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EJ

EURJPY 4hour Analysis July 18th, 2021EURJPY Short Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: EJ is looking very bearish and honestly because of the high volume and how price action is forming it’s making our options more risky. We want to continue with the trend so we want to try to enter on high probability trades only. Either EJ will push lower now and could present a good short opportunity but confirmations will be limited. Or price action will pullback to resistance near our 38.2% fib level and present short opportunities after a confirmed lower high. Trade scenario 2: For us to consider EJ bullish we ideally need to see price action break above 132.000 with a confirmed higher low.
Short
by ForexLeague
EURJPY 4hour Analysis July 11th, 2021EURJPY Short Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: We are definitely overall pretty bearish on EJ and the trend looks like it could continue this next week. Ideally we see resistance and broken structure tested and rejected around 131.300 with strong bearish setups to follow. This will confirm the lower high, new structure and the continuation of the trend, target lower toward major support levels. Trade scenario 2: For us to consider EJ bullish we need to see a major resistance level broken. Conservatively we will wait for price action to break 132.000 resistance and for higher lows to form above this level.
Short
by ForexLeague
EURJPY 4hour Analysis July 5th, 2021EURJPY Short Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: We’re looking very bearish on this pair and as we generally remain below 132.000 we’re going to favor bearish scenarios only. Look for a clear lower high to form below 132.000 with strong bearish setups and target lower toward key levels of support. Trade scenario 2: For us to consider EJ bullish we need to see a higher low above 132.000. Look to target higher toward key resistance levels.
Short
by ForexLeague
EURJPY 4hour Analysis June 21st, 2021EURJPY Short Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: EJ recently turmed bearish last week as we saw price action plummet. We rejected support at 130.000 and price action is pulling back. Now we’re looking for structure formation and a test of resistance at 132.000 with a confirmed lower high, We’ll be looking for shorts in this area as bearish setups form. Look to target lower back to 130.000 Trade scenario 2: For us consider EJ bullish we need to see a break back above 132.000 first. We will be hesitant when looking for long opportunities as there are a lot of resistance levels that price action will have to break through and confirm.
Short
by ForexLeague
1
EURJPY 4hour Analysis June 13th, 2021EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: Overall we’re bullish on EJ higher timeframes. But we are seeing the 4hour starting to pick up more bearish momentum. Ideally, to continue with the 4hour trend we need to see a break of our key support level at 132.750. To enter short we first need to see a confirmed lower high below 132.750. Trade scenario 2: For us to consider EJ bullish we need to see a higher low above 133.650 with strong bullish setups. Look to enter long and target higher toward key resistance levels.
Short
by ForexLeague
EURJPY 13/06/2021 - WEEKLY FORECAST TF 2HHello Traders! While Penguins are on the hunt, you can easily join them as well! It is easy, all you need to do is to collect the hearts and watch for the eye signs. Heart in the box - a place to take profits Eye sign - spot to jump in, or watch Penguin - expected direction Have fun with it, and remember - this game is about the patience. Keep yourself cool. Like it if it was helpful to you. We appreciate the likes and comments. Provided feedback helps us with the future service. Got questions? Feel free to DM us! Thank you for your attention, GOD BLESS U ALL !!!
by UnknownUnicorn20315650
EURJPY 4hour Analysis June 6th, 2021EURJPY Short Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: EJ has been very bullish but we’re seeing a trend change on the 4hour timeframe. From where price is currently it’s looking more likely that price action will continue to fall. To enter short on EJ we need to see a confirmed lower high below our 133.350. Target lower toward major support. Trade scenario 2: For us to consider long opportunities on EJ we need to see a higher low back above 133.350. If this happens we will look to target higher toward our -27% fib level.
Short
by ForexLeague
EURJPY 4hour Analysis May 30th, 2021EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Overall EJ has been very bullish and is currently holding a steady channel. The current level is at a high so we want to wait for a pullback with a nice reversal around a confluence level. Look to enter long after we can confirm a higher low near our 61.8% fib level & target higher toward negative fib levels. Trade scenario 2: For us to consider EJ bearish we need to see a failure of the channel itself. Look for a lower high to form below support at 133.300 with strong bearish setups. Target lower toward major support levels.
Long
by ForexLeague
EURJPY 4hour Analysis May 23rd, 2021EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: EJ has been very bullish on all timeframes and was actually a bit overextended on this 4hour timeframe. Thankfully we’re seeing a pullback where we will be looking for structure formation. Ideally, we want to see a strong reversal at our 38.2% fib level with strong bullish setups. Look to target higher on a bullish variation breaking the 132.750 level. Trade scenario 2: For us to consider EJ bearish we first need to see a break of support at 132.420 with a confirmed lower high below. Look to target the bottom of the range then re-analyze as price action develops.
Long
by ForexLeague
EURJPY 4hour Analysis May 16th, 2021EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: EJ is extremely bullish and is showing no signs of slowing down. Ideally we would like to see resistance at 132.750 break with a higher low above. Look to enter long on strong bullish setups and target higher toward negative fib levels. Trade scenario 2: Price action could fall at current resistance and aim to form structure at a key fib level. Keep in mind, as long as price action is above support at 132.000 we are generally bullish on this timeframe.
Long
by ForexLeague
1
EURJPY 4hour Analysis May 9th, 2021EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Overall we are very bullish and EJ is currently executing last week’s analysis perfectly. So in order to enter long on this pair we need to see a pullback and higher low formation at 131.400. Look to enter long on strong bullish setups and target higher toward our -27% fib level & weekly resistance near 132.750. Trade scenario 2: As long as price action is above 131.400 we are overall bullish. So for us to consider EJ bearish we need to see a confirmed lower high below 131.400. Look to target lower toward support at 130.600.
Long
by ForexLeague