EURJPY - DAILY H4 - BUY SETUP SWING TRADEEurJpy - Daily H4 chart- Price dropped into a weekly area of demand which gives us a good trigger to enter longs with a tight stop.
Eurjpytradeidea
EURJPY waiting for 1 hr breakoutWaiting for breakout from 1 hr range down. Price below long term SMA and 20SMA
Eurjpy Bearish flag pattern Eurjpy Make Down flag pattern ,,
if it break that downtrend flag pattern it going down
tp1 1.3200 and tp2 1.3100 sl above 133.50
Trade with care and happy trading
Asad ullah
short EURJPY @ 129.12I know its ECB day but with the short EUR trade the RR is so fantastic today that it definitely makes sense to trade this one.
Shorting EURJPY here @ 129.12
Stop at 129.52
Targeting 127
Let the games begin . I will be sitting with trigger ready and might pull it off early if we get a decent exit during the statement or the presser.
EURJPY approaching major support, prepare to buyBuy above 123.78. Stop loss at 123.15. Take profit at 125.32.
Reason for the trading strategy (technically):
Price is approaching major support at 123.78 (Fibonacci retracement, Fibonacci extension, horizontal overlap support) and we expect to see a bounce above this level for a rise to at least 125.32 resistance (Fibonacci extension, horizontal swing high resistance).
Stochastic (34,5,3) is seeing strong support above 4.7% where we expect a bounce from.
EURJPY testing major support, prepare to buy for a strong bounceBuy above 122.56. Stop loss at 122.30. Take profit at 123.63.
Reason for the trading strategy (technically):
Price is now testing major support at 122.56 (Fibonacci extension, horizontal swing low support, bullish divergence) and we expect a strong bounce up from this level to reach at least 123.63 resistance (Fibonacci extension, horizontal swing high resistance).
Stochastic (21,5,3) is seeing strong support above 4.1% and also displays bullish divergence vs price, signalling that a bounce is impending.
EURJPY WEEK#7 : 1st Pending Order SetThis would be my first PO this week for EJ. Daily momentum still STRONG BEARISH.
Price find higher position before continue his trend. I wish mine is right.
Happy Trading..
long EURJPY @ 1h @ trading capability for this 1st week `17This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
still long EURJPY @ 1h @ trading capability this 52nd week `16This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
EURJPY End of Uptrend?DISCLAIMER: Hi everyone, I'm new to trading and this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas".
Talk about an uptrend! But as we all know, this cant last too long. Evidence: The highs on Monday 5th and the highs on Wednesday 8th. Forming here a resistance (blue line) two days apart. If we look at the hourly chart the movements after the 8th were small. Not much happening or showing confirmation that the uptrend will keep going. But there are also no new lows. So I've marked a support level from December 2nd that was almost tested on December 8th. Let's wait and see what happens but this could be a good short if that support is broken and indicators are strong. For example look at the RSI. It's been getting oversold all this past week.
EURJPY BUYHi Guys, Eurjpy brek little range.and makes a bulish candel and makes also previous days pinbar fault.i think now eurhpy buy mode.next target 116.60
