EURJPY - In bullish trendEURJPY is in bullish trend following simple Dow theory. Placed a pending order of Buy Stop.
EUXJPY trade ideas
EURJPY Expected Growth! BUY!
My dear friends,
EURJPY looks like it will make a good move, and here are the details:
The market is trading on 156.39 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 158.45
Recommended Stop Loss - 155.23
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
IDEA EURJPY LONG POSITION HI TRADERS
Pair : EURJPY
Position : LONG( BUY )
Entry Price : 159.280
STOP LOSS @ 158.880
TP 1 @ 159.680
TP 2 @ 160.080
TP 3 @ 161.500 ( Trailing SL )
EJ Short (9-29-24)Test out theory. 4hr - 15m entry off fvg in reference to 4hr poi and market structure shift. Liquidity points at fvg, still in alignment with htf structure.
Buy AnalysisEUR/JPY Buy Analysis
Trade Idea: Buy EUR/JPY
Entry: 159.553
Take Profit: Up to 164.850
Stoploss : 157.950
Rationale:
Bullish Momentum: Recent price action indicates a decline from recent low, indicating possible Upside continuation.
Long-Term Perspective: This trade aligns with a broader Bullish outlook on EUR/JPY, considering fundamental and technical factors.
Risk Management: Implement a suitable stop-loss strategy to manage potential losses effectively, considering market volatility and your risk tolerance.
Disclaimer: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The analysis provided is for informational purposes only and should not be considered as investment advice.
EURJPY - Long TradeOn Monday (manipulation day) price swept previous week low (PWL) with a great sign of strength - market structure break (MSB).
As a target, I prefer the opposite liquidity pool (equal highs) to the previous week high (PWH).
Excited to see your opinion in the comments, and I'd like if you boost this idea if it was helpful for you!
EURJPY’s Next Move Depends on BOJ Interest Rate DecisionEURJPY’s Next Move Depends on BOJ Interest Rate Decision
From a technical perspective, EURJPY has completed a bullish harmonic pattern.
However, this time, both technical and fundamental perspectives need to align.
This week, on Friday, September 20, EURJPY’s movement will largely depend on the Bank of Japan’s (BOJ) interest rate decision.
The market is anticipating a rate hike following recent BOJ comments.
If the BOJ increases rates this week, EURJPY may continue its downtrend.
If the BOJ does not increase rates, we may see the harmonic pattern push the price aggressively from its current position.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Elliott Wave View on EURJPY Expects Rally to FailShort term Elliott Wave view on EURJPY suggests cycle from 8.16.2024 high ended at 155.14 as wave A. Internal subdivision of wave A unfolded as 5 waves impulse. Down from 8.16.2024 high, wave ((i)) ended at 160 and wave ((ii)) rally ended at 162.89. Wave ((iii)) lower ended at 155.446 and rally in wave ((iv)) ended at 157.51. The pair then extended lower in wave ((v)) towards 155.14 which completed wave A.
Wave B rally is currently in progress to correct cycle from 8.15.2024 high. Internal subdivision of wave B is unfolding as a double three Elliott Wave structure. Up from wave A, wave (a) ended at 157.1 and pullback in wave (b) ended at 156.04. The pair then rallied higher in wave (c) towards 158.33 which completed wave ((w)). Pullback in wave ((x)) ended at 157.03 and it has since turned higher again in wave ((y)). Up from wave ((x)), wave (a) ended at 158.03 and pullback in wave (b) ended at 157.10. Wave (c) higher is now in progress towards 160.25 – 162.24 and this should also complete wave ((y)) of B in higher degree. Near term, as far as pivot at 162.91 high stays intact, expect rally to fail in 3, 7, 11 swing for further downside.
Could price reverse from here?EUR/JPY is rising towards the resistance level which is a pullback resistance that is slightly below the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 159.52
Why we like it:
There is a pullback resistance level that is slightly below the 61.8% Fibonacci retracement.
Stop loss: 161.22
Why we like it:
There is a pullback resistance level that lines up with the 78.6% Fibonacci retracement.
