The market is near a good resistance level at the monthly timeframe but there is a higher probability of the market still pulling through due to the daily timeframe.But we have to be conservative on this, I strongly suggest that we should wait till when it passes 136.27 in other to be more certain before entering the trade but before then check for a reasonable...
Falling wedge ...A reversal pattern....could possibly change trend....so only looking for buy..Short term
as even the market is choppy choppy still can be expext a long term buy trend breakout looking for sell
Waiting for break down correction trend line, entry short below trend line.
EURJPY Bullish Channel H1 . SL : 134.77 TP 1 : 137 TP 2 : 138 TP 3 : 139
Hey traders, in today's trading session we are monitoring EURJPY for a buying opportunity around 135,5 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
EUR/JPY is trading to the upside today prior to the JPY Industrial Production (MoM) (Feb). We anticipate a bullish move up to level 139.017
nice selloff on the ej pair market could go lower but ima let the market play
EURJPY has been trading in a bullish parallel channel and current price is trading at important support level of channel. On shorter term, this is the sideways before the next move; a) A bullish breakout from the recent high will calls for long position. b) The sideways move will likely to be distribution and price will fall from here 134.800 level. Trade your...
Trading position in this currency pair, beware of deceptions of the Japanese yen!
- ECB PRESIDENT Lagarde has a SPEAK. There are some positive technical points for MARKET RISK OFF and JPY to be a bit STRONG right now. The reason is that JAPANESE YEN DOWN is very fast right now. So a PULLBACK may come at some point. - The EUR FEATURE currently stands at 1.1147 LEVEL. It rests on DYNAMIC S / R LEVELS. Also the JPY FEATURE is giving DOWN very...
Short Signal Dow - Bearish (Lower low - Lower high formed) Candles - NA Trend - Bearish Support & Resistance - Bearish Price Bouncing back from weekly support Divergence - NA
We are seeing a broken structure and now theres a retest in progress, once the retest is successful, we will start entering our sells.
looking for sells to take out the downside liquidity and then buys after the mitigation. NB- ADAPTABILITY IS KEY IN THE MARKETS!!!!!!!!!!!!
market can go long if it makes above pattern we needs sellers to be faded