June price action has printed new highs and has now exhausted back to retest the previous high as support. We can clearly identify here the beginning of a small trend change from bearish to bullish. Current confluences reinforcing a long bias are the new high higher high, bullish trend change, potential inverted head and shoulders pattern, support rejected, Daily...
EURJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1:Looking bullish on EJ still and we are currently resting near our 141.500 resistance level. From here we’re looking for higher lows above 141.500 to enter long on OR strong rejection setups off 140.000 Trade scenario 2: For us to consider EJ bearish again we...
As per yesterdays update for the Next .Gen V2 automated trade take profit hit.
Pair Name : EURJPY Time Frame : 15 Min Analysis Type : Scalping Trade -------------------------------------- ➡️ Main Support Level : 139.350 ➡️ Main Resistance Level : 144.100 ➡️ Time To Entry : Buy After Break Out The " LH " Point On Chart,, Suggested Entry " 140.00 - 140.200 " Target And Stop On Chart ➡️ Target : 142.000 ➡️ Stop Lose : 139.750 ➡️ Risk Reward : 1:5
FX:EURJPY Dont Forget Money Management ! Dont Forget Risk Free ! for other TP...waiting for breakout on trend !
EURJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Looking very bullish on EJ still but we can see price action is pulling back to our 140.000 level. From this level we’re looking for some sort of bullish reaction with strong setups to enter long on. Look to target higher toward 144.000 resistance if can spot a...
Hey traders, in the coming week we are monitoring EURJPY for a buying opportunity around 140 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
EURJPY chart pattern more likely to move down If the next EX trend like is broken.
Hello Traders, here is the full analysis for the pair EurJpy, let me know in the comment section below if you have any questions. The ellipse could represent a possible zone with good risk/reward to accumulate short position. Please note that all the information and publications here are not meant to be, and do not constitute, financial, investment, trading, or...
EURJPY on the daily chart is looking for a new all-time high. The market after the retracement into a descending channel tested the 0.5 Fibonacci level and broke above the daily resistance as expected. How can i approach this scenario? I will wait for the EU market open to look for a retest of the support area and set a nice long order according to the...
Hey traders, above is a fundamental overview on EURJPY, we have seen the pair flying recently to 142 levels. that was due to high levels of OIL and fear of inflation in JAPAN as the country is considered an OIL importer which result EURJPY to jump from 138 to 142 Levels, now the price is consolidating. we are watching to buy the retrace of the bull flag breakout...
EURJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: We are extremely bullish on EJ once again and we do have daily structure that formed near 134.300. This could be the rally to new highs & our -27% fib level. This is a big if, so to be safe want to exclusively enter long scenarios on 4hour structure forming...
EURJPY on the daily chart is looking for a new all time high. The market after the retracement into a descending channel tested the 0.5 Fibonacci level and is now moving to the daily resistance. How can i approach this scenario? I will wait for the break of the area and in that case i will move on the 4h timeframe to set a nice kong order according to the...
EURJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: We are now bullish on all timeframes on EJ. Price action is currently breaking 137.000 resistance and now we are waiting for new structure to confirm the break. Look to enter long after the higher low is confirmed. Trade scenario 2: For us to consider EJ...
- EUR/JPY looks nice for a long trade opportunity. - It's trending towards the upside on multiple time frames and both MA's are following this bullish momentum. - We are seeing a 1-hour bullish engulfing candlestick to confirm our entry. - Hedge funds are also signaling increased purchasing power for EUR...
As we can see on 4H EUR/JPY broke the structure which indicates that price want's to go lower and also a liquidity is formed just below our supply zone so we can wait for price to enter our supply zone and grab the liquidity and then we can look for a structure shift on LTF and find an entry.
The EURJPY pair is trading around the 1D MA50 (blue trend-line) being within a Channel Down pattern since the April 21 High. Coming off a Bearish Megaphone, this is similar to the Channel Down of September - November 2020, which was nothing more than a big Bull Flag on its way to a strong uptrend. If the pattern continues to be repeated, then the price should...