Take profit: 157.48
Why we like it:
There is an overlap support level.
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EURJPY TRADE UPDATE AND ANALYSISIn this video i share a quick recap on the trade i took from the previous analysis (link in description), after seeing the daily candle close bullish above the high if the last bearish day which confirmed a break of structure on the 4hr timeframe and i went long at the pullback to 157.500 and 38.2 fib area (confluence)
EURJPY updated EVERYTHING ON CHART
please check my pre idea so you can understand better
signals and analsys are free... and always will be
EURJPY - 4hrs ( Buy Trade Target Range 280 PIP ) Pair Name : EUR/JPY
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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Key Technical / Direction ( Buy Opportunity ) Reversal
Type : Mid Term Swing
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💠Bullish Reversal 156.500
💠Chance of Successful break out of this level 70 %
This level have 3 Reversal on mid term in history
💠mention key level with numbers / and why
Our Key level of Reversal is so strong 156.500
Price already retested it many time's and this level have no fake outs
💠mention is there a crosses ( trend or Channel ) with level and why ?
yes - our break out level have cross with Channel Break Out in same area of reversal
and this channel have best shape 3 bounce From The upper ban
and 3 Bounce From the lower band
💠mention is there a volume in this level
yes we have a very good Low volume in this area that's make the price move Steady and
No Volatility
💠mention is there a sociological numbers with number and why
yes our break out area is a sociological Daily Major Area
💠mention the back ground is bullish or bearish and why
yes our back Ground is bullish Cuz we have a very healthy Retest candle
also we have Fib Golden zone 1.26 %
EURJPYEURJPY Trading Plan
Descending pattern forming.
Looking for price to go up to the trendline before looking for bears
EurJpy Trade UpdateAnother pair I posted yesterday was EJ longs. I stated going long on EJ if the dailt time frame could retest an area of resistance with a flip for a structure break to continue to the upside. The 15m time frame ended up giving me the flip I wanted to see but I missed the original entry after falling asleep lol My other entry was a break and retest entry with stops just below. Looking to get into a 1:3rr.
EUR/JPY BUY!EUR/JPY is at a major support level, where a bullish divergence has formed. The last lower low has been broken, indicating a possible trend reversal from this area.
EURJPY is BullishPrice was in a strong downtrend, however the bullish divergence on the four hourly time frame hinted the control of bulls, which is further validated by the break of previous lower high and printing of a higher high. If the momentum sustains then we can expect a bullish rally. Targets are mentioned on the chart.
EURJPY ANALYSISAfter seeing EURJPY close above 157.500 and breaking the 4hr area of structure, we could expect this pair to continue higher into 160.000 seeing that the momentum on the daily is bullish.
EUR-JPY Bullish Breakout! Buy!
Hello,Traders!
EUR-JPY has established a
Double bottom and then
Made a bullish breakout
So we are locally bullish
Biased and and we will
Be expecting a further
Bullish move up
Buy!
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Check out other forecasts below too!
EurJpy Trade Update/Future set upI sent out EJ longs yesterday and stated the reason as to why I was going long. EJ nearly ticked me out by 1 pip but ended up playing out to the T where targets were then smacked. I did say we could expect EJ to continue bullish and possibly break above the resistance range being 157.423. Before continuing bullish we may also expect price to pullback to 156.800 before heading above 157.423 since 156.200 is considered to be the last higher low and the area price is currently at is the new higher high. But we'll see what happens and where price ends up during London. Price has the possibility of taking off from where it's at.
EurJpy Trade IdeaPersonally just went long on EJ for a 1:3rr. Price gave a solid flip on the 1hr. EJ is still in an overall range so I'll be targeting just below a resistance level. With price respecting a daily support level we may even expect price to eventually break back above 157.423.
EURJPY | 16.09.2024SEEL 156.500 | STOP 157.300 | TAKE 155.500 | The instrument continues to move down. It is recommended to open short positions at the current price of 156.500 with a target at the level of previous lows of 155.500-190.
