EJ H1 Mappingtrend continue for the bullish, we are looking for BUY setup in the nearest SnD zone.
scalping also valid if you want to find SELL zone in the nearest resistance / snd area.
EUXJPY trade ideas
EURJPY BULLISH IN SMALL TIMEFRAMEFalling wedge in M5
Descending channelin the M15 timeframe
3rd touch of trendline in the h1 timeframe
EUR/JPY STRONG SELLWhat I am watching in general is a bullish continuation to the upside to the fibonacci extension point and starting to watch a lot of higher highs and higher lows on many time frames starting in 5 minutes to 30 minutes timeframes. The bat pattern its making more confirmation of the main trend.
EURJPY SHORT IDEA From the previous day we saw eurjpy still making lower highs on the 4hr timeframe following the bearish close from last week.
EURJPY 1H*). After the choch: Monitor the market closely following the Change of Character (choch) event, which indicates a potential reversal or significant shift in market sentiment.
*). Expect a pullback to 168.490: Anticipate a price retracement to the level of 168.490. This pullback could present a buying opportunity or signal a temporary consolidation before the next move.
*). Look out for 170.000 as take profit: Set a take profit target at 170.000. This level serves as a strategic exit point to secure gains from the anticipated upward movement post-pullback.
Ensure to adjust these levels and strategies based on real-time market conditions and further analysis.
DeGRAM | EURJPY decline in the channelEURJPY is moving in an ascending channel near the trend line.
The chart has already touched the upper boundary of the channel and is now moving towards the lower boundary.
The price is trying to break the trend line.
We expect a decline to the lower boundary of the channel.
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EURJPY - Buy Stop- Bullish divergence in the current bearish trend
- Expected to complete reversal AB-CD pattern
- Support at D
- Take entry if Trend change and C is broken
EURJPY REVERSAL SETUPIn this video we can see that last week closed as a bearish reversal pattern which caused a break of structure on the 4hr and daily timeframes .
Lazy Daily EURJPY Long Trade -- StackingAlready had one EURJPY long trade open. Stacking another order for the same reasons--long term EUR strength v. JPY weakness. Pullback offered opportunity for another 0.5% position. 1:1 R:R
EURJPY - Look for Continuation Long (SWING) 1:2!EURJPY is somewhat correlated with GBPJPY, which currently shows no signs of going bearish.
After solidly breaking the monthly support and executing a nice pullback, EURJPY reacted firmly on the support with a few strong hourly candlesticks.
Like GBPJPY, we need to wait for it to break the current resistance before going long. Look for a strong bullish candlestick and a firm correction before entering.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Why I'm Buying EURJPY W7A skewed inverse head and shoulder pattern on a pre existing uptrend. This setup is primarily based on the inverse head and shoulders but there are other technical aspects to it. If we break out of the small range at 169.955 it might be an indication that the buyers are in control.
EURJPY IDEA AND RECAP FOR THE THE WEEKThis video show a hoe the eurjpy traded for last week and how we reacted to the change in market direction.
#EURJPY:1000+ Pips Swing Selling Chance! Comment down your viewsDear Traders,
JPY has been bullish since this week, and will likely to remain bullish as we approach NFP. If DXY turns out to be bearish it will likely boost JPY to continue the bullish momentum. In short time, we expect price to drop further and make smaller correction towards our entry zone. Once it does that, we can then enter with accurate risk management.
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EURJPY ANALYSIS (RECENT WEEKS + FUTURE)A lot of the JPY pairs have been recently moving similarly (not surprising due to their obvious relationship). I’ve been keeping an eye on UJ, GJ and my personal favourite EJ - for me to notice their recent similarities.
Anyway, price successfully reached the supply zone and instantly began to dump, successfully shown by the initial displacement. This signalled weakening in the price and that price was ready to go to demand. This idea was further strengthened by the initial sweep and immediate BOS on the 4H chart to the downside giving me a potential entry point (on the 4H which I’m not a big fan of) and a new POI to work from.
POI formed - and another nice BOS- with an order block. However this wasn’t clear enough for me to confidently trade from.
Price broke ONCE more - fully confirming the bearish bias and it gave me two points to decide to work from either off of the 15min or the 1h OB’s created.
I’ll be seeking to TP at 168.485 and then 167.665.
EURJPY Long (Buy Limit)Entry : 167.443
TP : 170.786 (2153 pts)
SL : 166.328 (718 pts)
RR : 1 : 3
Expire : June 21st, 2024 04:00 (UTC +7)
Warning : This analysis is not trading advice. Always do your own research and manage your financial risk.
EUR/JPY Achieves 170 Target, Eyes Steady Position Above 1W PivotHello Everyone,
We have achieved our previous target at 170 for EUR/JPY. Additionally, there has been a test of the 1M Pivot Point (PP), and the price has found support at this level. Now, we are looking for a continuation and a steady position above the 1W Pivot Point (PP) to further confirm this scenario.
TradeWithTheTrend3344
EUR/JPY bearishsentiment market
The sentiment market is mostly short with 82% being short and only 18% being long.
Technical analysis
The market is starting to form a downtrend. We also have a double top forming so it it brakes that resistance level i will put in a short.
News
Nothing today should effect the market for EUR/JPY.
Conclusion
I believe this pair will go short. If i enter this trade, my tp will be around 168 for about 130 pips.
EURJPY Continuation PatternEURJPY show a continuation pattern and take a trade on current price and set TP and SL with 1:1 Ratio
EURJPY SELLThe market is currently testing the current structure which is forming a divergence on the daily TF. Based on price action , the market is forming a reversal chart pattern on the 4HR TF.
We could see sellers coming in strong should the current level hold at the 0.7 FIB Level
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.
EURJPY: Inside day, first green day, three days cycleHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2 ✅ day 3 cycle
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day
First Green Day ✅
3 Days Long Breakout
3 Days Short Breakout
Inside Day ✅
3. WEEKLY TEMPLATE
Pump&Dump
Dump&Pump ✅
Frontside
Backside ✅
4. THESIS:
Long: primary, potentially weekly dump and pump scenario back to the HOW. Market came back into the opening range, currently consolidating inside the range.
Short: secondary, yesterday the market performed a pump phase, closing as in inside day, which it can typically give two type of trade, reversal for this specific scenario. Second hour NY will give more clue regarding the further movement.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
BUY EURJPYSpotting support and resistance levels on the hourly timeframe, looking to my to that set TP.
