Bullish bias was strong for EUR/JPY.
We also had other peripheral indicators showing upside.
7>21
RSI>50 - higher lows
The target remains at 146.43 and I'm happy to hold this one.
EURJPY - Short active ✅Hello traders!
‼️ This is my perspective on EURJPY .
After a change of character here I look for shorts positions. Price almost filled that huge imbalance and could reject from here to continue the bearish price action.
Like, comment and subscribe to be in touch with my content!
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUY very fast in previous weeks with JPY WEAK after BOJ MEETING. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW.
- Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more.
EURJPY can sell at 141.636 level before BUY. After that you can BUY at 147.15 LEVEL. If the MAIN STRUCTURES BREAK somehow, EURJPY price can definitely be BUY at 146.61 LEVELS.
