EURJPY - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We are trading at overbought extremes. A lower correction is expected. Short term bias has turned positive. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. We look to Buy at 158.95 (stop...
EURJPY broke a solid horizontal resistance. Retesting the broken structure, the price formed a tiny horizontal range on a 4h time frame. Its resistance breakout is an important sign of strength of the buyers. A bullish movement is expected to 159.4 / 159.7 levels now. ❤️Please, support my work with like, thank you!❤️
Preferred direction: Neutral Comment: The pound is also taking advantage of the momentary weakness in the dollar and is recovering slightly against this background. The price will most likely reach the level of 1.22370, at which we will most likely have to wait for the short entry point again. However, the second scenario is also not excluded, in which the...
Preferred direction: Neutral Comment: The US dollar started the week with a correction and against this background, competitors began to grow. Special attention, as always, to the Euro. Here the price will approach the level of 1.06318 in the very near future. There's an obstacle waiting for buyers there. As you can see, the medium-term trend remains bearish....
💬 Description: The dollar , after all, retains the initiative in the market, but its competitors also have mixed success. We will designate this as a success, since intraday movements in favor of competitors are quite significant and for a trader this is a potentially good profit. At the moment, the instrument is creeping up again to the level of 1.05194, ...
#EURJPY good risk reward short this week. Small short for now, bigger drop comes later
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...
Educational Analysis says EURJPY may go SHORT. According to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why SHORT? On the 1HR timeframe, the pair is making LOWER HIGH AND LOWER LOWS. I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS PRICE WILL RANGE (FROM 124 - 148) IN THIS ONLY IF THE COMING DAYS GO...
JPYX is still in this downwards ranging market, we can see in the regression channel how we are are contracting in a sense on a higher frame. Now we seem to have created this triangle consolidation, with these gradual lower highs and this sturdy support forming underneath. We could look to trade a breakout of this pattern, this could be either up or down at this...
✅ EURJPY is moving near resistance. Price is trying to break resistance with less force. We believe that the chart will start to decline. ✅ 🚀 SELL scenario: short to 144.983 🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
EURJPY Channel: GREEN WK Pivot: GREEN AOB: 10 CON: EngB BUY Stop: 158.961 Stop Loss: 157.672 TP01: 160.250 TP02: 162.828 DWR present as a buy setup on 20 OCT, with Channel and Pivot are green bouncing off EMA10 However, trade is not taken/considered SPX500: SELL DXY: SELL OIL: SELL GOLD: BUY
Trade Details (M5 TIMEFRAME) Sell Limit Given @158.300 Entry: 158.300 Take Profit 1: 158.200 Take Profit 2: 158.130 Take Profit 3: 158.000 Stop Loss: 158.360 Simple Reasoning Change of character (Aggressive Entry) What we thought was LQ taken (False Signal) Price by the looks of it took proper LQ and then waterfalled down.
Preferred direction: SELL Comment: The price approached the level of 1.05700, as we expected in the previous trading idea for this currency pair. Now sales are gaining momentum and it is expected that the instrument will go to update local minimums from its current target. Thank you for like and share your views!
EURJPY Channel: GREEN WK Pivot: GREEN AOB: EMA10 CON: IB BUY Stop: 158.575 Stop Loss: 157.678 TP01: 159.472 TP02: 161.266 DWR present as a buy setup on 19 OCT, with Channel and Pivot are green bouncing off EMA10 However, trade is not taken/considered SPX500: SELL DXY: SELL OIL: SELL GOLD: BUY
EURJPY reached a key horizontal resistance and formed a double top on that on a 4H time frame. Its neckline breakout is an important sign of strength of the sellers. I expect a retracement to 157.2 support. ❤️Please, support my work with like, thank you!❤️
Preferred direction: SELL Comment: The main direction is still downward, here the medium-term vision does not change. However, the results of trading on Wednesday suggest a slight recovery against the dollar. Here, an overshoot is also not excluded, that is, a movement towards 1.06000, after which the currency pair will most likely begin to fall again. As was...
EURJPY Channel: GREEN WK Pivot: GREEN AOB: WP CON: SBB BUY Stop: 158.649 Stop Loss: 157.142 TP01: 160.156 TP02: 163.170 DWR present as a buy setup on 18 OCT, with Channel and Pivot are green bouncing off weekly pivot Trade is not taken SPX500: SELL DXY: SELL OIL: SELL GOLD: BUY
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for #EURJPY. Which scenario do you think is more likely to happen? and Why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich