Get started

Eurjpyshort

EURJPY, A Clean Setup to Short?Price continues to reject the descended trendline and has formed a resistance at 129.3-129.5 price level. Significant rejections were formed with momentum confirmation, supporting the potential bearish setup. Should price continue to respect the analysis and remain below the invalidation level at 129.5, we may be looking at downside movement towards 127.5 Keep a lookout for a potential entry within the 129 - 129.25 range as price may present rejections and continue its movement to the downside
Short
by IAmDavidX
EUR/JPY SELL OPPOTUNITY VIEW...... IF YOU WANT TO PERFECT SELL ENTRY.THEN YOU CAN USE SELL STOP @128.641 LEVEL. Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to support with a like and follow. PLZ! LIKE COMMAND AND SUBSCRIBE
Short
by AronnoFx
EURJPY SHORT (Mean Reversion)Confluences: 1: Stop loss hunt at previous high on weekly level plus a breakout. 2: Price heading towards high of the June(2021) which is an important supply zone with many retail stops. 3: Price has been moving very quickly which signals an over extended market for the pair. Summary: Price is currently over extended and has been moving in a up trend for 2 almost weeks straight. We are looking for a potential stop hunt at the high of June where many retail stops may be sitting. There's is a potential for strong mean revision to take place allowing big players to hunt some stops and grab some liquidity before we see a continuation to the upside in a few weeks to come. This trade is expected run for the next 8-9 trading days or until the target is reached, whichever comes first. Always remember to Buy to the low and Sell the high. We will see how this current weekly candle closes before looking for any entries early next week.
Short
by NDOBObanks
EURJPY: Bearish PennantEJ is currently at the top of a bearish pennant (Monthly/Weekly T.f) the pattern is also visible on the RSI on the Mly T.f The next target is 126.800 . the target after that is 117.740 . We're currently at a fib level. If price is ever to pick up, it'll do so at this level. But i would wait for a break to the upside, then a restest and continuation before buying ( break and retest of pennant or at least 133.100 level.) the next target if that happens will be 137.400.
Short
by FrenchIvory