High Probability Trade Alert:::: TragicJohnonAlert::: Trend Continuation With This Pair After That Dip::: TP 1$2 Indicated On Chart Yellow Lines... SL Previous Low... Lets Go, Its Friday
Adjust Your SL Slightly Lower:: Hopefully It Won't Even Think About Making A Turn... Hopefully :)
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
Starting by the higher time frame the price is trading within a bullish channel formation where it posted a correction toward a daily strong support @ 128.26 mark. On the lower time frame, the pair is traded within a bullish flag pattern which might lead to a lower correction to the 61.8% Fibonacci level. After that this, a move upward could...
as we can see this instrument was up trending in an ascending Parallels channel and there are no majeure resistances on its way,
so we can speculate 2 TPs where we may have some Resistance so we can capitalize our positions there.
one of the most important confirmations are that the price has touched the Fibonacci projection 161.8% extension level and there is a...
Welcome to our weekly trade setup ( EURJPY )!
Bullish reaction and closure above main sr level.
Expecting another upside push.
Overall bullish market in a pullback, good long entries!
ENTRY LEVEL @ 128.500
SL @ 127.640
TP @ 129.690
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different...
💡 Trade Idea
📈 EUR/JPY | Buy Limit @ 128.26
🎯 Target Profit 129.14
🛑 Stop Loss 127.83
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
The price is ranging inside a bullish channel where it made a correction count to the bottom of this pattern. We have a confluence area between the daily support, the 61.8% Fibonacci...
EUR/JPY | Potential Upward Movement 🚀 🔨
Starting by the higher time frame the coin is posting higher highs and lows by smashing all the daily resistances. Recently, a correction count has been posted toward the new daily support. on the lower time frame the price is heading toward a strong confluence area between the 61.8% Fibonacci...
EUR/JPY Signal (H4 Timeframe)
A medium to high probability, entry to go LONG is forming @ 128.443 after the market found support @ 127.300. Only the downward break of 127.300 would cancel this bullish scenario.
Stop loss: 127.300
Take profit 1: 129.117
Take profit 2: 130.260
Take profit 3: 132.123
The long term trend for eurjpy is clearly up and the pair is consolidating gains for over 2 months now.
If we ignore the false break of 126, the range is pretty tight, between 126 and 127.
Now the pair seems to press on resistance and I expect a strong break and acceleration
My target for long position is 130 and only a daily close under 125.50 would change my mind
EURJPY After forming higher high in ascending triangle pattern.Price Likely to break previous resistance..But Monthly Resistance is near to that
Price will bounce to its Support level..After Confirmation (Candlesticks, trendbreak...etc..) You Can GO LONG