EURJPY SELLSell EURJPY After Breakout. You can set SL at 162.500
Tp1: 158.734
Tp2: 157.334
Note: Wait for breakout confirmation before selling, Goodluck Traders
EURJPY trade ideas
Potential short position EURJPYBias
On the H4 chart, we have potential bullish signal.
Entry
Entry is on the 15M chart, where we will use the 61.8% and 78.6% retracement level.
Stop Loss
For the 61.8% entry, the stop loss is at 78.6% while for the 78.6%, the stop loss is at the 100% level
Risk
Risk is at 0.1% of the account
Comments
This strategy tends to have a low win rate but a relatively high risk reward ratio. We therefore have to proceed with caution.
EURJPY (Short)Turtle soup Trading Strategy
The Turtle Soup strategy, however, flips the script, aiming to profit when those anticipated trend.Linda Raschke’s Turtle Soup strategy is a counter-trend trading approach that capitalizes on failed breakouts.
It takes inspiration from the famous Turtles trading experiment, where novices were trained on a trend-following system.
EUR/JPY Gave Yesterday +60 Pips , New Entry Valid To Who Missed This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURJPY Long Hi Traders,
We have another Week of opportunities.
Just a quick technical analysis on the 15m. A previous Demand Zone is Tapped in after drawing out sell side liquidity.
We have another liquidity taken with a multi FVG. Executing a Limit Buy Order at $161.222, SL - $161.032, TP $162.645. Trade Responsibly
EUR/JPY Signs of WeakeningWe can see that bullish pressure slowed down and price started to consolidate. It failed to break our resistance zone and I spotted lower high and lower low formation. These are the signs of a weakening and stoch. RSI is giving us "sell" signal.
EURJPY LONG The first thing a trader should focus on, is higher time frames in order to mark out his “bias” or zone of interest.
I’m currently long on EURJPY after satisfaction all the conditions. Liquidity sweep in lower time are just to get a suitable entry.
1:3 Day TradeSimple trend following day trade. RSI shows a divergence. SL below the previous low, targeting the near term high.
EURJPY What Next? BUY!
My dear friends,
Please, find my technical outlook for EURJPY below:
The instrument tests an important psychological level 161.37
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 162.15
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
Bullish Butterfly Pattern Checkback on EURJPYHere’s an interesting setup for all you counter-trend traders out there. A Bullish Butterfly Pattern checkback could provide a solid buying opportunity. Let’s break it down.
Current Overview:
- Bullish Butterfly Pattern: This pattern is setting up a potential buying opportunity for those looking to trade against the trend.
Strategy:
Entry: Look to enter a long position as the market completes the Bullish Butterfly Pattern.
First Resistance Level:
Trendline Break: The first level of resistance will be at the Red Trendline on the chart.
Partial Profit: When the market touches this trendline, consider taking partial profits.
Stop-Loss Adjustment: Shift your existing stop-loss to the entry price at this point, creating a risk-free trade.
Final Thoughts:
This setup offers a clear strategy for managing risk while capitalizing on a potential counter-trend move. Remember, trading is all about planning and managing your risk effectively.
Are you considering this trade? What’s your approach to counter-trend trading? Share your thoughts and strategies below!
Happy trading, everyone! 🚀
EURJPY SHORT ANALYSISAfter seeing the market closure from the previous day rejecting a key area on the 4hr timeframe, we could expect a new leg to the down side.
4HR Inverse H&S Weekly - 3 weeks ago made a very large liquidity wick followed by a bullish
Bullish Engulfing candle. This is a good indication that price is changing
direction and will push to the upside.
Daily - Bullish M on the daily Price came back to my daily zone correctly which is a sign that
Bearish momentum is slowing down.
4HR - Inverse Head and Shoulder on the 4HR, I have placed my limit
EURJPY POSSIBLE SWING BUYThe market is overall bullish based on Monthly and Weekly TF. Could this be the point where the uptrend wants to continue? Lets see how this will play out
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
EUR/JPY Finally Broke The Supp,Can We Sell It And Get 250 Pips ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
No Trade tomorrow on EURUSD and EURJPY with my trading system No Trade tomorrow on EURUSD and EURJPY with my trading system. This video offers a narrative analysis and market insights for EU & EJ on August 25, 2024. Discover whether the trends will persist or change!
Sell EURJPYI think JPY will be strong this week!!
We are about to witness this dip dipping more.
Price has retraced back to our fib golden zone and even peaked up the 0,618 fib level
The possibility of going up is there but I think we are more likely to go down
bearish idea?eurjpy is in bearish trend, price right now at resistance level so possible price will revers to bearish.
EURJPYCurrently on EURJPY on the daily timeframe price has recently taken out the previous daily low and closed above it, and on the 2-hour timeframe price also took out the previous candle range low and closed above it also indicating a strong support level that will help to distribute price to the upside, to take out the PREVIOUS DAY HIGH.
EURJPY SELLEURJPY formed a symmetrical traingle pattern, a clear breakout will signal a short trade. Goodluck
EUR/JPY BEST PLACE TO BUY FROM|LONG
Hello, Friends!
EUR/JPY is making a bearish pullback on the 1H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 161.980 level.
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