Eurjpytrade
Possible Long on EURJPYPerfect Gold setup here. I think this could be an 80 pip long. Here's why...
200-EMA holds as the price bounces off it in the support zone
price seems to be breaking the counter-trend and continuing the overall up-trend
price dipped into the oversold region on the MFI indicator which hints at a possible reversal
Always trade at your own risk. I would take this analysis on the 4-hour chart and go down to the 1-hour chart to draw up key-levels which I'd use to place my entries and exits. Will continue to
EUR/JPY long-buy weekly analysisEUR/JPY long-buy weekly 120-125 break target profit resistance
700 pips potential profit and 30 pips stoploss support with 20 rr
Indicators and oscillators are oversold weekly, rsi, demarker and bb etc.
EMA, MA and MACZ-Vwap etc.crossing for bullish movement
Economic calendar release are all bearish and hawkish
EURJPY. The price of Euro makes a comeback.Hello dear subscribers!
The price of the Euro fell sharply in 2 months due to the pandemic.
A small flag pattern is visible on the chart
and as soon as the price reaches the level of 117.500 you could buy,
because the price will rise to the target at a key level.
Good luck to you.
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This idea does not provide the financial advice.
EURJPY- Potential Move Buy ___
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EURJPY Quick Buy MovePrice is at a monthly level 116.315 and looks ready to reverse currenty still on a downtrend but the previous candles show long wicks and a loss of momentum as they get closer to the bottom of this SR area. This will be taken as a DRC so in order to enter long, price will need to break the trend line and retest of monthly SR area 116.315. Price could reverse back down and continue its downtrend but we have approached the swing low with no recent pullbacks of this area. Before Entries I will jump down to the smaller timeframe to confirm bullish momentum. Keep it Simple Stupid