Price could bounce from our buy entry which is an overlap support level at 156.991. Our stop loss is at 154.692, a swing-low support level. Take profit is at 159.069, which is an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against...
EURJPY like all other JPY pairs is in a big bullish uptrend. If we see a bullish start on monday, I have a price target of 158.00 where price might see a pullback or it could blast right trough you can never know! Let me know what your thoughts are on JPY for this week!
EURJPY is a risky trade you can take with small risk (strongly recommended) until it breaks below support (potential pump fake out) please enter in with PROPER risk management and wait until further confirmations. EURJPY Sell/Short ENTRY: 163.882 TP: 160.494 SL: 164.668 2-5% risk capital.
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 155.82, which is a pullback resistance aligning with a 23.6% FIbo retracement. Our take profit will be at 153.17, a swing-low support level. The stop loss will be placed at 157.89, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin...
We saw big drops on all JPY pairs today. I expect some big reversal moves to the upside on all these pairs and EURJPY looks really good for a long setup. Let me know what you think! Always make sure to manage your risk!
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 161.000. Like, comment and subscribe to be in touch with...
Hello,Friends! We are going long on the EUR/JPY with the target of 161.238 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. EURJPY has been overall bullish trading within the rising red channel and it is currently approaching the lower bound / trendline. Moreover, the zone 157.0 is a strong support. 📉 So the highlighted red circle is a strong area to look for buy setups as it is the intersection...
Price could move towards our buy entry which is a multi-swing-low support level at 157.950. Our stop loss is at 159.572, a multi-swing-high resistance level. Take profit is at 156.659, which is a swing-low- resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage...
After carefully studying the graph he published this idea which precisely reflects the points of my interest. As you can see from the graph my entry point corresponds to the yellow circle with the relative SL AND TP set with a risk/reward of 1:4. We are in the HYPER BOUGHT area on the 1D chart and on the 4H chart we had a HYPER BOUGHT with a breakout signal for...
EUR-JPY - BROKEN RISING WEDGE? This is a rising wedge almost broken, but need to wait for more confirmation like new daily candle , and support zone broken , wich now is a neckline of this range.
EURJPY could bounce off our buy entry level and potentially reach our take profit level. Entry: 157.86 Why we like it: There is a swing low support level and a 61.8% Fibonacci retracement. Stop Loss: 156.89 Why we like it: There is a multi-swing low support level. Take Profit: 159.15 Why we like it: There is pullback resistance level. Please be advised that...
Hi everyone. As we have a BOS to the down in 1H TF, now it's time for a pull back. I think around 161 is a good area to look for CHoCH in lower TF(like 5min) to go short. Or you can set a limit order by your own risk. Please consider the risk management. Lets see what will happen... Good luck.
FX:EURJPY accelerates its losses and puts the 159.00 support to the test at the beginning of the week. The continuation of the downward bias appears on the cards for the time being. Against that, the 100-day SMA at 158.62 is expected to offer temporary contention prior to the October low of 154.34 (October 3). So far, the longer term positive outlook for the...
Take a look at our analysis for EURJPY. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 159.383. Considering the today's price action, probabilities will be high to see a movement to 160.396. P.S The term oversold refers to a condition where an asset has...
EURJPY is falling from a pullback resistance level and heading to our take profit level. Entry: 159.769 Why we like it: There is a pullback resistance level. Stop Loss:161.855 Why we like it: There is a swing-high resistance. Take Profit: 157.678 Why we like it: There is a pullback support level Please be advised that the information presented on TradingView...
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURJPY chart which, if analyzed properly, clearly points in the downward direction. ❤️ Please, support our work with like & comment! ❤️
Share your idea in the comment section of this pair and let's debate Good Week, Michel_FRX DISCLAIMER: 1. Be aware this is not financial advice so trade carefully and have stop loss for sure 2. Past performance is not indicative of future results.