We can see that the pair has turned bullish after a short correction. We have also identified certain patterns which further support our bullish basis. These have been listed below: 1: The pair is in a strong uptrend as the price is making new highs 2: Trendline breakout 3: Pennant pattern breakout We will wait for the price to correct on the lower time frames...
EURJPY is approaching the top of the one year Channel Up pattern with the 1D time frame on strong bullish technicals (RSI = 63.669, MACD = 1.080, ADX = 24.666). Once the 1D RSI breaks the 70.000 overbought level again, it will be the most optimal sell entry on a seven month basis (previous one on October 21st 2022). It is already a strong sell opportunity and we...
Hello,Friends! We are now examining the EUR/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 148.279 level. ✅LIKE AND COMMENT MY IDEAS✅
In EURJPY, we have a neutral setup where the price is oscillating between 148 and 150. The expectation is for the price to return to the 149 zone for a long entry with a target at 150. At that point, there is a high volume of executed orders. Let me know what you think. Happy trading, everyone.
EURJPY - 24h expiry A Doji style candle has been posted from the high. We are trading at overbought extremes. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. We look to Buy at 149.05 (stop at 148.65)...
EURJPY is retesting a strong support at 148.20 . Bullish market structure is still in play !
See Pciture for analysis. Higher Timeframe (4hr) -Price reacting off of 4hr demand -Trend - uptrend -Price above 200MA -Look for buys Lower Timeframe (30minute) -Price broke downward 30-minute trend line -Price removed opposing 30-minute RBD supply -DBR created -Waiting for a pullback into demand -Already 2x other opportunities.
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
Pair : EURJPY ( Euro / Japanese Yen ) Description : Bullish Channel as an Correction in Long Time and Rejection from the Lower Trend Line Impulse Correction SMC - CHOCH Break of Structure RSI - Divergence Falling Wedge in STF
My dear followers , EUR/JPY looks like it will make a good move, and here are the details: The instrument tests an important psychological level 149.447 Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 150.456 About Used Indicators: The pivot point itself is simply the average of the...
EURJPY is moving into consolidation as the following video shows.
Take a look at our analysis for EURJPY. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 149.349. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 150.514 level. P.S We determine oversold/overbought...
The price of EURJPY will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️
This is trade idea for EURJPY Day Trade -Sell around 149.846 - 149.950 (OTE-Optimal Trade Entry and FVG 15m) according to the confirmation that will occur. -Possible bearish price movement towards the support. -Risk Reward 1:3
#EURJPY - Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUY very fast in previous weeks with JPY WEAK AFTER BOJ MEETING. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW. - Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is...
Here is my view for EURJPY on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURJPY broke an important horizontal key level on a daily. We see a positive, bullish reaction to a broken structure, making me think that the breakout is not false. I will expect a further growth on the pair. Next resistance will be 150.95 ❤️Please, support my work with like, thank you!❤️
👑 #EURJPY SELL 👑 Entry: 149.470✅ Targets: 1️⃣149.470🎯 2️⃣149.271🎯 3️⃣148.765🎯 4️⃣148.508🎯 5️⃣148.160🎯 Stoploss: 150.308🛑