Dear Friends, I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors. As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various...
Welcome back! Let me know your thoughts in the comments! ** EURJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hello,Friends! EUR-JPY downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 161.463 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the EUR/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
This was a decent setup - inline with the strategy, however, could not place the trade due to migration issue with TFF. Price created a R which turned into S - had HHs and HLs - entered on the bullish pinbar candle.
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 158.58, which is an overlap support. Our take profit will be at 159.97, an overlap resistance. The stop loss will be placed at 157.23, a support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
FX:EURJPY Break below 156.945 daily support and a retest with the 4h and 1h being bearish.
Preferred direction: SELL Comment: Another one of the most promising deals in favor of the US dollar. Here we will also patiently continue to wait for the US dollar to strengthen. The main obstacle for sellers is now located at the level of 0.65500. Having overcome this obstacle, the instrument is likely to fall to 0.65010 . This is where our sales...
Preferred direction: SELL Comment: Our deal on the pound has been going on for a long time. However, this does not in any way affect the sales we expect. Most likely, this expected fall is being delayed due to insufficient accumulation of the buyer, which is the main resource for the fall. The main target of the fall is located at the level of 1.25000 . But...
Preferred direction: SELL Comment: The currency pair continues to be under selling pressure. A number of important publications and reports are expected this week, and most likely the euro will fall to around 1.07500 by mid-week. Therefore, the previous plan is in force and we expect its further development. Already in the area of the indicated target,...
JXY: Price is forming a double bottom pattern at daily support. We are expecting bullish movement -> We can only look for SELL xxxJPY EJ h4: Price just breakout from strong support. Let's wait for a re-test and SELL it TP1: 158.70 TP2: 157.50 FX:EURJPY OANDA:EURJPY FOREXCOM:EURJPY PEPPERSTONE:EURJPY
Looking at AUDJPY, We have a pivotal moment at current price of 97.25 . A push to it-and-through it , will find bulls taking the lead out the gates for continued bullish momentum, However, eager and more experienced traders find themselves awaiting the better prices off the lows of 96.70s in order to target the full reversal push all the way to 98s . The...
Hey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 160.150 zone, EURJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 160.150 support and resistance area. Trade safe, Joe.
EUR-JPY is trading in an Uptrend and the pair broke Out of falling channel pattern which reinforces our Bullish bias and makes me Expect a further move up After the local correction !
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 160.39, which is an overlap resistance. Our take profit will be at 158.87, a pullback support level. The stop loss will be placed at 161.76, which is a swing-high resistance level." High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
+ 1.) weekly momentum candle and then strong candle with rejection 2.) daily orderflow bullish 3.) hit daily fib. level (0.618) / daily level and fvg 4.) 4h divergence on daily orderflow small pullback then long
My dear subscribers, My technical analysis for EURJPY is below: The price is coiling around a solid key level - 159.78. Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 160.68 My Stop Loss - 159.39 About Used Indicators: By the very...
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 161.49, which is an overlap resistance. Our take profit will be at 160.71, a swing-low support level. The stop loss will be placed at 161,93, above a swing-high resistance level High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and...