Thursday, 04.04.2024 We took the previous weekly low and touched my 8 EMA. On the daily timeframe, we witnessed a strong rejection with momentum from my daily VWAP low. Now, I wait for a pullback before buying. Currently, we are at a 4-hour resistance level, so I'll wait patiently, but my bias is long. There's a chance for a push down to hit my 0.382 Fibonacci...
Hi traders, EURJPY is reached to powerful static and dynamic resistance and according to the overselling of JPY we could sell EURJPY with SL on highest price. don't forget risk free it below the 158. Entry price 161.3 Final TP 152.3 RR1:3 scalpers could take their profit on 158-9 level. Be successes
Hi there, It seems to start a big C correction wave. and we could enter to a long term short position. sell it at 148-148.5 TP1 138 TP2 135 TP3 (final) 125 SL 150.8-151 Be success guys. we glad to see your comments here.
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. If Jpy is still showing weakness, then likely i am looking at both AJ and EJ to look for long opportunities But do keep in mind if BOJ gonna dish out stuns on its interventions. Do check out my stream video for the week to have more explanation in place. Do Like and...
EURJPY next possible trades - Supply and Demand Update.
Hello,Friends! EUR-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 162.370 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
Euro Looks Stronger then the Yen, And We're Respecting Significant Discount Arrays, So am Long EJ.
BUY/LONG ZONE (GREEN): 161.550 - 166.700 DO NOT TRADE/DNT ZONE (WHITE): 159.750 - 161.550 SELL/SHORT ZONE (RED): 155.710 - 159.750 Monthly: Bullish Weekly: Bullish Daily: Bullish 4H: Bullish Previous bearish trend has been labeled along with the DNT area and the initial bullish zone that price broke into to flip the trend. Currently price is onto the next...
As EUR/JPY recently breached its all-time high, there was a noticeable surge in trading volume, indicating a potential shift in market direction. Typically, after such a significant milestone, it's common to observe a corrective phase where prices adjust from the extreme levels reached. This correction could manifest as a retracement or consolidation, representing...
My dear friends, Please, find my technical outlook for EURJPY below: The price is coiling around a solid key level - 163.19 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 164.22 Safe Stop Loss - 162.55 About Used Indicators: The...
Got my eyes on the EUR/JPY 15-minute chart here, where we've seen a nice bullish trend. It looks like we might be entering a corrective phase after the uptrend. Using the Elliott Wave principle, I'm predicting possible paths for the pullback. It's always fascinating to see if the market will follow these patterns. What are your thoughts? Will the Euro find support...
EURJPY Short Trade setup when Price entering the Supply Zone. Set Price Alert and Observe the Price Action when price entering the zone.
Turning my focus to EURJPY, a compelling SHORT opportunity has emerged. Technical indicators reveal bearish momentum, with the pair showing resistance at a crucial Fibonacci retracement level and forming a bearish engulfing pattern, signaling a potential reversal. The presence of a bearish divergence on the RSI and a downward turn in the MACD further supports the...
Preferred direction: SELL Comment: The Swiss currency also began to strengthen against the American dollar , although we previously noted that this currency is one of the weakest among the main competitors of the US dollar. However, for this currency pair we confidently set sell-priority and expect a fall towards the level of 0.88761. Both scenarios...
Preferred direction: BUY Comment: As expected earlier, the American currency began to adjust against its main competitors, but this does not apply to the Japanese yen . Here, as was said, the US dollar will most likely either trade at previous levels, or begin to grow altogether, as indicated on our chart. In general, both scenarios are relevant despite...
EURJPY Trade Breakdown Price broke through the 1 hour bearish orderblock during London. This resulted in a creation of a 1 hour Market structure shift to the upside. So once price retested, the 15 minute orderblock and broke its own higher high on the 15 minutes timeframe, I entered a long and place stop loss at the 1 hour orderblock low targeting a...
EURJPY Sell Stop Loss: 164.9 Targets: 164.1 164.0 163.8 163.6 163.4
Pair : EURJPY ( Euro / Japanese Yen ) Description : Completed " 1234 " Impulsive Waves Break of Structure RSI - Divergence Falling Wedge as an Corrective Pattern in Short Time Frame with the Breakout of Upper Trend Line