EURJPY trade ideas
EURJPY SHORT 200PIPSKey Levels:
Resistance Zone: Identify a strong resistance level where price shows repeated rejection (e.g., Fibonacci retracement level, previous swing high).
Support Zone: Ensure the 200-pip target aligns with a significant support zone or pivot area.
Indicators:
RSI/Overbought: Look for RSI divergence near overbought levels (>70).
Trend Indicators: Check moving averages (e.g., 50 EMA and 200 EMA crossover) to confirm a bearish bias.
Chart Patterns: Patterns like double tops, head & shoulders, or a trendline break may provide confirmation.
Example Setup:
Entry: Near a resistance zone at 158.50 (example level).
Stop Loss: 50 pips above at 159.00.
Take Profit: Near 156.50 (200-pip range).
2. Fundamental Factors
Monitor:
JPY Fundamentals: Look at Japanese monetary policy or interventions from the Bank of Japan, as they often impact JPY pairs.
EUR Sentiment: Analyze ECB statements, European economic data, or geopolitical news that could weaken the euro.
Risk Management
With a 1:4 risk/reward ratio, this setup is attractive if it aligns with broader trends.
Use position sizing to limit exposure to 1-2% of your trading capital per trade.
EURJPY LONGI look to go long on this pair as higher TF are still very much active on the buy side. Good entry from anywhere around the current price will do with sl below the H1 formation. Fingers crossed
EURJPY bottomed on the 1D MA50. +5.40% upside potential.The EURJPY pair has been trading within a Channel Up pattern since the September 16 Low. Yesterday it made a Higher Low on the 1D MA50 (blue trend-line) and rebounded. This is identical to the post December 07 2023 Channel Up, which was also supported by its 1D MA50 until its very top (July 11 2024).
The 1D RSI sequences between the two fractals are also similar and even more importantly the Channel Up patterns appear to have a high degree of symmetry. So far the two Bullish Legs have risen by +5.40%.
As a result, we are expecting another +5.40% from yesterday's bottom, so our Target is just below it at 170.000.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
EurJpy Trade IdeaEJ seems to be ranging between the daily high and new low. We had price respect the daily low and flip with bearish structures being over at support. I personally decided to take some longs with price breaking and retesting back above the daily resistance. If all goes well we could expect price to tap back into the previous high around 165. Looking for a 1:3rr on this set up. We'll see what happens.
EurJpy Trade Idea I personally just took some shorts on EJ to get the week started ! EJ was in a small range before retesting a level at 165 while still being bearish on the higher time frame. Price not only flipped bearish on the higher time frame but also crashed back below a daily level of resistance. Smaller time frames gave a clean flip at the daily level of resistance with the bullish run after the pullback being over. I'm looking for a 1:3rr on this set up. If all goes well price could tap back into the low at 162.300. We'll see what happens.
EUR/JPY BearishAs you can see, price had tested on level $155.55 twice. it seems going to form double bottom and it did break the neck zone and retest on $163.8 price. It seems perfect trade for LONG entry.
However, the market is losing its steam and bear step in. It gives us 2 strong bear candles closes.
SL @ 165.35
Entry SHORT @ 163.15
TP1 @ 158.70
TP2 @ 155.55
Eurjpy possible sells going to take place right now Follow for more , eurjpy have much potential towards the downside, but as we know our analysis is just their to guide
EURJPY - 4hrs ( Sell Trade Target rage 400 PIP ) 🟢 Pair Name :EUR/JPY
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
------
🟢 Key Technical / Direction ( Short )
———————————
Bearish Break
162.500 Area
Reasons
- Major Turn level
- Visible Range Poc
- Pattern Break
- Strong Low Break
- Day / week low Break
- Choch Area
Bullish Reversal
158.000 Area
Reasons
- Major turn level
- Visible Range Hvn
- Pattern Target
- Fibo Golden
- Major Choch
EURJPY: Long Trading Opportunity
EURJPY
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy EURJPY
Entry Level - 162.69
Sl - 162.07
Tp - 164.05
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
EurJpy Trade IdeaI sent out EJ shorts last night and stated how price had flipped bearish on higher time frames before crashing back below the daily resistance. I spoke about price potentially tapping back into the daily low at 162.3. Price ended up playing out beautifully with targets hitting for a 1:3rr. I'm still overall bearish on this pair. Looking to see what happens when price reacts to 163. We can either respect the pullback and go short or range between 162.3 and the daily resistance.
EURJPY Safe Haven Asset TradingEURJPY has suffered into London today as safe haven inflows become apparent.
New zones can be labelled and assets like this can be used to diversify risk in your portfolio.
Get on board before the rocket take offDouble bottom and retest on the neck zone.
Low risk and high return on this.
DON'T MISSOUT
IDEA EURJPY SHORT POSITION HI TRADERS
Pair : EURJPY
Position : SHORT( SELL )
Entry Price : 163.300
STOP LOSS @ 163.700
TP 1 @162.900
TP 2 @162.500
TP 3 @162.100 ( Trailing SL )
EURJPYHello Traders,
Here is my analysis for this pair. Please feel free to leave any questions or comments below. I'm happy to engage with you!
The entry will only be considered once all your trading rules are satisfied. I recommend adding this pair to your watchlist and monitoring it closely. If the conditions of your strategy align, then it could present a potential opportunity.
Pro Tip:
One of the best ways to improve your trading is by learning from others. Whether it's predictions, market analysis, or trade set-ups based on clear market conditions, studying ideas will help enhance your skills and refine your strategies.
Good luck and happy trading!
eur/jpy HI Trader's The market situation is very beautiful and attractive. I expect the market to continue to go up, which is in a very strong bullish trend. If the H4 candle closes in the bullish zone, we will have confirmation to enter the trade. If it closes in a sell position, we can look at the sell position.
EURJPY Massive Long! BUY!
My dear followers,
This is my opinion on the EURJPY next move:
The asset is approaching an important pivot point 163.42
Bias - Bullish
Safe Stop Loss - 162.82
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 164.43
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
EUR/JPY Bearish Setup: Supply Zone Rejects, New Lows in Sight!After a significant bearish move, price is consolidating and appears to be respecting the supply zone, suggesting a continuation of the downtrend.
Support Levels:
Immediate target support at 162.263.
Extended target at 160.207.
A potential bearish scenario with price rejecting the supply zone, targeting the mentioned support levels.
Take Profit (TP):
TP1: 162.263 (first support level).
TP2: 160.207 (extended support level).
EURJPY: Important BreakoutWe spotted a clear bearish breakout on EURJPY.
The price has dropped below a significant daily support cluster after breaking out of a bearish wedge pattern.
Upon retesting the broken structure, there has been a strong bearish response.
I anticipate that the downward trend will persist. The next support level to watch for is at 162.19.
EUR / JPY DAILY LONG OPPORTUNITY.
DESCRIPTION
EUR JPY has rejected from a strong demand zone to the left and formed a text book formation of a head and shoulder pattern .
price ATM has the potential of retesting the neckline of the H&S pattern , and if so probability is there for a potential long with different entry methods.
Will personally look to enter if the price comes down to 163.500 level in either of London / New York session.
If price does go long after retest and opportunity is missed there will be other opportunity to buy using different entry methods , which will be updated as we go along and how the markets behave.
EURJPY💡The analysis shown in the chart displays a technical analysis of the EUR/JPY currency pair on the 4-hour time frame, with a descending price channel and defined support and resistance lines.
Possible scenarios: Downward breakout of the channel: If the price breaks the S.1 level and heads towards S.2, the downtrend will continue. Bullish Bounce: If the price maintains support at S.1 or rises above P.P, there may be a correction towards R.1. MACD indicates weak selling momentum currently, which may support the possibility of a price rebound.
⛔️It is not investment advice for educational purposes only.
EURJPYthe 4H seems like a pull back to the demand zone. I am entering exactly at this price for a TP 2
EURJPYWe looking for buying opportunities as the market is respecting the support zone resulting into buys to the upside|1H TIMEFRAME
