EURJPY trade ideas
EURJPY SELL Signal. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURJPYEurjpy, a good pair to swing, looking forward to go bullish once price hits the 162.000 mark, Currently it is 12:10 pm Monday into to the New York Session, anticipating a minor liquidity sweep on either New York Killzone or the Asian open ..Let's wait and see how the market unfolds ...Adios!...
EurJpy Trade IdeaYesterday I published a long set up on EJ and stated why I was going long on the pair. After markets opened back up I had the retest and candle closure I wanted to see. Price ended up playing out as expected where 1:3rr targets were then smacked! I'll personally be looking to get into some more longs on the pair once price can give a pullback and show some type of bullish candle closure. We'll see what happens with EUR having a bank holiday today.
EURJPY: This week and next month analysis.Jen has Strengthen itself, may be under pressure of Trump administration, this may have ended or not. but technically we are ready see more bearish days for pairs against JPY:
The indicated levels are determined based on the most reaction points and the assumption of approximately equal distance between the zones.
Some of these points can also be confirmed by the mathematical intervals of Murray.
You can enter with/without confirmation. IF you want to take confirmation you can use LTF analysis, Spike move confirmation, Trend Strength confirmation and ETC.
SL could be placed below the zone or regarding the LTF swings.
TP is the next zone or the nearest moving S&R, which are median and borders of the drawn channels.
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Role of different zones:
GREEN: Just long trades allowed on them.
RED: Just Short trades allowed on them.
BLUE: both long and short trades allowed on them.
WHITE: No trades allowed on them! just use them as TP points
EurJpy Trade IdeaWith EJ ranging between two major levels and respecting the support level below once again, I'll personally be looking to get into some longs on the pair for this week. We had a clean flip ofs structure once price tapped into the support below. Price did break below the support level but failed to continue heading bearish. Once price can break and retest from the smaller time frame range I'll execute longs with a 1:3rr target. We'll see what happens.
EURJPY: Bearish Continuation
Balance of buyers and sellers on the EURJPY pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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EURJPY could be about to soarThe price is stuck in a large ascending triangle pattern. But with stocks moving higher, cryptocurrencies gaining momentum, and the trade war easing, could this pattern finally break? Watch the video to see which levels matter.
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EURJPY still to expect bearish for new week
OANDA:EURJPY strong bearish bounce from top line of price action, currently price in rectangle and on bottom line of price action.
EUR with all showing self the weakest in last periods and expectations are still to see weaknes, here expecting break of rectangle and trend line of PA and higher bearish continuation till res zone.
SUP zone: 163.300
RES zone: 160.600