EURJPY-Short#EURJPY
Market is not bale to cross strong resistance. Great selling opprtunity will be seen soon. Wait for trendline brokage.
Eurjpytrade
EURJPY Weekly Forex Analysis & Trading Idea for 4-8 October 2021EURJPY Weekly Forex Analysis & Trading Idea for 4-8 October 2021
EURJPY SellAggressive Sell
Reasoning:
Price has shown consolidation and failing to push higher after breaking the trend line (White Box)
Price has formed a lower high and lower low
Price broke minor structure
Price rejected Level 130.000 Multiple Times
EURJPY sell with OBHello Traders Welcome back to another profit day
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Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
EURJPY with OB view
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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have a good profit week guy
Do not miss this sell opportunity on EURJPY!Traders, as I stated earlier that we can expect EUR to do badly this week if it will not stand its ground to gain some weight.😂
EURJPY is currently at the resistance of June 2021 trendline. I expect price to drop from here. Sell opportunity can be taken right away with stop loss above the trendline.
Trade smart😁
EURJPY Short
EJ came back into our resistance area on Friday and clearly rejected with a full bearish candle on the 4hr. Closed under 129.700, came back to retest and is rejecting also with clear momentum. We also formed the right shoulder of a H&S on the 1hr.
EURJPY Dual-Direction AnalysisWait for confirmation on level 129.500 for buy/sell
Overall Reasoning:
- Level 129.500 has shown good reactions in the past (Scroll back to see)
Sell Reasoning
- Trend line was broken with a strong bullish push causing a S&D imbalance which is expected to be filled and retest trendline
- Overall trend is still bearish (Unless price rejects level 129.500 and moves higher)
- Wait for a break and retest of 129.500 level to sell.
Buy Reasoning:
- Price formed a long-term double bottom on level 128.000
- Broke previous lover high (Red), waiting on a retest.
- If price retest level 129.500 with bullish confirmation, look to go long. (Aggressive)
- Wait for a considerable retracement between 129.000-129.5000
EURJPY Short Signalafter creating a Lowe low it will be now resetting the price and ofcourse the EUR is weak so it will be dropping. Please do leave a like <3
Incoming Bulls : EURJPYFX:EURJPY
We expect a little drop to clear out liquidity at the EQLs from LTFs, tap the OB then continue bullish.
EURJPY-Long#EURJPY
time to buy it already we have secure 120+ PIPS in sell. Now we can buy from support.
EURJPY ( WE ARE GOING TO THE MOON SNIPER)As you can seen the price has broken the structure from the previous bearish trend meaning we are ready for the upside momentum
EURJPY chances for longAfter the rejection from yesterday high it crossed its last support and it may be looking to grab liquidity and start moving upwards
EURJPY seems like a favourabile long EURJPY seems to have got support around 129.65 as we have seen shift from this level last month. We might see a small move up to the 130.60.
:D
EURJPY Analysis (Bearish Case)We have seen some JPY strength this week! The same scenario can be seen on EURJPY. Any price close below 130.10 will be an indication of more bearish moves on this pair!
EUR/JPY : SWING PRICE ACTION - PRICE IS GROWING ! LONG SETUP ⚡️Hello Everyone, I hope you'll Appreciate our Price action Analysis !
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EURJPY: Two Trading OptionsThis is an illustration of the two potential trading scenarios that may present themselves in this region.
Option 1
Price fails here after wiping two previous high liquidity points and comes back to mitigate buyers before rising again.
Option 2
Price pushes higher to regain liquidity from some long term sellers before continuing bearish down to the structural region.
What option are you going for?
EURJPY-Short#EURJPY-1H
Bullish trend line is broken and also retested. Ideal time to sell the pair. As details already share in bigger timeframe
EURJPY-Short#EURJPY
Market has pushed back from resistance level.
In daily timeframe market is repeating history.
Looking forwad that pair will form Heada&Shoulder pattern.
At the same spot i am seeing descending channel and currently market has pulled back into it from resistance.
So all things supporting strong sell. Don't miss opportunity.
EUR/JPY:DOWNTREND|FIBO PULLBACK|PRICE ACTION+NEXT TARGET|SHORT🔔Like a photocopy of EUR/USD, thanks to the principle of correlations, we have a very strong positive correlation of these two pairs and so we can see how EUR/JPY consistently follows the chart of its Major EUR/USD which is the reason why in recent sessions we have seen YEN take breath on the EURO having sessions with bullish impulse. Nevertheless it is obvious to say, just look at the chart, notice the pair a bearish moment, within a Bearish channel with the further confirmation of 21 Jul. by the crossing of the two simple mediums 50+200 "Death Cross ". The Stochastic indicator is in Overbought with divergence. A further sign is the presence of the Fibonacci retracement level that acts as a dynamic resistance in the last sessions with the 61.8% level acting as a key Pullback for the price. In our opinion, the price, noting all the attention described above, will continue to fall immediately.
Can bears gather enough power to force the EUR/JPY into its horizontal support area?
EURJPY: Ready to drop?EURJPY D1: A strong downtrend, with bearish breaks of structure, LHs and LLs. (See Updates)
Now, price finds a bearish order block. Looking for the next LH to form there.
4H: Expecting price to continue to maintain the bearish momentum, form the LH, follow with a BOS to grab the liquidity at the relative equal lows, and form the LL.
