🔸 DAILY CHART EXPLANATION: . . 🔸Price bounced at the Resistance Zone. . 🔸It has been consolidating since then without a clear direction. . 🔸We consider that this pair has bearish potential towards the Support Zone. After that, we will wait for a definition based on the two scenarios in the chart. . 🔸 Will look for a lower timeframe setup when the direction is clear.
EURJPY Long Idea Overall this pair has been extremely bullish on all major timeframes. Currently we’re looking to continue with this trend and will be looking to enter on long opportunities only. Ideally a higher low formation above 125.300 with strong bullish setups would be enough to enter long. Look to target higher toward key resistance and fib levels.
EUR/JPY as the title suggests, is in a Bull flag. Enter in the flag, preffered around 125.380. I am taking profit around 125.650 and 125.900. Good luck with this trade! Tibor
EURJPY on the daily chart hit the weekly discending line and started to range between 124.500 and 126.500 area. Market is near to a monthly trendline (purple) and we can expect a test of it. IF the market will break below the daily structure we will set a nice short order till the bottom of the channel. IF the price will break above the weekly structure we will...
🔸 4H CHART EXPLANATION: . . 🔸Price bounced at the Daily Resistance Zone. . 🔸It has broken the Ascending Channel. . 🔸We are waiting for a breakout of the Support Zone to the downside before considering short positions on this pair. . 🔸 Will look for a lower timeframe bearish setup if the zone is broken. 🔸 DAILY CHART ANALYSIS:
EURJPY on the weekly chart hit and got rejected for the 3rd time by a weekly resistance. Market that moved inside an uptrending channel till now is losing a bit of the bullish momentum and probably will look for a retracement. IF the price will break and close below the first 4h structure and consequently break the channel we can expect the market to reach the...
eurjpy looks like it will change the trend to go bearish. sell opportunity at fib retracement
If Sell channel breaks, we could se the sell...But we could see a continuation to the downside for the Sell
EURJPY Long Idea On this pair we are significantly bullish and will remain with that trend until we see a major transition. From the current level we see major resistance at our monthly zone around 126.500. Here we can identify two potential long opportunities. 1.Price action momentum continues up and we see a rally off the current level at 125.300. Look to...
The Price Made a fake breakout at the very top Resistance and I caught a sell Position with bearish candle. The Market Is still bearish and looking for more short opportunity with very good RRR. Please trade at your own risk, its just my view and i will enter to the sell position if the market moves according to my analyses. Please also share your view about...
SELL 125.187 - 125.537 Signal ID: 73175 Time Issued: Thursday, 03 September 2020 07:00:15 GMT Status: open Entry: 125.187 - 125.537 Limit: N/A Stop Loss: 126.061 The Tidal Shift Strategy has just sold EURJPY at 125.362. The system recommends entering this trade at any price between 125.187 and 125.537. The signal was issued because our Speculative Sentiment...
Price broke previous daily low at 126.135, buyers are weak and we can see 3 bearish impulsive moves. Our first target is at 125.400
🔸 4H CHART EXPLANATION: . . 🔸Price is on an uptrend, moving on an Ascending Channel. . 🔸We consider that this pair has bullish potential, however, we are waiting for a breakout of the Resistance Zone at 127.00 before considering long positions. . 🔸If the zone is broken, the next bullish target is the Resistance Zone at 129.00. . 🔸 Will look for a lower timeframe...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (126.68). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (126.68). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for sell.