EURJPY BUY/SELL SETTINGSWill be looking to buy to sell at my POI on this pair. Volatility very low hoping it picks up this week and patience will be everything.
Eurjpytrade
EUR/JPY Long TradeHey Guys!
The current eur/jpy weekly bias is long. Or in other words, price is likely to reach 139.98 before reaching 124.34
In this post, I explain the reasoning behind this long set up as well as how I plan to trade it.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
EURJPY Short From Resistance!EUR-JPY surged higher to retest
The horizontal resistance level at 137.555
So I think that a pullback
And a bearish move down
Towards the target below 132.791
EURJPYSupport and resistance line hit at around 138.800. on one day time frame formation of a hanging man. on the RSI indicator an oversold position its still active which may suggests a reversal pattern to around 135.500.
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.
EURJPY Short into 134.450 and 132.750Confluences
1. Monthly Resistance
2. Daily Went above then came back below the monthly resistance and recently-made strong resistance that should be support to go up further
Most likely, this will have a monthly pullback.
Target 1: 134.450
Target 2. 132.750
EURJPY hourly long | algo TradingEURJPY hrly long
buystop @ 136.772
TP #1 @ 137.104 78% wr
TP #2 @ 137.475 49.33% wr
SL @ swing low 136.438 13.33% hr
⚠️ half risk due to lack of volume
WR and HR Determined from past trades on this pair, on this timeframe.
More trades like this on my profile and on Bifrost trades
EurJpy Possible SellEurJpy Possible Sell
-Possible Sell For EurJpy @136.788 With Confirmations From Break Of Structure Shift Bearish 15M & H1
-WIth Possible Target at 3H Shift Base Price Point
EURJPY A Great Selling Opportunity 🤨👌Trade Proposal:
There is a probability of first tp to the proposed ( 135.775 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
EURJPY is in Downtrend and It is Expected to Continue Downtrend.
EURJPY LONGS 📉📉📉📉 Expecting bullish price action on EJ as i think price will hit the weekly highs + buy side liquidity area ASAP. We have a huge bullish momentum with JPYBASKET melting intot the ALL TIME LOWS.
Retail Herd is trying to SHORT this pair wanting to catch the TOP.
What do you think ? Where we go next..
EURJPY Weekly Outlook:EURJPY is on weekly main supply, we are expecting that it will drop from this area if confirmation done in Daily Time frame, if confirmation not done then we can buy from weekly demand 127.962. to monthly supply 147.332.But If break the Liquidity level 140.944
EURJPY Daily Outlook Are you ready for Sell??EURJPY is ready to sell, we have to wait until market break the Demand then we can enter from a fresh Supply. Best of Luck
EURJPY looking for a buy, But waiting.EURJPY is a buy but waiting to price break the range and retrace down to 133.800/134.000 area. so that is the good area to buy.
please manage your risk, price may go into the opposite direction so please manage risk.
EURJPYEURJPY has been respecting the supply zone it formed on the 1hr tf. My bias for this pair is that I am expecting it to continue with its short term pull back until the 45min/1hr demand zone where depending on how price reacts I will be looking to take on long positions back to the upside. There is also a 15min OrderBlock right below the 45min/1hr demand, however, the 45min/1hr zone looks more promising for potential entries for long positions. Do your due diligence first.
EURJPY Long Analysis Hey traders, here is the analysis for the EURJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. Disclaimer:- This is not financial advice.
EUR/JPY Short Trade UpdateHey Guys!
As you guys know, the assumed weekly bias was short. Or in other words, price is likely to reach 114. 40 before reaching 133.68. (Though the main target has changed. Explained in the video.)
However, due to long confirmation forming on the 1h chart for the last 2 weeks, I did not take any further short entries. That said, I did take a loss of -$1800 from the initial short entry I took about 1 month ago.
In this video, I explain what I learned from the loss and moreover my outlook for this pair in the coming weeks.
That's it!
Have a great day guys!
Ken
Disclaimer: This is not Personal Financial Advice.
EURJPY LONGEURJPY has been moving in a down trend for serval day. Current price action suggests that the pair might be in for a short term bullish correction.
The patterns we spotted which are in line with our short term up trend basis include an inverse head and shoulders pattern in Daily and H4 time frames
with the H4 being the more clearer. We have also spotted a trendline breakout, close and retest followed by a change in market structure by the breakout,
close and retest of our key level. The target for this particular trade is around the 132.6**The risk reward for the trade currently stands at around 6.81 to 1.
We plan to hold this particular trade until out target is reach or close manually as per the rules of our trading plan.
EUR/JPY Short Trade UpdateHey Guys! Just a quick update!
As you guys know the current weekly bias on the Eur/Jpy is still short. Or in other words, price is likely to reach 114. 40 before reaching 133.68. (Though the main target has changed. Explained in the video.)
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 days and weeks.
That's it! I'll keep you guys updated!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
EURJPY A Great Selling Opportunity 🤨👌Trade Proposal:
There is a probability of first tp to the proposed ( 128.500 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
EURJPY is in Downtrend and It is Expected to Continue Downtrend.
eurjpy short positionThe euro is at a significant resistance level. I myself have opened my selling position since Friday and kept it until I see the Monday market. I think it will give me a good profit.
EURJPY Potential Long !!EUR-JPY broke the downtrend line
And he went up from there
Now the pair has retested the support block 127.6
I think that after a retest area
The pair will rise to the resistance level 132.65
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
