EURJPY - Long!
EURPY OANDA:EURJPY
Buy price - 138.6x
Initial target ON CHART
This targets below are Swing targets - may require larger SL
Targets - 141.05, 144.20 & above 148
Eurpy
EURJPY LONGS 📉📉📉📉 Expecting bullish price action on EJ as i think price will hit the weekly highs + buy side liquidity area ASAP. We have a huge bullish momentum with JPYBASKET melting intot the ALL TIME LOWS.
Retail Herd is trying to SHORT this pair wanting to catch the TOP.
What do you think ? Where we go next..
EURJPY, We update targetHello everybody
According to the chart, from that zone exactly dropping the price started and now you can risk free your position and moving with the wave of movement and then you can exit some of your position in each of target and again risk free it. Stop hunted the order was done and now the bearish of movement is being strong.
Good Luck
Abtin
Previous analysis :
EURUSD > SWING TRADE ( 19-10-2020 )Good day friends. Give us a thumbs up if you like our idea. Follow my profile to get new ideas and trade setups everyday
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EURUSD is trading within a channel . And in Elliot wave principal it will drop after the completion of Minor correction wave E . The price will fall after retest towards trend line below which the support level marked in the chart will act as resistance
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Its a forecast of the upcoming expected market move-Its not a financial advice
EURJPY: Trade Opportunities at Resistance The price bounced from the resistance zone formed by SMA20 and 124.350 resistance level. We should be ready to get interesting trade opportunities for shorting in the hourly and minutes timeframes. The main profit target will be the daily SMA200. Stop orders for all short trades must be placed above the local swing highs and the resistance levels.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
EURJPY ShortHello Bunny's, here is my analysis for EURJPY. Let me know in the comment section if you guys have any questions.
If you like my analysis please hit like.
Thanks
EUR/JPY o/s levels Demarker Daily EUR/JPY o/s levels Demarker Daily timeframe
Flag Pennant pattern 30 mins - 4hr timeframe
Maczvwap, rsi ema, ema/ma are crossing for push to the upwards
Entry at Vwap and PP r/s
EURJPY Counter Trend Trading OpportunityI went through this in more detail in my latest YT Video but essentially lookin at this major level of respected structure resistance for a second test.
If you are placing structure based targets, they happen to line up with the 382 and 618 retracements.
Waiting for a DT but BE CAREFUL OF NON FARMS!
Waiting For A Breakout Of EURJPYEURJPY is getting ready to break one way or the other, although the long-term trend is to the downside we can't rule out a move higher. Our algorithm will be watching this pair and giving us an update on a daily basis. We will be waiting for a close above the green downtrend line or a close below the red uptrend line. Ideally we would like to get a reading from our algorithm of 85% or higher probability confirming the move higher or lower.
Targets higher will be 129.500, 131.000 and 132.000 Targets lower will be 124.500, 123.500 and 122.000 The closer this pair gets to the apex before breaking out the stronger the move will most likely be when it occurs. Below is a chart of our algorithm:
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