Hello TradingView community! I'm here to share my latest trading idea for EURJPY, guided by my Elliott Wave analysis, which currently suggests a potential sell opportunity. Let's dive into the specifics of my analysis. Based on my study, EURJPY has likely completed its bullish phase, typically marked by a five-wave impulse pattern in Elliott Wave theory. The...
Hello,Friends! We are targeting the 157.692 level area with our long trade on EUR/JPY which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Preferred direction: Neutral Comment: The main target for the euro was achieved, and the level of 1.09000 was fixed by sellers. At the moment, it is still difficult to identify any medium-term prospects for the currency pair, and it is most likely better to take a break. To a greater extent, it is the short-term long position that is being looked at towards...
The price could continue rising and break the buy entry and could continue to rise to the take profit level. Buy entry is at 158.329 which is an overlap support level. Stop loss is at 156.286 which is a level that sits below an overlap support. Take profit is at 161.536 which is an overlap resistance level that aligns with the 78.6% Fibonacci retracement...
Welcome to 2024 Traders and Tradingview community. So far this week, we have seen plenty of volatility to start the new year. Crypto has seen solid moves, and the USD has been mainly positive into the first week of the year. The JPY has also been seeing movement, but mainly to the downside into 2024. It's the majors that have caught our attention today as we...
EURJPY Next Sell opportunity 158.00 - 158.52 Target will be +270 pips. get for as a 2 targets. Current situation Running with near the 4h resistance level. Pressure level is 158.50 and support level 153.85 If broke 4h resistance 158.50 enter for buy trade immediately.
EUR/JPY is rising towards a swing-high resistance from the overlap support level. Entry: 156.225 Why we like it: There is a overlap support level. Stop Loss: 155.268 Why we like it: There is a pullback support level. Take Profit: 158.360 Why we like it: There is a swing-high resistance level Please be advised that the information presented on TradingView is...
The price has bounce off the buy entry and could continue to rise to the take profit level. Buy entry is at 155.951 which is a pullback support level. Stop loss is at 153.088 which is a level that sits below a swing-low support. Take profit is at 163.504 which is a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries...
Preferred direction: SELL Comment: The beginning of the new year promises to be hot, and most likely you should count on the strengthening of the US dollar, as we wrote about in previous trading ideas. The previous trading idea for the euro worked out completely, and the deal was closed with a profit. At the moment, we continue to consider the sell option,...
EUR JPY falling wedge pattern. We had a break and retest and exhausted at the lower timeframe based on candlesticks formations on the retest level
Hello there, I hope you're having a great start to the new year. I wish you all the best in your trading ventures and a happy new year with your loved ones. I'm a fan of the Elliott wave principle, which I find interesting and useful for market analysis. I've developed my analytical approach by combining this principle with my personal experience and considering...
For those who have been waiting for my update here, I'm back I keep everything simple Look for bull BUY 155.755 TERGET 159.690 STOP 154.967
Hi guys, USDJPY currency has been decreased as we told you 2 months ago until support level. Now we expect to increasing it until 147-148 and after that we will sell it again. You could buy it with low volume until 146-147 and with decreasing signs (probably 1-2 months later) enter in sell positions. Write your opinion here :-)
M15 and M30 are overbought with divergence, and I believe there is going to be a market crash, so JPY should strengthen. Stop loss is 50 pips with a target of 100 pips
The price of EURJPY could reverse from the sell entry and fall to the take profit level. Sell entry is at 156.240 which is an overlap resistance level that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 157.934 which is a level that sits below a pullback support. Take profit is at 153.843 which is a swing-low support level. High Risk...
good setup on EURJPY, know its in correction level. i think its will go to support level.
Preferred direction: BUY Comment: Long-trade for this currency pair continues to make progress from the previous idea; in the near future we expect the maximum to be renewed at the level of 1.10000 . In the medium term, as we previously stated, a downward reversal is still expected. Thus, most likely, the new year will begin with the strengthening of the...
Sell Entry: 157.759 (Now) Stop: 159.670 TP1: 155.302 (RR = 1.2) TP2: 151.926 (RR = 3)