EURJPY is in a bearish trend. Shorts either at CMP or after a minor pullback depending on how price action reacts.
hello traders today we are looking at #EURJPY, we broke trend-line/ rising-wedge because of that we will look for any #Short positions. Upon any correction on this pair look for a short position. i will also Comment a daily chart regarding this trade. If you have any questions please contact us via Private Message or via comment. -Professor
Time to trade with the trend. Sell Euro and aim for 128 and 122 in the coming days or months! Stop loss at 132
Hi Guys, Here's another EURJPY trade pattern that i found quite interesting. If you look at this chart, we can see that the price has reach the 0.618 level followed by a pullback to the 0.786 level, which then continues a its down trend. I would wait to see what happens when the price hits the trend line, and make a decision from there. However, i believe that...
EUR/JPY breaks below strong support at 200-DMA at 131.23, bias lower. The pair has slipped below 131 handle to hit session lows at 130.89 (lowest since Sept 15 2017) Technical indicators are bearish. RSI and Stochs are biased lower. We see -ve DMI dominance. Momentum studies are heavily bearish, but Stochs are in oversold levels so caution advised. Violation at...
Sell below 135.14. Stop loss at 135.53. Take profit at 134.28. Reason for the trading strategy (technically): Price has dropped perfectly as expected and reached our profit target. We now see major resistance at 135.14 (Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this level to push price down towards 134.28 support...
Hi traders, Similar to the EURCHF, I see a wonderful Bollinger Band spike together with multiple bullish rejections, thus, I am expecting a downside until the 50% Fibonacci level. My first position has been added already, now waiting patiently for the break of the support area to add to another trade. We might see a retest first before we go down. (This is not...
Pending entry at 132.880 Nice short setup. Keep it simple. Cheers :)
Currently have what looks like a retracement on the downtrend with EURJPY , up to the 50% zone. It is also sitting around a support / resistance at this level too, there is the potential for a head and shoulders pattern to complete, with indicators showing the bull power slowly running out. This could start the final leg of the right shoulder. I will be...
We have a potential Head and Shoulders pattern forming on this pair, with the right shoulder forming and ending at around the monthly support of 131.000 level. This would coincide with a large demand area for the pair to then turn bullish and begin climbing to the upside. If it breaks the daily pivot level of 132.665 and closes under it I will look at...
Currently rejecting 0.382 Fib level at 132.21 3 and I think this level is going to hold, potential short with an entry around 132.000 and if price holds out past daily trendline then this pair could continue to melt down to 130.400 area.
EurJpy is showing a nice break-out on the 1 hour time frame and seems to be heading back to 132-132.50. Use these as possible take profits. A stop should be at 131.40 the next support
EUR JPY Short Opportunity based on supply zone break failure and its targeting the bottom demand zone.
Shorting EURJPY Based on signal generated by our indicator. Best to short once we close daily below our blue zone.
hey guys a new chance to get best trade EURJPY now to get Wave 3 all details in chart there everything look at chart
Sell for: TP1: 100 PIPS TP2: 200 PIPS Let's Watch !!