Eurjpytrade
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 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.
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 .
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Trade Safe
Alpha Trading Group.
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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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 🤍
EURJPY Once again, market will always leave clues as to what it wants to do, I do not predict the market but my bias would be for a sell position seeing the price action clues on weekly and daily.
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Past results does not Guarantee Future Results, do your due diligence.
Trade Rules:
Use proper risk management
When the trade is taken, once in 20 pips profit, breakeven and protect your capital
As trade moves, look for fresh entries in line with the position taken