A short sell on EURJPYOn the monthly timeframe, EUR JPY is bullish as the previous low at 154.414 did not break the last low. Therefore we expect a bullish continuation to the previous high indicated around 175.348. However, this sell analysis focuses on a catching a short sell setup within this bullish monthly structure on the 1D timeframe, before prices goes back to the last high.
If this sell setup holds, areas of interest include
Entry: 165.596
Target: 156.160
Stop Loss: 167.664
JPYEUR trade ideas
EURJPY Massive Short! SELL!
My dear subscribers,
My technical analysis for EURJPY is below:
The price is coiling around a solid key level - 163.75
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 162.82
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
EUR/JPY 4H: Key Fibonacci and Volume Profile LevelsOANDA:EURJPY EUR/JPY 4H: Key Fibonacci and Volume Profile Levels
Analysis:
Description:
The chart displays the EUR/JPY currency pair on a 4-hour timeframe. It includes several key indicators and annotations such as Break of Structure (BOS), Change of Character (ChoCH), Fibonacci retracement levels, and volume profile. The RSI indicator is also shown at the bottom of the chart.
Analysis:
Price Action and SMC Analysis:
Break of Structure (BOS): Multiple BOS points are marked, indicating significant shifts in market structure.
Change of Character (ChoCH): These points suggest potential reversals or shifts in market sentiment.
Fibonacci Retracement Levels: Key levels at 0.382 (163.34288), 0.5 (162.977), 0.618 (162.59712), 0.705 (162.3222), and 0.786 (162.06624) are plotted, indicating potential support and resistance zones.
Volume Profile: High volume nodes at 163.612, 163.208, and 160.897 suggest strong interest and potential areas of price reaction.
RSI Analysis:
The RSI is currently around 46.42, indicating a neutral to slightly bearish momentum. The RSI has previously shown oversold conditions, suggesting potential buying opportunities.
Buy Strategy
Entry: Consider entering a long position at the 0.618 Fibonacci level (162.59712) as it aligns with a high volume node and potential support.
Take Profit 1 (TP1): 163.208 (61 pips)
Take Profit 2 (TP2):: 163.612 (101 pips)
Stop Loss (SL): 162.06624 (53 pips)
Sell Strategy
Entry: Consider entering a short position if the price breaks below the 0.786 Fibonacci level (162.06624) with confirmation.
Take Profit 1 (TP1): 161.500 (56 pips)
Take Profit 2 (TP2):: 160.897 (117 pips)
Stop Loss (SL): 162.59712 (53 pips)
VIP Signal
Buy Signal: Entry: 162.59712 TP1: 163.208 (61 pips) TP2: 163.612 (101 pips) SL: 162.06624 (53 pips)
Sell Signal: Entry: 162.06624 TP1: 161.500 (56 pips) TP2: 160.897 (117 pips) SL: 162.59712 (53 pips)
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This comprehensive analysis leverages Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave strategies to provide detailed buy and sell strategies. The Fibonacci retracement levels, volume profile, and RSI indicators highlight key areas of interest for optimal trading decisions.
eurjpy buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURJPY Sell ForecastEURJPY New forecast👨💻👨💻
Note:
Follow proper risk management rules. Never risk more then 2% of your total capital. Money management is the key of success in this business...... Set your own SL & TP.
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Thanks for your continued support!! lemme know your thoughts in the comment sec...
eurjpy on ob way to havenFrom the image, here’s a breakdown of EUR/JPY based on the visible **Order Blocks (OB)** and the ICT framework:
1. **Bullish Market Structure**:
- The chart indicates a **bullish bias**, as price has been reacting to daily order blocks (d OB) and respecting them as demand zones. The structure is stepping higher, with price reaching for liquidity above.
2. **Key Order Blocks**:
- **Daily OBs** (d OB) are clearly marked and have acted as support during retracements.
- The **weekly OB** (w OB) at the lower levels is a significant demand area, but price is far from it, indicating a focus on higher targets.
