IDEA EURJPY SHORT POSITION HI TRADERS
Pair : EURJPY
Position : SHORT( SELL)
Entry Price : 159.880
STOP LOSS @ 160.250
TP 1 @ 159.480
TP 2 @ 159.080
TP 3 @ 157.100 ( Trailing SL )
EURJPY trade ideas
EURJPY: Range bound, looking for a breakoutThe price for EURJPY has broken down the trendline and bounced off the support level at 155 very strongly.
Looks like it is currently consolidating in a range.
It is nice to have short term trades in between the range and wait for a breakout to indicate the direction.
Currently, my personal bias is that the price would break above the resistance and move higher!
EURJPYWe expect the euro to rise against the Japanese yen. We have set targets and are waiting for it to hit the following targets. We have been given confirmation of breaking a trend that could help in retesting the trend and could head immediately to the following targets.
EURJPYA Good retracement move is possible because
Price rejected from Fib
Upper channel is broken
Divergence
A good Rejection from support
Bullish bounce off 61.8% Fibonacci support?EUR/JPY is falling towards the pivot which has been identified as an overlap support and could bounce to the 50% Fibonacci resistance.
Pivot: 158.46
1st Support: 157.35
1st Resistance: 160.87
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textbook contracting flat #eurjpyHave you seen a better looking contracting flat?
Text book impulse, a, b, c waves and a confirming impulse in the forecasted direction with a little pause.
Watch the break and take trend continuation setups on the lower time frames to forecasted targets.
EurJpy Trade IdeaEJ has been trending to the upside within a range beautifully. I managed to catch some long set ups on the pair. Price ended last week with structures breaking to the downside after respecting the range between 162.9 and 155.5. I'll personally be looking for price to pullback and retest the level price broke structure at to confirm the move to the downside. Price could potentially give a 1:3-1:4rr.
EURJPY The Target Is UP! BUY!
My dear subscribers,
My technical analysis for EURJPY is below:
The price is coiling around a solid key level - 158.70
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 160.50
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
EURJPY HOW ACCURATE YOU CAN BEEVERYTHING ON CHART
please check my pre idea so you can understand better
signals and analsys are free... and always will be
TRADE: BUYING WAITING TO SELL
DURATION: SHORT TO MEDUAM
SCALP: NO SCALPING
MARKET CALL: EURJPY (FROM LAST, 'WHATS FLOWING' EPISODE) OANDA:EURJPY
In my approach, I prioritize probabilities informed by market flow.
Flow refers to the constant push and pull between bullish and bearish orders entering the market.
When one side begins to dominate, it offers insight into what might be unfolding. For example, observing whether the market is moving higher, lower, or sideways in tandem with bullish or bearish order flow provides valuable clues—or sometimes, reveals something entirely new.
After five years of monitoring order flow, I’ve learned that having a few well-grounded ideas about what’s happening can be extremely useful.
Confluence is the practice of layering multiple insights to explore potential outcomes.
Area's of control are more important to gauging probabilities than asset value. Identifying where, and preparing for when is how I form ideas.
When control is unclear, the market becomes a playground for the uninformed. It’s best to avoid such situations to ensure more efficient trades.
EURJPY : TRADE IDEAWaiting for trendline to break.
**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal**
Thanks a lot for your support
EURJPY- Buy above 161.25 (trend line break out)The near-term resistance is around 161.20, a breach above targets 162/162.89. Major bullish continuation only above 163.87. The immediate support is at 160.50 any violation below will drag the pair to 159.85/159/158.80/158.40/157.
Indicator (1- Hour chart)
CCI (14)- Bullish
CCI (50)- Bullish
Average directional movement Index - Bullish. All indicators confirm a bullish trend.
It is good to buy above 161.25 with SL around 160.70 for TP of 163
EUR_JPY WILL GROW|LONG|
✅EUR_JPY keeps growing
And the pair broke the key
Horizontal level of 161.000
And went further up so we
Are bullish biased and we
Will be expecting a
Further move up
LONG🚀
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EURJPY NEXT MOVE (LOOKING BULLISH)(17-09-2024)(MID TERM)Go through the analysis carefully, and do trade accordingly.
Anup Bias (Mid term)
Current price- 156.400
"if Price stay above 154.400 then next target is 157.400 and 160.00
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
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short eurjpyi would say B entry since i didnt wait for the 4 hour time frame to turn bearish, high risk entry, but you could find and entry once and if the 4H time frame turn bearish for a A+ entry. Who knows XD
Long EURJPYThe market has slowly being going up.
The correlated pairs GBPJPY, AUDJPY all broke higher which suggest there is broad based weakness.
Ath the start of the hour I went long as the running candle broke previous canlde high.
I am targetting tp just under the ADR with a risk reward of 1:1.45R
EUR/JPY Falling Wedge Breakout: Potential Bullish ReversalThe EUR/JPY pair has broken out of a falling wedge pattern, signaling a potential bullish reversal. This classic technical setup often indicates a shift in momentum, with buyers gaining strength. Traders may look for upside targets as the pair continues its upward move post-breakout.
EUR/JPY BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
EUR/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 160.449 area.
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EurJpy Trade IdeaIf you noticed my last post on EJ I left comments about closing my long positions because of low volume. I basically made back what was lost in the draw down from my previous short position. Longs made sense with the overall trend being bullish but I stated in my comment once price came back down into resistance shorts could be possible. There was a 15m structure flip just right at the level. A structure flip at a level is always a clean set up for me. of course not EVERY set up plays out clean. With that being said I've decided to short the pair once price gave a bearish candle and closed right under resistance (161.100).
IDEA EURJPY LONG POSITION Hi Traders
Pair : EURJPY
Position : LONG ( BUY )
Entry Price :161.300
STOP LOSS @ 160.900
TP 1 @ 161.700
TP 2 @ 162.100
TP 3 @ 163.250 ( Trailing SL )
