It seems to me that EURJPY didn't capture significant liquidity from the first stop loss hunt. Price seems to be pushing up to tap the second zone of liquidity before it hopefully falls into our target area.
Head and shoulders formation on EURJPY. Price is currently underneath the neckline and expected to bear down!
We were unable to open a Bearish position in my last publication on this pair as the price continued to find a higher level ( see link below for reference purposes) but the current structure transposing into a Head & Shoulder - a strong reversal pattern suggests that the bears might lead to further decrease in price in the meantime. Tendency: Downtrend...
I expect a nose dive into the zone marked before buyers begin to take control again and create some new high points.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (133.42). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURJPYis in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (133.42). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURJPYis in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
We can expect further downside pressure on EURJPY. As we can see on the EURJPY H4 chart, a strong uptrend broke the downside.
Welcome to our Trade Setups - June 07th ( EURJPY ) ! SELL EURJPY ENTRY LEVEL @ 133.182 SL @ 134.348 TP @ 129.675 Max Risk: 1% - 3%! Risk/Reward Ratio: 3.01 Leave us a comment or like to keep our content for free and alive. Have a great week everyone!
Orders will be left remaining at the high volume box marked, I would expect a strong pullback into the minor box marked before some sell-off action into the target level.
As I said last weeks...If we make a parallel between the chart on a week and one month we can see as EJ Pattern Pattern formed since 2018! In the 1 week chart we observed that this is a very important area for EJ's near future ... if you see in the left circle, any closure even for 1 day over the green line means an imminent climb in the 137,300 area However ......
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Welcome to our Trade Setups - May 30th ( EURJPY ) ! SELL EURJPY ENTRY LEVEL @ 133.881 SL @ 134.062 TP @ 133.338 Max Risk: 1% - 3%! Risk/Reward Ratio: 3 Leave us a comment or like to keep our content for free and alive. Have a great week everyone!
Hello everyone! I'm hoping to reach lots of people here on tradingview and create a community where we all share and help each other in becoming better traders, so please, comment and share your ideas and thoughts in regards to my posts! :) I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the...
Welcome to our Trade Setups - May 26th ( EURJPY ) ! SELL EURJPY ENTRY LEVEL @ 133.133 SL @ 133.659 TP @ 131.019 Max Risk: 1% - 3%! Risk/Reward Ratio: 4.02 Leave us a comment or like to keep our content for free and alive. Have a great week everyone!