3. **SMT Divergence**:
- A divergence (SMT) is plotted on the chart, potentially signaling a reversal from the lows in line with the bullish order flow.
4. **Target Zones ("Haven")**:
- The **Buy Side Liquidity (BSL)** is marked near **166.694**. Price is likely aiming for this level, which aligns with a higher timeframe objective.
5. **Expectations**:
- Price could react to the nearest d OB, consolidate or pull back, and then continue its bullish trajectory toward the liquidity resting above.
- A break below the most recent d OB would shift the focus to deeper retracements, potentially targeting another d OB or the w OB below.
EUR/JPY "The Yuppy" Forex Market Heist Plan on Bullish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the EUR/JPY "The Yuppy" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 Be wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at any point,
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 30min period, the recent / nearest low or high level.
Goal 🎯: 165.000
Scalpers, take note : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
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Fundamental Outlook 📰🗞️
Based on the fundamental analysis, I would conclude that the EUR/JPY (Euro/Japanese Yen) pair is: Bullish
Reasons:
Interest rate differential: The European Central Bank's (ECB) interest rate (2.50%) is higher than the Bank of Japan's (BoJ) interest rate (0.10%), making the EUR more attractive to investors.
Economic growth: The Eurozone's economy is expected to grow at a faster pace than Japan's, driven by the strong labor market and increasing business investment.
Monetary policy: The ECB's hawkish stance and potential interest rate hikes are expected to support the EUR, while the BoJ's dovish stance and potential monetary policy easing could weaken the JPY.
Trade balance: The Eurozone's trade balance is expected to remain in surplus, driven by the strong demand for European exports, which could support the EUR.
Japanese economic slowdown: Japan's economy is expected to slow down, driven by the aging population and decreasing labor force, which could lead to a decline in the JPY.
However, it's essential to consider the following risks:
Global economic slowdown: A slowdown in global economic growth could reduce demand for the EUR and drive down prices.
Eurozone debt crisis: The Eurozone's debt crisis could resurface, potentially weakening the EUR and driving down prices.
Trade tensions: Escalating trade tensions between the Eurozone and other countries could negatively impact the EUR and drive down prices.
Bullish Scenario:
Interest rate differential, economic growth, and monetary policy support the EUR
Japanese economic slowdown and trade balance support the bullish case
Key Fundamental Indicators:
Eurozone GDP growth: 1.5% (2023 estimate)
Japan GDP growth: 0.5% (2023 estimate)
ECB interest rate: 2.50%
BoJ interest rate: 0.10%
Eurozone trade balance: €20 billion (2023 estimate)
Japan trade balance: ¥500 billion (2023 estimate)
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
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EurJpy Trade IdeaJust a few hours ago I published a set up on EJ. I spoke about EJ flipping bearish at a major level of support with smaller time frames supporting the higher time frame trend. Once ej had a solid push into my direction I decided to close profits just a few pips short from my original target. Bears are still in play.
EurJpy Trade IdeaEJ at the moment is respecting a major resistance level with smaller time frames flipping bearish. For that reason I've decided to short the pair for a 1:3rr! Entry for me was a retest after price broke smaller time frames bullish structures. All time frames but the weekly are in sync. If all goes well we may expect next week to be bearish with price potentially tapping back into 161.478. We'll see what happens.
Bearish drop?EUR/JPY is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 163.78
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 164.76
Why we like it:
There is a pullback resistance level.
Take profit: 162.12
Why we like it:
There is an overlap support level.
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EUR/JPY Straight To TP After I posted the analysis signal. EUR/JPY Straightly Dropped Down to our Mentioned Level and a Heavy Profit. Whoever following us , trusting us making absolutely free money. Follow Me Here for More FOREX Trades and Follow me @wsaetos for more CRYPTO Analysis and Trades. Stay Tuned for more...
EURJPY Will Go Lower From Resistance! Sell!
Here is our detailed technical review for EURJPY.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 164.158.
Considering the today's price action, probabilities will be high to see a movement to 162.995.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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