EURJPY H4 view PREPARE TO TRIPPLE YOUR ACCOUNTS WITH EURJPY EURJPY Will go short after RETEST however in overall we are looking for BUYING ( SWING)
Eurjpytrade
EURJPY BullishAs we can see a range market since 2/12/2020. Now market showed us a Elliiot wave bullish sign.
1st it will touch support line or TL then it will shoot.
EUR/JPY Technical Analysis
The counter has broken out of the critical resistance of 126.8-127.
Further, it has broken out after strong consolidation in the form of flag patterns in price action and RSI indicator.
Hence, we expect the breakout to sustain and catapult the prices higher.
EurJpy needs to make a decision For almost a month now, EurJpy is trading in a tight consolidation just under 127 important resistance. Since May the trend for the pair is clearly up and now we also have a rectangle continuation pattern. I expect a break above 127 sooner rather than later and the pair should accelerate gains to 130 next important resistance.
I'm bullish as long as the price stays above 125.50
EURJPY SELLThis is EURJPY 4H timeframe analysis, i'm expecting the market to go down for a retracement before it'll go up.
SELL SELL SELLHello Team, EURJPY has created a distribution phase. my team is already in this trade the next lower level shall be our tp
EUR/JPY Taking A Short Position1) Euro has been getting very strong lately but it has to make an impulse to the downside before continuing to go up.
2) JPY is also very strong, hedge funds have been adding long positions for a while now so the move to the downside will most likely happen.
EURJPY: Don't Miss the Great Sell OpportunityThere is still a possibility of temporary retracement to suggested resistance line (126.75). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Hi traders. Possible bull trap formingHello Traders, Avramis Swing has suggested a possible Bull Trap forming on EUR/JPY H4 Chart @125.774. The Fibonacci levels outline potential targets, with an invalidation level at around 126.729. Let us know your thoughts in the comment section below. We will execute this trade once all our rules are aligned. We suggest keeping this pair on your watchlist.
Trade Details
Entry: Sell Stop @125.774
Stop: 126.729
Target 1: 125.211
Target 2: 124.256
Target 3: 122.699
Time Frame: H4
Trend: Down
Pattern: 11
Overall score: 5
We suggest closing half your position @Target one and moving your stop loss to the breakeven level.
Leave the remaining position for Target two.
EUR/JPY with the next PUMP!Hey tradomaniacs,
EUR/JPY broke out of its consolidation as expected and could give us a great opportunity to buy the retest 👉
After creating a typical flat-type-correction (W-X-Y-X-Z) within the 4-th-Wave we could see another wave upwards in order to complete the last 5th Impulse-Wave.
A retest of the previous consolidation will be important to see whether this is a fake-out or not.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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EUR/JPY BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation! As always we will have to wait for a confirmation!
EUR/JPY: Daytrade-Preparation
Market-Buy: 126,380
Stop-Loss: 126,150
Point-Of-Riskreduction: 126,770
Take-Profit: 126,830
Stop-Loss: 23 pips
Risk: 0,5% - 1%
Risk-Reward: 2,0
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 - Analysis Breakdown Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on EURJPY, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner.
Feel free to comment a pair or subject you would like me to cover next.
Trade Safe
Alpha Trading Group.
EURJPY - Entry point Who didn't buy it now is a great opportunity to buy it.
part is fixed. Part is left to continue.
It is possible to add to the position only after the breakdown.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions here!
Thanks for your support!
EurJpy- I maintain my 130 targetFor almost 2 weeks now, EurJpy is consolidating gains just under important horizontal and long-term trend line resistance.
As I said before, I expect a new leg up from this pair and 130 zone is my target.
125.50 zone should be very well defended by bulls and a break above consolidation should bring continuation and confirmation
EURJPYUpdate to my previous chartwork: I believe the overall trend for this pair is bullish bias, however there will be be a moderate retracement below the 125 handle. I left out indicators as I trade purely based off naked charts/candlestick analysis more often these days as they've been playing up to par.
Short EURJPY - Testing important monthly resistance areaShort EURJPY - Testing important monthly resistance area
- Trading on top-end of long-term symmetrical triangle pattern in monthly chart
- JPY is gaining momentum
- Stochastics is overextended and is in overbought territory
- RSI looks weak and is hovering around the 50 level with consistent lower highs.
Entry: 126.20
Stop loss: 127.4 (120 pips)
Target: 124 (220 pips)
EurJpy- consolidation in descending trendlineAs I said yesterday I expect EurJpy to continue higher.
As we can see from the daily chart the pair is consolidating for 7 trading days now just under this important and definitory resistance and in my opinion, we will have a break to the upside.
125 is very strong support now and 125.50 zone should hold for the bulls to be in total control
