EURJPY sellit is time to sell EURJPY . Price is rejected from the above supply zone and now we can take the retracement entry on EURJPY. 1:4 risk rewards on this trade. Good luck.
EURJPY trade ideas
EURJPY Set To Grow! BUY!
My dear friends,
Please, find my technical outlook for EURJPY below:
The instrument tests an important psychological level 160.93
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 162.17
Recommended Stop Loss - 160.33
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
———————————
WISH YOU ALL LUCK
EURJPY(Short)Turtle soup Trading Strategy
The Turtle Soup strategy, however, flips the script, aiming to profit when those anticipated trend.Linda Raschke’s Turtle Soup strategy is a counter-trend trading approach that capitalizes on failed breakouts.
It takes inspiration from the famous Turtles trading experiment, where novices were trained on a trend-following system.
EUR/JPY For Bearishyou can go short now
or
wait for entry point and go short
- General Trend is Down
- EUR under pressure
have fun :)
BUY EURJPYIn todays session we are monitoring EURJPY for buying opportunities, entry at current price 160.740 stop loss below 160.175 and targets as high as 162.20. Use proper risk management.
Potential ShortOn the 15 min chart, we could potentially see a reversal at the 78.6% level, with the stop loss at the 100% level and take profit at about 1:5.
As always, we need to be careful with these trends as it goes against the current 15 min trend.
This strategy is a low win rate high risk reward strategy
Quick 60 pips 5 mins Intraday Scalp Hello everyone, trust we're all having a wonderful trading day !
This is a solid setup which I believe price win respect during the Asian session because price just sold to clear the liquidity below and gave a clean rejection which in every case like this, a retest win have to take place to that zone below as confirmation for the buy... Target - 60 pips
kindly do your own analysis and please, implement proper risk and money management,
EURJPY SELLSell EURJPY After Breakout. You can set SL at 162.500
Tp1: 158.734
Tp2: 157.334
Note: Wait for breakout confirmation before selling, Goodluck Traders
Potential short position EURJPYBias
On the H4 chart, we have potential bullish signal.
Entry
Entry is on the 15M chart, where we will use the 61.8% and 78.6% retracement level.
Stop Loss
For the 61.8% entry, the stop loss is at 78.6% while for the 78.6%, the stop loss is at the 100% level
Risk
Risk is at 0.1% of the account
Comments
This strategy tends to have a low win rate but a relatively high risk reward ratio. We therefore have to proceed with caution.
EURJPY (Short)Turtle soup Trading Strategy
The Turtle Soup strategy, however, flips the script, aiming to profit when those anticipated trend.Linda Raschke’s Turtle Soup strategy is a counter-trend trading approach that capitalizes on failed breakouts.
It takes inspiration from the famous Turtles trading experiment, where novices were trained on a trend-following system.
EUR/JPY Gave Yesterday +60 Pips , New Entry Valid To Who Missed This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURJPY Long Hi Traders,
We have another Week of opportunities.
Just a quick technical analysis on the 15m. A previous Demand Zone is Tapped in after drawing out sell side liquidity.
We have another liquidity taken with a multi FVG. Executing a Limit Buy Order at $161.222, SL - $161.032, TP $162.645. Trade Responsibly
EUR/JPY Signs of WeakeningWe can see that bullish pressure slowed down and price started to consolidate. It failed to break our resistance zone and I spotted lower high and lower low formation. These are the signs of a weakening and stoch. RSI is giving us "sell" signal.
EURJPY LONG The first thing a trader should focus on, is higher time frames in order to mark out his “bias” or zone of interest.
I’m currently long on EURJPY after satisfaction all the conditions. Liquidity sweep in lower time are just to get a suitable entry.
1:3 Day TradeSimple trend following day trade. RSI shows a divergence. SL below the previous low, targeting the near term high.
EURJPY What Next? BUY!
My dear friends,
Please, find my technical outlook for EURJPY below:
The instrument tests an important psychological level 161.37
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 162.15
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
———————————
WISH YOU ALL LUCK
Bullish Butterfly Pattern Checkback on EURJPYHere’s an interesting setup for all you counter-trend traders out there. A Bullish Butterfly Pattern checkback could provide a solid buying opportunity. Let’s break it down.
Current Overview:
- Bullish Butterfly Pattern: This pattern is setting up a potential buying opportunity for those looking to trade against the trend.
Strategy:
Entry: Look to enter a long position as the market completes the Bullish Butterfly Pattern.
First Resistance Level:
Trendline Break: The first level of resistance will be at the Red Trendline on the chart.
Partial Profit: When the market touches this trendline, consider taking partial profits.
Stop-Loss Adjustment: Shift your existing stop-loss to the entry price at this point, creating a risk-free trade.
Final Thoughts:
This setup offers a clear strategy for managing risk while capitalizing on a potential counter-trend move. Remember, trading is all about planning and managing your risk effectively.
Are you considering this trade? What’s your approach to counter-trend trading? Share your thoughts and strategies below!
Happy trading, everyone! 🚀
EURJPY SHORT ANALYSISAfter seeing the market closure from the previous day rejecting a key area on the 4hr timeframe, we could expect a new leg to the down side.
4HR Inverse H&S Weekly - 3 weeks ago made a very large liquidity wick followed by a bullish
Bullish Engulfing candle. This is a good indication that price is changing
direction and will push to the upside.
Daily - Bullish M on the daily Price came back to my daily zone correctly which is a sign that
Bearish momentum is slowing down.
4HR - Inverse Head and Shoulder on the 4HR, I have placed my limit
EURJPY POSSIBLE SWING BUYThe market is overall bullish based on Monthly and Weekly TF. Could this be the point where the uptrend wants to continue? Lets see how this will play out
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.
