Prices are currently taking support on the 1st support which coincides with 50% Fibonacci extension as well as 61.8% Fibonacci retracement. Prices might bounce higher towards 1st resistance which coincides with swing high resistance and 61.8% Fibonacci extension level. If prices fall through first support, it is likely to reach the graphical swing low support...
Confluences: -Price retraced to the 78.6 fib level -Price consolidated after the retracement a bit -Price just broke out of the consolidation -I will get in on the retest of the consolidation box Feel free to tell me what you guys think!
This pair is in an uptrend creating higher highs and higher lows. We have shown rejections at a key fib level, rejecting 50ma and also respecting our trend line drawn on. The more confluences the better! On lower time frames we were in a downtrend creating lower lows and lower highs. A double bottom has been formed, we have broken our counter trendline and we...
Welcome to our weekly trade setup ( EURJPY )! - 1 HOUR Bullish reaction and closure above main sr level. 4 HOUR Expecting another upside push. DAILY Overall bullish market in a pullback, good long entries! - FOREX SWING BUY EURJPY ENTRY LEVEL @ 128.500 SL @ 127.640 TP @ 129.690 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different...
Hey Hey Hey, So this morning is not good for us, we've just lost 5.1 pips (I traded using pipettes, so it 51 for me). But it's okay, I have found another opportunity for us in EURJPY ! Here's the setup! Entry at: 128.418 Stop Loss at: 128.350 Take Profit at: 128.588 With this setup, we are risking 68 pips to be rewarded with 170 pips! All the best,...
EURJPY buy above 128.36, targets at 129.09-129.27
💡 Trade Idea 📈 EUR/JPY | Buy Limit @ 128.26 🎯 Target Profit 129.14 🛑 Stop Loss 127.83 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price is ranging inside a bullish channel where it made a correction count to the bottom of this pattern. We have a confluence area between the daily support, the 61.8% Fibonacci...
EUR/JPY | Potential Upward Movement 🚀 🔨 Technical Analysis: Starting by the higher time frame the coin is posting higher highs and lows by smashing all the daily resistances. Recently, a correction count has been posted toward the new daily support. on the lower time frame the price is heading toward a strong confluence area between the 61.8% Fibonacci...
FX:EURJPY CONFLUENCES: - Elliot Wave 5th leg - Rejection of 61.8% Fib level - Breakout from longer-term downtrend - Bullish market structure confirmed by EMA crossover - Rejection of 50 EMA - Grey area providing minor support
My expectation for EURJPY is to complete ABCD Formation .. Good luck ..
2/27 - EUR/JPY Pair looking to continue uptrend in 2021 1. Looking like 3rd wave of primary building. 2. Should see a little pullback here to 126 area for 4th wave of intermediate, then a continued assent to 132-133 area = next Fib ext and some price resistance. 3. Should see 5th wave to 200% Fib and price resistance at 137.5 in 2022.
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EUR-JPY is 1 one of the most pressured European pair that i know off, but with all her price afflictions in this plandemic, profit fx and her team have been bagging effortlessly, with our current position running in massive profit of 200+ PIPs and price now approaching our target with little over 100 pips to get smashed, we will like to share this bag with...
The Trend Follower Strategy has just bought EURJPY at 128.944. The system recommends entering this trade at any price between 128.815 and 129.073. The signal was issued because our Speculative Sentiment Index is extremely positive, with a value of -1.602. This suggests that the EURJPY could be trending upwards.The 14-period Average True Range on a daily chart is...
Trade idea EURJPY long stop buy 128.50 stop loss 126 first target 138
I am buying this bullish pennant. Overall trend is long