Hey tradomaniacs, welcome to a new free trading-setup. NOTICE: This is meant to be a preparation for you. As always we need to wait for a confirmation! EUR/JPY: Daytrade-Preparation Market-Buy: 123,875 Stop-Loss: 123,280 Take-Profit: 124,950 Stop-Loss: 59,5 pips Risk: 0,5% - 1% Risk-Reward: 1,80 LEAVE A LIKE AND A COMMENT - I appreciate...
2 trades on EURJPY 1. Entry 123.45 SL 123.2 TP 123.724 2. Entry 123.04 SL 122.785 TP 123.35 ----- Trading Kitchen
Price is currently bearish overall so I am only looking for sells. Price has made a double bottom and created a support level. I am going to wait and see what price does because there wasnt a lower low made yet and I do not want to enter a sell at just anywhere. There are three ways I am looking to enter a trade: 1. Price closes below the support showing bearish...
Hello traders, in my previous EURJPY idea, I mentioned about selling EURJPY at 124.10 at the resistance area( idea attached below). That trade generated more than 140 pips profit. However, I believe the downtrend is not over yet. There's a good chance that EURJPY will drop to the 122 level. So, look at the lower time frame for bearish price action and sell with...
EURJPY has a clear double top pattern as we can see more clearly in the daily timeframe which I circled in my chart. We saw a nice rejection off the top level starting to form a possible bearish downturn. Interestingly, as price level falls, we saw a nice bullish retracement to the 123.60 price level resistance level and if we were to use fibonacci retracement for...
EURJPY bounced off 123.110 where it could potentially rise further to 124.744. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Hey tradomaniacs, EUR/JPY looks very bullish to me although we have seen rejection at the previous high which could cause a potential double-top-pattern. More details in the chart! LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
EUR/JPY rallied strongly and reached the resistance level. However, there could be a reversal here and a subsequent drop to 122. Watch for bearish price action and then sell with 122 as TP. The sell set-up will be invalid is EURJPY closes above resistance.
I believe price is about to reverse off this level, we are just waiting for price action to confirm the change Price is being rejected from this level but we wont enter until its confirmed
EURJPY bounced off 122.542 where it could potentially rise further to 123.345. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EUR-JPY Buy Position , D'ont W'ait more profite . Open price at : 123.149 Take Profite t : 123 . 300 Stop Loss at :121.650 Please you dont know when its can break the support or the risistance so please d'ont wait for taking your profite if you dont know the support and the risistance . if you like my idea . please d'ont forget the follow and the...
The pair did a long accumulation in the form of an inverted head and shoulder pattern. It finally broke out and has been consolidating in an ascending triangle (continuation) pattern since then. Hence, we expect the pair to have a strong bull run when it breaks the resistance level of 122.5.
EURJPY reversed off its resistance at 122.098 where it could potentially drop further to 121.041. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURJPY is approaching its resistance at 122.208 where it is could reverse down to its support at 121.203. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURJPY been making step movements for last couple of days in upward momentum. This analysis is intraday for long term holders ans now at point 120.032 eurjpy has strong supports as you can see in H1,H4 time frame.According to the upcoming fundamentals EUR should be again high with steps movement like corrective momentum. EURJPY still is on my watch list and now...
Now we are shorting this to 121.400, I am expecting price to retrace a bit off this level then we will look for another short entry
Price has reached a key level where it took a fall to support previously, waiting for price to show signs of rejection and to break the trendline before shorting to support
after showing some very good potential we may get an entry, i will wait for price action to clear the next couple hours and see what state of play we are in if we are still within range ill look to set an order ideal being the first sketch, but as we all are familiar anything could happen with price action either way my position is absolutely clear. by no means...