EURJPY IDEAHello, today I present you a pair of EURJPY.
This week and the next few days I will be taking short.
It is a good place to get in.
Good luck.
Eurjpytrade
EURO JPYEUR/JPY forming Double Top and i will take SELL position
Entry : 136.760
TP 1 - 136.000 ( +76 pips)
TP 2 - 135.460 ( +130 pips)
SL : ( -34 pips)
EURJPY Break above 21-EMATechnical Analysis:
EUR/JPY finds strong support at 110-EMA and daily cloud, weakness only on break below
Price action has broken above 200H MA and 21-EMA
SELL EJ FOR 900 PIPS, MARKET CRUSH!!!From the day timeframe, we can see a perfect head and shoulder from the legs of 7th March, 2022. head got cupped at 138.31/136.78 (not expecting a buy into any of the listed zones above).
A sell into 130.100, other way round a possible sell into 125.58/124.40 to complete the second leg!
* Price bounce at 133.210 has been completed. Hence it now serves as a breakout price point of sell for EJ!!!
--- From the 2H TF, descending triangle formed with a prefect entry. waiting for it to be completed at 125.60
Hence, we're shorting EJ to a RR of 1:7.4, perfect risk to reward ratio!
NB: red box--rejection zone
blue box--breakout zone
yelow box: demand/supply zone
Swing Trading IdeaTrade at your own Risk. Keep it simple. Trade with stop loss. Risk No more than 0.70 %.
EURJPY Top-down analysis todayHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURJPY Will Fall!EUR-JPY is retesting a strong falling resistance line
That confluences with the horizontal resistance level at 136.579 areas
Which makes me bearish on the pair
And I think that a local bearish pullback
Is coming, with the target being a local support below AT 132.869
EURJPY 200Pip Reaction From The Equality Test, What Next?In this update we review the recent price action in the EURJPY nad update the trading strategy and price objectives to target
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW- EUR FEATURE currently stands at 1.0473 LEVEL. It rests on DYNAMIC S / R LEVELS. Also the JPY FEATURE is UP. It stays at 0.0077 LEVEL. The EURJPY PRICE rests above the DYNAMIC S / R LEVELS. So most of the time the PRICE can be UP again in the form of a STRUCTURE. Then there will be DOWN.
- Currently the OVERALL MARKET is RISK ON. STOCKS is currently displaying a GREEN SIDE BIAS. And the VOLATILITY is getting a bit DOWN. Also COMMODITIES still shows a UP SIDE BIAS. Currently there is only one RISK ON TONE in the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN.
- EURJPY PRICE can be DOWN to 133.770 LEVEL before UP. Then you can UP to 137.906 LEVEL. The PRICE will move according to this week's ECONOMIC INDICATOR DATA and MARKET SENTIMENT. The next few days can be a bit important.
EURJPY ORDER BLOCK TRADING IDEA: LONGEURJPY pair has seen a downfall over the past week. I have shared my trading opportunity in this pair and tell me what you think of this idea.
my entry point for a long position will be around 134.230 with a SL around 133.60
EURJPYSince we are in the correction waves according to Elliot wave theory, higher levels are the best opportunities to look for sell positions
.
Share your ideas in the comment
EURJPY Edges above 55-EMA EUR/JPY has retraced from session lows at 133.74
Support - 133.85 (Lower BB), 133.07 (110-EMA)
Resistance - 135.29 (5-DMA), 136.09 (21-EMA)
EURJPY BUY/SELL SETTINGSWill be looking to buy to sell at my POI on this pair. Volatility very low hoping it picks up this week and patience will be everything.
EUR/JPY Long TradeHey Guys!
The current eur/jpy weekly bias is long. Or in other words, price is likely to reach 139.98 before reaching 124.34
In this post, I explain the reasoning behind this long set up as well as how I plan to trade it.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
EURJPY Short From Resistance!EUR-JPY surged higher to retest
The horizontal resistance level at 137.555
So I think that a pullback
And a bearish move down
Towards the target below 132.791
EURJPYSupport and resistance line hit at around 138.800. on one day time frame formation of a hanging man. on the RSI indicator an oversold position its still active which may suggests a reversal pattern to around 135.500.
EURJPY | EMA-200 SUPPORTEURJPY is trading in bullish trend. Recently the pair made a swing high of 140.050 where we witnessed selling. The price took support from Ema-200 and bounced back. We are expecting bulls will continue their upward journey and push the price higher than last swing high.
Trade your levels accordingly.
EURJPY Short into 134.450 and 132.750Confluences
1. Monthly Resistance
2. Daily Went above then came back below the monthly resistance and recently-made strong resistance that should be support to go up further
Most likely, this will have a monthly pullback.
Target 1: 134.450
Target 2. 132.750
EURJPY hourly long | algo TradingEURJPY hrly long
buystop @ 136.772
TP #1 @ 137.104 78% wr
TP #2 @ 137.475 49.33% wr
SL @ swing low 136.438 13.33% hr
⚠️ half risk due to lack of volume
WR and HR Determined from past trades on this pair, on this timeframe.
More trades like this on my profile and on Bifrost trades
EurJpy Possible SellEurJpy Possible Sell
-Possible Sell For EurJpy @136.788 With Confirmations From Break Of Structure Shift Bearish 15M & H1
-WIth Possible Target at 3H Shift Base Price Point
EURJPY A Great Selling Opportunity 🤨👌Trade Proposal:
There is a probability of first tp to the proposed ( 135.775 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
EURJPY is in Downtrend and It is Expected to Continue Downtrend.
EURJPY LONGS 📉📉📉📉 Expecting bullish price action on EJ as i think price will hit the weekly highs + buy side liquidity area ASAP. We have a huge bullish momentum with JPYBASKET melting intot the ALL TIME LOWS.
Retail Herd is trying to SHORT this pair wanting to catch the TOP.
What do you think ? Where we go next..
EURJPY Weekly Outlook:EURJPY is on weekly main supply, we are expecting that it will drop from this area if confirmation done in Daily Time frame, if confirmation not done then we can buy from weekly demand 127.962. to monthly supply 147.332.But If break the Liquidity level 140.944
