We have a very nice shorting opportunity on FX:EURJPY . There is a bearish bat pattern and a very nice structure resist @137.00 level. Look left for more confluence. Our targets are located on key structure levels as well and stops should go above the red zone. This is a very nice setup to sell. Avto_T Green Luck ---------------------------------- ATTENTION :...
Sunday morning traders! For Monday there is a very nice shorting opportunity on FX_IDC:EURJMD There is a very nice structure resist zone with the confluence of fibs -38.2-50.0. If you look left we see these key levels, which are our reversal zone and price is more likely to fall down until 133.67 for target 1 and 133.15 for target 2. Lets see what the price does...
Here is another setup on FX:EURJPY We have a very , very nice shorting opportunity. There is a very good structure @137.04, look left for more confluence. Besides the structure we have a completed bearish bat pattern. I suggest to go short at structure as the market has upward momentum, and according to my analyzes the structure must act like a wall. Our stops...
Harmonic pattern is ready to go short on FX:EURJPY We have a bearish gartley with the confluence of fibs 61.8. Our target 1 is around the next support and fibs 31.8 and the target 2 deeper support with fibs 61.8. Besides look left and check the structure levels for more confluence. GL (Green...
Here on FX:EURJPY we have a very nice harmonic moves inside the channel. This is so called 3-drives pattern and we have a very nice trade setup to go short. The structure and harmonic moves gives us the clear opportunity to sell. Our target is the next support level @ 134.72 with the confluence of fibs 50.0, and stops go above previous lower high. Note, that we...
Today on FX:EURJPY we have a very nice shorting opportunity with good R/R. First of all we have very strong structure resistance @136.45 with the confluence of fibs 61.8 and daily R1. Our target is the next structure support with the confluence of fibs 38.2 @134.99 Besides we have a bearish divergence and all these gives us a good chance to go short...
Hello traders. Today I want to take your attention on FX:EURJPY shorting setup. We have a very nice shorting opportunity right at the structure resist level. We have a double top with bearish divergence, which is a good confluence, besides fibs 0.786 @133.30 resist level. We have 2 potential targets both at support zone.
Nice opportunity Traders. Price is in consolidation zone, where Resistance is found at 133.651; Potential bat pattern, entry point at 133.49. T1 - 38.2% T2 - 61.8%
EUR/JPY Day chart as you can see it has recently been bearish and had a retest of the trendlines and the resistance level at 136.614. After testing this resistance levels it failed to break and continued to be a bearish trend. From the resistance trendline there has been lower highs forming indicating that it is actually a downtrend, there should be a retest of...
FX:EURJPY Completed Bearish Gartley pattern: Point B: 61.8% can not touch 78.6% XA Point C: 38.2% to 88.6% AB Point D: 78.6% XA 127% ext AB Targets: TP1 38.2% AD TP2 61.8% AD Ratios: Safe trades;
Despite delicate situation on the Euro, EURJPY could be the most bearish pair involving the common currency; this simply because as the Euro remains under pressure, the Japanese Yen is usually considered the "safe heaven" of currencies, hence the biggest Euro weakness could show up here. Technically speaking, a H&S pattern is taking shape on the daily time frame,...
learn 2 trade like a pro boafx.com - Looking at the EURJPY pair for a sell at the moment after yesturdays relief rally I am expecting this to return to the previous lows of early Monday morning. You can see that we had rejection from the previous support area and the currency pair has already started to move down. Although this might just continue to the downside...
EUR/JPY finding resistance at 139.50's, price action on 1H + 4H looking indecisive/bearish. Long term trend line break adds further confirmation of short bias, short term down trend has formed on 1H time frame. Three tests of structure resistance on 1H time frame also indicates lack of upward momentum, short term bullishness is only abouve 139.50's. Looking...
OUR LONG POSITION IN EURJPY HAVE NOW BEEN BEEN CLOSED @135.00. THE SCENARIO IS THIS; THE PAIR HAS FAILED TO SUCCESSFULLY MAKE 125.30 A 4 HRS BEARISH CANDLE SUGGESTS FURTHER SLIDE IS EXPECTED. THIS IS ONLY A REVERSAL AND WE LOOK TO TARGET THE 131.15 AREA. *SHORT EURJPY = 135.00 *STOP @ 135.35 *TARGET = 131.15