taking a trade for EURJPY with good RR zone to zone trade simple
EURJPY made an unexpected Bearish yesterday. But it is still in our plan. The Entry Area is the best entry for Bull with minimal Stop Loss. Invalidation Level is our Stop Loss.
Refer to our Weekly Analysis, EURJPY would make some small retracement for ABC movement. This may be the best Entry Level you should monitor if you are planning for Bull.
In this setup we have two zones , one for sell and one for buy. It has a break of structure in higher timeframe and also one in a smaller timeframe which creates an opportunity for sell first then we wait till the price reaches the target and then we buy at our marked zone.
short time trade , get a long position for EURJPY for entering to this position use 1 percent of your deposit.
We are waiting for Entry Area at Wave (iv). This is a risky setup. I would prefer Entry Level at 133.100. It is more ideal setup for Weekly. Good Luck
Hello traders. I expect the price to move downwards after reaching the ceiling of the descending channel and 100% projection. Are you agree?
EURJPY after giving a breakout from falling trendline as bounce massively and then retest the trendline which confirms the continuation of bullish trend. Current price action suggest it is consolidating in a rectangular box to make another big move. Trade your levels accordingly.
📉 I see bearish price action on EJ as price takes out weekly high liquidity and old high buy side liquidity, rejecting a bearish orderblock on h4 and 132.000 area we have bearish candlestick confirmation on H4 to go lower. What do you think ? Comment below..
Welcome to World Of Forex Eurjpy Long term Down fundamentally or technically
Analysis on the daily chart and based on hormonal patterns = It is formed by a butterfly pattern, and since it breached the level of 130.473, it is in the case of ascending to 135.081 and then falling with the target of the pattern to 132.729
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
EURJPY is testing its short term resistance area. If it manages to break above this resistance zone, the new higher high is on the card. Alternatively, if resistance is not taken out then we can see the downside (atleast to the mention arrow). Trade your levels accordingly.
Buying the break out @ 129:250 SL: 128.450 Tp: 129:500. 129.75. Final target 130.250
📉 Expecting bearish price action on this pair as price takes out weekly high and made a bearish candlestick closure h4, we go lower for now. What do you think ? Comment below..
After we lock our anchor, EURJPY seems to be weaker than usual for last week. After all, we still holding our position as the last analysis was still valid. We are looking for reentry level at around 128.600 And hoping to reach atleast 129.600
Hello everybody! The price as you can see broke the resistance line and now retesting it. The price is also at the 60% fib level on 4h chart There is a high probability that the price will go up. Always use stop loss What do you think about this idea?