EURJPY SELL SETUPeurjpy is on a monthly sell zone and we are seeing it pulling to the downside in line with both fundamental and sentimentals added.
EUXJPY trade ideas
EURJPY theres a series of higher highs and higher lows forming we can trade this using DOW theory by buying at the break of the current higher high with our stop loss placed at the previously higher low.
EUR/JPY For Bullish After Breaking Triangle Patternwait for breaking this Triangle and go long and take any target
- General Trend is Up Trend
- Price Walk inside Up Channel
- Triangle Pattern Confirmed
have fun :)
EURJPYHelloooo...
We have an order block here which is interesting. I would close trade if 1 hr Closes above that Order block.
I would do layering either way ....
EURJPY at triangle resistance Intraday Update: EURJPY has reached triangle resistance and the 88% retracement of the post BOJ move lower.
EURJPY Analysis: Bearish Reversal in SightAfter a sustained bullish trend, a compelling bearish formation has emerged on the EURJPY chart. Key technical indicators and patterns are pointing towards a potential reversal to a bearish trend. This could offer a great opportunity for traders to capitalize on the expected downward movement.
Stay tuned for more detailed analysis and insights!
EURJPY May Rise After Dovish BOJEURJPY May Rise After Dovish BOJ
As we have seen BOJ is not supporting its economy at all.
is the only Central Bank that looks like is working too much but overall is doing nothing.
These fading hopes may push EURJPY up again for another bullish wave despite the overbought conditions EJ already has.
All details in the chart!
Thank you and good luck!
EUR/JPY possible would go downThe price looks has completed the fifth wave in a long term up trend channel, and currently it is moving inside a short term down trend channel, and the current position is retracted back to the the down trend channel top line area, but it is still under the previous top (the fifth wave top).
RSI looks in a divergency in 8 hours time frame, and current under and pressure line of down trend.
Look for a 50% retraction to South.
EURJPY bullish ideaIdea based on Daily chart, W pattern forming and Bullish flag pattern. So it is quite pattern analysis.
Good luck!
ICT short setup EURJPY, session trade👋Hello Traders,
Our 🖥️ AI system detected that there is an H4 or higher timeframe ICT Short setup in EURJPY for Swing trade.
Please refer to the details Stop loss, FVG(Sell Zone),open for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
EURJPY 4Hourr TF - June 17th, 2024Monthly - Bullish
Weekly - Bullish
Daily - Bullish
4Hour - Bearish
Scenario 1: EJ has been looking bullish for a while and it has put us into an area we haven't seen since 2008. My max target on a long position would be around 171.400 due to the lack of other structure to base levels off of. It's likely we will continue bullish but nothing would be confirmed until we see a minor break of structure at 169.950.
Scenario 2: We also could see this new 4hour bearish trend take hold and push price action below our 167.500 zone. If this happens it would look like a promising short position even though it goes against the higher TF trends.
Look for convincing lower lows and lower highs below 167.500.
EURJPY IDEA EURJPY closed with bullish momentum even though the structure on the 4hr is looking bearish.
EURUSD Bearish Trend and Bearish Bat Pattern CompletionEURUSD Bearish Trend and Bearish Bat Pattern Completion
Instrument: EUR/USD
Timeframe: 1-Hourly Chart
Current Direction: Bearish
Analysis:
EUR/USD is currently exhibiting a bearish trend. While the impulse to short immediately is strong, my preferred entry level is at 169.54. This price point aligns with the completion of a bearish bat pattern on the 1-hourly chart.
Key Points:
- Bearish Trend: The overall trend for EUR/USD is downwards.
- Bearish Bat Pattern: Completion level at 169.54, which offers a high-probability short setup.
- Entry Level: 169.54
- Chart Pattern: Bearish Bat Pattern
- Timeframe: 1-Hourly Chart
Strategy:
- Wait for Price to Reach 169.54: Monitor the price action and wait for it to approach the 169.54 level.
- Confirmation: Look for bearish confirmation signals around this level to enter a short position.
Stay tuned for updates and trade wisely!
EURJPY - Follow The Bears!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURJPY has been overall bearish, trading within the falling red channel.
Currently, EURJPY is undergoing a correction phase and it is currently approaching the upper bound of the channel.
Moreover, it is retesting strong supply zone marked in blue.
🏹 Thus, the highlighted red circle is a strong area to look for trend-following sell setups as it is the intersection of the blue supply zone and upper red trendline acting as a non-horizontal resistance.
📚 As per my trading style:
As #EURJPY approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURJPY: Long From Support 🇪🇺🇯🇵
EURJPY looks strongly bullish after a test
of a key daily structure support.
I see a strong intraday bullish confirmation and a clear sign of strength of the buyers.
The pair may reach 169.55 level soon.
❤️Please, support my work with like, thank you!❤️
EUR/JPY BUYThe EUR/JPY chart we see a trend moving in a band. The yen will go up to the next support level and then back further in the direction of the band.
EURJPY POSSIBLE BUY OPPORTUNITY Price may trend bullish as price currently trade at 168.182 area. A buy opportunity is envisaged from the current market price.
Trade safe
EURJPY Possible Short PositionUsing the BBMA Strategy by OA, a Re-Entry Short in 4H time frame appeared and using a multi- time frame analysis , I'm now waiting for a confirmation in TF 2 and TF 3 ( 15m Entry ).
4H - Re-Entry
1H- 50 EMA Rejection + Extreme Sell
15m- wait for CSAK + Retest in MAHILO min 15m
Note:
* Cancel trade or cut-loss when candle close Above MAHI (2 Green Color Lines) in 4H
* 1:3 RRR
* TAYOR
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis.
EUR/JPY shortEUR/JPY Trading Analysis and Strategy
Entry Price (EP): 169.40
Reason: Through the latest market trend analysis of EUR/JPY, we can see the overall market trend from the 1day, 4hour, and 1hour charts. The 1day chart shows the market's overall trend, and the 4hour chart confirms the trading trend. The 1hour chart presents a short term short entry, stop loss, and take profit signals. We will wait for the reversal signal on the 1hour chart. Based on RSI Divergence data, the entry price is determined to be 169.40.
Stop Loss (SL): 170.45
Reason: Stop losses are calculated using ATR data,providing a margin of safety to limit potential losses if the market moves against the position.
Target Price (TP): 167.78
Reason: The take profit target is set based on ATR data analysis and market trend prediction, aiming to obtain potential profits from expected price changes.
Profit Potential in: 162 pips (approximately 1,620 USD/lot)
Please note that Forex trading involves risks and the analysis provided is based on the information available. Market conditions can change rapidly, so it is important to stay current and consider implementing risk management strategies. It is crucial to monitor the market closely and adjust your trading strategy accordingly
EURJPY IDEA With the current momentum on EJ pushing to the downside even though the weekly is pushing to the upside we could see a simple push down for a sell early in the week
BECOMING A C0NSISTENTLY WINNING TRADERIn this videos you'll see what it takes to be a consistently winning trader, though these points may vary for different traders and for different level in their journey
EUR JPY- Long Set UpLooks like a short term reversal on 1H TF. Will market buy at current price 168.525
Entry - 168.525
Stoploss - 167.647
TP-1 - 169.400
TP-2 - 170.268
#Trading #Technical #Crypto #Stocks #commodities
EURJPY - Correction over, Back to highs?OANDA:EURJPY Looks to have completed the correction and if we break above 170.00 again then upside targets are around 172.00. Looking for PBs to get long.
Ideal scenario is if we get a move back to 169.00 but watching for a top in this run.
Enjoy the day.
