Hi guys. eurjpy is ready to sell. Im waiting for OB . there is a very good RR for sell positions
Hello Traders ! This is a technical view on EURJPY , we're looking to taking a long position on EJ in the next few hours. For the following reasons: After the last big rally on EJ, the price was stuck in between levels: 134.00 Support & 140.00 Resistance, then we saw a fake break down at 134.00 Support as is shown in the Weekly Time-frame. It's close with that...
Hey Guys! The current eur/jpy weekly bias is long. Or in other words, price is likely to reach 139.98 before reaching 124.34 The long entry I was mentioning last week was triggered, however I need a pullback to the 136.00 levels for a long entry due to overall risk managment. In this post, I explain how I will be trading this set up, as well as how I will be...
Euro remains bid ahead of German CPI data Holds strong support at daily cloud Momentum is bullish, volatility is high
#EURJPY 4H SET UP Bullish then Bearish Buy short Sell Long Buy Now Sell limit 139.00
- EUR FEATURE currently stands at 1.0740 LEVEL. It rests on DYNAMIC S / R LEVELS. Also the JPY FEATURE is UP. It stays at 0.0077 LEVEL. The EURJPY PRICE rests above the DYNAMIC S / R LEVELS. So most of the time the PRICE can be UP again in the form of a STRUCTURE. Then there will be DOWN. - Currently the OVERALL MARKET is RISK ON. STOCKS is currently...
Still Short EURJPY at 136.30, Just zooming in on the chart a bit to give a better idea of what we are seeing. EJ is back below the 136.31 Fibbo resistance as well as below the downward trend line which sits ust above that fibbo lvl. We saw it test both of these levels briefly and is now back below suggesting that the top is in place for now. The support comes at...
Short EURJPY @ 136.30 TP: 132.20 SL: 137 Selling a clip of EURJPY below the 136.31 fibbo resistance, and will sell another closer to that 136.80 downward trend channel. Stop is in the system at 138 but I will probably close through 137 if we smash through these next two resistance levels. So this trade is a great RR of 5.8/1 Good luck ;)
Hey Guys! The current eur/jpy weekly bias is long. Or in other words, price is likely to reach 139.98 before reaching 124.34 In this post I explain the possible entry long setup that can form and how I plan to trade it. Moreover, I explain how I will be managing this long trade if entered. That's it! I'll keep you guys updated! Ken Disclaimer: This is not...
Hello Traders ! This is a technical view on EURJPY , we're looking for taking a long positions on EJ next days; for the following reasons: We've a bullish trend with currently doing a correction that taking 4 months, and the last month the candle before closed it rejected from 128.00 support level since March 21, Now we're in the same levels of support that looks...
EURJPY is going to complete wave (B), after that we will have wave (C) in downward.
Technical Analysis: EUR/JPY finds strong support at 110-EMA and daily cloud, weakness only on break below Price action has broken above 200H MA and 21-EMA
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EUR/JPY eyes 20-DMA at 136.71. Further, on a quarterly basis, GDP increased by 0.3%. Finally, the Employment Change was up 0.5% in the first quarter as expected.
- EUR FEATURE currently stands at 1.0473 LEVEL. It rests on DYNAMIC S / R LEVELS. Also the JPY FEATURE is UP. It stays at 0.0077 LEVEL. The EURJPY PRICE rests above the DYNAMIC S / R LEVELS. So most of the time the PRICE can be UP again in the form of a STRUCTURE. Then there will be DOWN. - Currently the OVERALL MARKET is RISK ON. STOCKS is currently...
EUR/JPY has retraced from session lows at 133.74 Support - 133.85 (Lower BB), 133.07 (110-EMA) Resistance - 135.29 (5-DMA), 136.09 (21-EMA)
This is a follow up detail on the publication I made on this pair during the weekend. So, with the current structure projecting multiple rejection by buyers right above our key level at 137; I think it is most appropriate that we start preparing to take on a potential bullish move so we do not get caught unawares when it finally happens. Risk Disclaimer: Margin...
Hey Guys! The current eur/jpy weekly bias is long. Or in other words, price is likely to reach 139.98 before reaching 124.34 In this post, I explain the reasoning behind this long set up as well as how I plan to trade it. That's it! I'll keep you guys updated! Ken Disclaimer: This is not Personal Financial Advice.