EURJPY ANALYSIS Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
Trend is bearish unless price can clear resistance at 126.32
EURJPY, already touches strong trend line! Trade when the price action tells!
EURJPY, a healthy pull back, long if it touches the area level of support!
This trading idea is based on Daily & H4 timeframe. I'm expecting it to have a drop break the previous consolidation zone. Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever...
Through back, we had a price that was trapped inside a bearish channel and then price changed direction immediately after tested the overall support, Currently price has break the channel and has provided impulse move to the upside let's wait for a RETEST before Longing EURJPY
EURJPY Will go short after RETEST however in overall we are looking for BUYING ( SWING)
This is EURJPY 1H timeframe analysis, i'm expecting the market to sell for about 80 PIPs before buying.
For almost a month now, EurJpy is trading in a tight consolidation just under 127 important resistance. Since May the trend for the pair is clearly up and now we also have a rectangle continuation pattern. I expect a break above 127 sooner rather than later and the pair should accelerate gains to 130 next important resistance. I'm bullish as long as the price...
This is EURJPY 4H timeframe analysis, i'm expecting the market to go down for a retracement before it'll go up.
This is EURJPY 4H timeframe analysis, i'm expecting a sell on it.
For almost 2 weeks now, EurJpy is consolidating gains just under important horizontal and long-term trend line resistance. As I said before, I expect a new leg up from this pair and 130 zone is my target. 125.50 zone should be very well defended by bulls and a break above consolidation should bring continuation and confirmation
Update to my previous chartwork: I believe the overall trend for this pair is bullish bias, however there will be be a moderate retracement below the 125 handle. I left out indicators as I trade purely based off naked charts/candlestick analysis more often these days as they've been playing up to par.
Looking like a short as various test of the 4hr supply zone. looking for short targets of 125.000 - 123.000