Eurjpyforecast
EURJPY BUYTake a buy on eurjpy as it consolidated few hours and showing rejection candles , it is expected to go long . Its a high quality trade and will give atleast 50 pips .
If you want to learn this strategy just drop a comment 🙏
( Falcon Strategy )
EURJPY Long Trade Idea 💡Hey traders, here is the analysis for the EURJPY. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
EURJPY LONGEURJPY is in a lovely upwards channel. To take a long I will be looking for price to come down where marked.
I will look for a third new higher low to be created whilst staying within the channel. This confirms that the trend is likely to continue...the trend is your friend.
From 126 region I expect price to go up towards 128 region. This is providing us with a great long option with good r/r. Trade is only valid if technicals are respected .
EURJPY Buy Plan | Entry details in description EURJPY Buy - Entry- 126.755 SL- 126.086 TP- 128.762 NOTE - Please do your own analysis before taking this trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
EURJPY | Perspective for the new weekSince my last publication on this pair (see link below), it appears the Resistance level @ Y126.620 is not holding as price finally breaks out of this level last week to find a new Support level (Demand zone).
Despite Europe having a lead over Japan when it comes to vaccination; The unfolding Covid-19 situation and other global events might have its toll on this pair in the coming week as both the European and Japan economy continues to struggle to contain the Covid-19 pandemic.
Tendency: Uptrend ( Bullish )
Structure: Breakout | Supply & Demand | Channel
Observation: i. Since December 2020, price action has been caught within a channel of Supply and Demand ranging between Y126.000/127.000.
ii. A breakout of this channel last week sets a new tone to the trend and might be the continuation of the rally that has gripped this pair since mid-last year.
iii. In the coming week, I shall be looking out for a possible correction which might deep into Y126.400/127.000 area for an opportunity to go long.
Trading plan: BUY confirmation with a minimum potential profit of 140 pips.
Risk/Reward : 1:4.5
Potential Duration: 3 to 10 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
EUR/JPY BUY SIGNALHey tradomaniacs,
welcome to a new free trading-setup.
EUR/JPY: Daytrade-Execution
Buy-Limit-Order: 126,460
Stop-Loss: 126,135
Point Of Risk-Reduction: 126,815
Take-Profit: 127,225
Stop-Loss: 33 pips
Risk: 0,5% - 1%
Risk-Reward: 2,31
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
EURJPY H4 view PREPARE TO TRIPPLE YOUR ACCOUNTS WITH EURJPY EURJPY Will go short after RETEST however in overall we are looking for BUYING ( SWING)
EURJPY BullishAs we can see a range market since 2/12/2020. Now market showed us a Elliiot wave bullish sign.
1st it will touch support line or TL then it will shoot.
EUR/JPY BUY SIGNALHey tradomaniacs,
welcome to a new free trading-setup.
EUR/JPY: Daytrade-Execution
Market-Buy-Order: 126,680
Stop-Loss: 126,375
Point Of Risk-Reduction: 126,885
Take-Profit: 127,230
Stop-Loss: 30 pips
Risk: 0,5% - 1%
Risk-Reward: 1,85
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
EUR/JPY BUY SIGNALHdy tradomaniacs,
welcome to a new free trading-setup.
EUR/JPY: Daytrade-Execution
Market-Buy: 127,060
Stop-Loss: 126,670
Point Of Risk-Reduction: 127,350
Take-Profit: 127,800
Stop-Loss: 39 pips
Risk: 0,5% - 1%
Risk-Reward: 1,90
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
EURJPY SELLThis is EURJPY 1H timeframe analysis, i'm expecting the market to sell for about 80 PIPs before buying.
EUR/JPY Technical Analysis
The counter has broken out of the critical resistance of 126.8-127.
Further, it has broken out after strong consolidation in the form of flag patterns in price action and RSI indicator.
Hence, we expect the breakout to sustain and catapult the prices higher.
EurJpy needs to make a decision For almost a month now, EurJpy is trading in a tight consolidation just under 127 important resistance. Since May the trend for the pair is clearly up and now we also have a rectangle continuation pattern. I expect a break above 127 sooner rather than later and the pair should accelerate gains to 130 next important resistance.
I'm bullish as long as the price stays above 125.50
EURJPY SELLThis is EURJPY 4H timeframe analysis, i'm expecting the market to go down for a retracement before it'll go up.
SELL SELL SELLHello Team, EURJPY has created a distribution phase. my team is already in this trade the next lower level shall be our tp
