Holding at fibonacci as well as being supported by 50 SMA, large wicks showing support. Price may top out at 120.00 however should beat if ascending triangle is true to the price. Enjoy.
EURJPY PIVOT point, line breakout, support and resistance.. H4: It is clear, we are now in new trend! UP TREND IN up trend, I am a buyer, not seller. If I want to buy now: SL: 117.446 TP: 119.660
Price has completed Elliott Waves 1-4. Price is currently sitting at the 38.2% fib level. Fib extension tool places TP @ Long Term Resistance between 120.20 and 120.90. Afterwhich, I'd look for a retracement and take the A corrective wave down as long as my validations are met.
Very nice breakout structure long, see if it holds.
EUR/JPY long-buy weekly 120-125 break target profit resistance 700 pips potential profit and 30 pips stoploss support with 20 rr Indicators and oscillators are oversold weekly, rsi, demarker and bb etc. EMA, MA and MACZ-Vwap etc.crossing for bullish movement Economic calendar release are all bearish and hawkish
This has the potential to travel ti 117.7X. I have entered a 2nd position at 115.515, 61.8% fib level.
education follow signal accordingly
HI EVERY ONE EUR/JPY reacted to its support line and will move upwards. FOLLOW ME. STAY INFORMED UNTILL THE ANALYSIS IS DONE.
Good long setup for #EURJPY for the next 3 days. The bearish trendline was broken by a strong impulse on 30 of April. So we have to wait for the retest but it will probably begin to bull before. 115.8 it's the level from which it bounced before and could be a good point to enter. A Fibo cluster is on the way with a bullish trendline as well. First Entry...
Getting in on trend up before hitting the highs from 2 days back for 1:1
Nearing strong support, need to wait for breakout confirmation of key support level to go short. Consider playing short term bounce to monthly resistance, still waiting for breakout confirmation similar to the wait on EUR/USD before going short