Eurjpytrade
EurJpy- A new leg down?The long-term trend for EurJpy is clearly down for a few years now (visible on the weekly chart) and after 2 failed attempts to reconquer 125 in October, the pair dropped to 121.50 zone.
The rise from this point is corrective and we have a clear resistance at 123 (the last broken support and congestion zone)
I expect bears to take control next week and we can see a new low for this period around 121
I'm looking to sell this pair
EUR/JPY DAYTRADE-EXECUTION!! SHORTEUR/JPY DAYTRADE-EXECUTION!! SHORT
Market: Sell-Limit : 123.410
Stop-loss : Close Break 123.990
Target 1: 122.600
Target 2: 121.960
EURJPY - 4hr Signal; It's ready to bite the dust... againYou know the deal -> arrows.
Obviously one is looking for fresh SHORT Entries here. (Unless you are deep in the money already off of our ongoing SHORT Signal then just stay with it!)
EURJPY ShortThe pair showed no buying force to break the trendline and started to fall (short).
As soon as the hourly candle closed with selling force forming a shooting star candlestick, I just waited for the closing of the next candle to have a confirmation of selling force and I was able to enter a short position. R / W - 1/4.2
Entry: 123.991
EURJPY setting up for a big dropEurjpy sell between area suggested, watch price action in smaller time frames to add to your short positions
TP 121
SL 126
EURJPY Short IdeaThe pair consolidated for a few hours forming a triangular figure between trendlines, until it broke the bottom giving rise to the idea of a short trade.
(It also looks like an Head and Shoulders formation)
R/W - 1/2.5
Entry: 123.967
SL: 124.220
TP: 123.300
EurJpy 4hrs IdeaHello Traders, 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.
EURJPYOk this one is a nice one from a closer look we have two opportunities one to buy next to buy (maybe , we have too see the next move)
EURJPY - Trade Review & Updated Forecast. Welcome traders to a free analysis breakdown.
Today I have broken down the trade we took 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 outlookAfter breaking down the rising wedge, EurJpy dropped and found support as expected above 123 zone (horizontal support and beginning of the wedge).
I expect a bull move from this point and 124.50 could be the target
EUR/JPY Technical Analysis
The counter has made a retest of the broken head and shoulder neckline.
It has made the retracement in the form of a bearish flag and has broken down from it.
Further, it has crossed critical support of 123.9 and hence we expect the pair to be bearish in the short-term.
EURJPY - Flight 125.45I and the team have entered a buy position on EURJPY with an upside target around the region of 125.45. We have a key demand level marked out that we are beginning to see signs of reaction from, lets see if the EUR can pick up its speed and get back to the dominating bullish trend it was once on.
COT Data - 61% Short
IG Client Sentiment - 38% Long
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- I remain bearishOn Friday's commentary, I draw attention to a rising wedge visible on both H4 and H1 charts for EurJpy.
Now the trend line support of the pattern is broken and I expect a continuation to at least 123 zone.
The pair is trading at the time of writing in support and a small corrective rally is not out of the question.
This rally can provide bears a good opportunity to sell with a mentioned target and a SL above 125.50
EUR/JPY SELL 📉👋 Hello and welcome traders to another trade idea with Fobian
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👉 WE have sell conformation:
- Triangle formation and the candle close out of triangle.
- MACD give us SELL signal.
- Candle close below ASIAN session.
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Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
UPDATE: EURJPY did not manage to break out... BEARISH outlook!!!Just a quick update from my previous EURJPY. By looking at today's price movement, we can see that EURJPY did not successfully breakout 124.75, with current price level holding 124.75 as a strong resistance level. No retest was seen when price moved out of 124.75 instead looks more like a fakeout. I am seeing a good risk to reward short opportunity down to 122+ price level (strong support level). BULLISH movement may come to a stop from here. Identified the level where a retest may occur before the fall.
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📢EUR/JPY Short setup approaching 👍👍Hello fellow traders. I'm looking at a short setup here. Once the 4H candle can close I'll be monitoring price action on smaller timeframes foe an entry 🧐 If you like the Analysis feel free to drop a like and leave comment, we are grateful for all the love out there 🤍
