ITraderAnalysis
Short

Bearish EURJPY on watch

FX:EURJPY   Euro Fx/Japanese Yen
8 months ago
- Price closed just below the Monthly Res: 127.00 & 50% Fib
- Spinning Top PA setup @ Monthly Res & 50% Fib.
- Current candle very near to descending inner trendline.

Potential Flip Zone. Waiting for signal to short
8 months ago
Comment: Price fall lower slightly and goes into consolidation.
Daily Timeframe shows Inside Bar Formation, I'll be cautions with this bearish mode. Euro price is on the rally thus EurJpy potentially rally higher to retest the falling Inner Trendline (red)
7 months ago
Comment: Price is still in the falling mode, being quite a slow and choppy move recent month. I have not been too active recently due to the market slow pace (of course I mean it from my own trading perspective and trading strategies)

Anyway, price is looking good for EURJPY which approaching our Target 1 around the Monthly Support: 120.00 with Fib Level (-27.0%) extension giving an extra confident of the target area.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out