TomHall
Long

EUR.JPY - Multiple Bullish Opportunities

FX:EURJPY   Euro / Japanese Yen
On the EUR.JPY 1hr chart we have 3 potential trade opportunity's at the D leg completion of x2 Bullish Bat setups & x1 Bullish Cypher Setup.

Bullish Cypher Setup ( Blue ) - D leg completion 114.535
Target 1 - 115.664
Target 2 - 116.363

Bullish Bat Setup ( Grey ) - D leg completion 115.538
Target 1 - 116.280
Target 2 - 116.744

Bullish Bat Setup ( White ) - D leg completion 116.376
Target 1 - 116.806
Target 2 - 117.076

Bullish Bat Setup's: Stop loss would be placed below X leg structure support .
Bullish Cypher Setup: Stop loss would be placed below X leg structure support .
Comment: Bullish Bat setup at 116.376 now invalid due to a break above the A leg.
Website: http://www.UKForexSignals.com
Become an Affiliate: https://ukforexsignals.idevaffiliate.com
Instagram: http://www.Instagram.com/UK_Forex_Signals
Twitter: http://www.Twitter.com/Tom_H_Official
Facebook: http://www.Facebook.com/UKForexSignals
tom can you tell me little bit about this , you said it bullish ,now the market higher than target so we waiting for pullback and buy position??? thanks mate I'm newbe
+1 Reply
TomHall TOP HengkiTjen
@HengkiTjen, Hi, That is correct.
We can only look to take positions once price pulls back to a D leg completion.
If the market continues in the opposite direction we simply close any pending orders.

If you have anymore questions don't hesitate to contact me.
Reply
nice
+1 Reply
TomHall TOP DeathYen
@DeathYen, Thanks very much.
Reply
Thanks tom
+1 Reply
TomHall TOP albertos
@albertos, My pleasure, i hope you have a great week.
Reply
Hey mate! I've got a professional question. Sorry to bother you, but i'll be gratefull to you, if you can answer. There's a screener service of Forex Finviz. In this Finviz i see a performance on daily or weekly etc. For example, right now the AUD has a worst trend and CAD the opposite. Does it means that i have to sell AUDCAD authomatically? Or the JPY and CAD on weekly. Does it means i have to buy CADJPY? I don't know. Maybe it is bullshit, because the trends are changing quickly?
+2 Reply
TomHall TOP MarkSterensohn
@MarkSterensohn, Hi Mark, that's a very good question.

There are multiple ways to approach this topic as it all depends on your trading experience, strategy, trading timeframe ect.

Every morning you can run a tick sheet giving a (X) to currencies that from your analysis are weak and (o) to those currencies that are strong.
e.g from your technical / fundamental analysis the JPY is weak, and on the other side of your analysis the GBP is strong, so you would look to take a position on the GBP.JPY long.

Of course the information above will only be beneficial depending on your strategy and other key factors.

I hope that helps a little and answers your question.
+3 Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out