the instrument is getting sneezed in a triangle which is very much located in a heavy Distribution zone and between the monthly Support and Resistance areas which is a good sign of some upcoming volatility better to have an eye on it as as soon as break true and pull back we can trigger the trade we have 2 target areas for both the scenarios
A smooth and consistent buying we saw in this pair ... As I mentioned in my previous post about EURJPY our Target of 146 achieved. Congratulations to those who took benefit out of this analysis 250+ pips of pure profit 📈
Euro/Japanese Yen was able to break the resistance lines. Also, It seems that Euro/Japanese Yen completed microwave 5. I expect Euro/Japanese Yen to go down at least to Resistance lines like a pullback movement. 🔅Euro/Japanese Yen Analyze ( EURJPY ) Timeframe 1H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please...
Euro/Japanese Yen was able to find the end of wave 5 in the resistance zone and near the resistance lines. I expect Euro/Japanese Yen goes down at least until the support zone, and maybe more than it. 🔅Euro/Japanese Yen Analyze ( EURJPY ) Timeframe 1H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your...
Euro made a Bearish AB=CD Harmonic Pattern around 144 JPY . We can see point D of my pattern at my TRZ ( Time Reversal Zone ) & PRZ ( Price Reversal Zone ). I expect that Euro can go DOWN to the Support Zone . 🟢 Support Zone 🟢: 128.8 JPY until 124.9 JPY 🔅 Euro/Japanese Yen Analyze (EURJPY) Monthly Timeframe⏰ Do not forget to put Stop...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (131.10). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURJPY is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (131.10). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURJPY is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Currently @ 130.180 We expect the EUR/JPY to continue its uptrend to resistance @ 130.600 If it manages to break above 130.600 then the pair will attempt new yearly highs @ 131 But if it fails to break resistance @ 130.600, expect it to fall back to 129.8 and attempt to break below 129.8 & test 128 Long term entries Buys should be placed above 130.800 Sell...
Dates in the future with the highest probability for price direction reversals