EURJPY will Move Soon 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
Eurojapaneseyen
💵Euro/Japanese Yen 💵Analyze(Update)!!!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 follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
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💵Euro/Japanese Yen 💵Analyze !!!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 strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
💵Euro/Japanese Yen 💵Analyze !!!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 loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
💡Don't miss the great buy opportunity in EURJPY
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 support.
. The RSI is at 76.
Take Profits:
TP1= @ 131.75
TP2= @ 131.95
TP3= @ 132. 40
SL= Break below S2
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💡Don't miss the great buy opportunity in EURJPY
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 support.
. The RSI is at 77.
Take Profits:
TP1= @ 131.75
TP2= @ 131.95
TP3= @ 132.40
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EUR/JPY: IDEACurrently @ 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 entries below 129.500
If scalping use 130.600 & 129.800 as support & resistance levels also TP & SL levels