Intra-day trade idea. This is all dependent on the current close of the 1HR candle. Bearish engulf out of zone for the new 4HR candle to push up 50% of the previous candle to sell off.
Based on the chart, it appears that there is a bearish trend forming as evidenced by Lower highs (LHs) and lower lows (HLs). Further analysis using the Relative Strength Index (RSI) indicates that there is currently no divergence present. I recommend taking a short trade with a risk/reward ratio of 1:1. Please note that this is my personal analysis and trade...
Looking forward to play this 25RR EUR/JPY Short setup.
One of the popular pairings across the worldwide foreign exchange market is EUR/JPY. It represents around 3% of all daily transactions and is actually the seventh most-traded currency pair on the market. Investors and traders alike look to the euro/Japanese yen currency pair because high levels of volatility can provide plenty of trading opportunities Most...
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect price to continue the retracement to fill the imbalance lower and then to reject from 4H bullish order block + institutional big figure 148.000 Fundamental analysis: Next week we have news...
eurjpy is at strong resistance area a move to the down side expected look for bearish confirmation on lower time frames and sell with your own money management patience is the key
Hi fellow traders, EURJPY has formed a new corrective structure after the last drop. Look for a sell opportunity from this area. The trade will be invalidated if we break the red line. Target the support levels. Good luck and trade safe!
EURJPY is expected to fall after the completion and breakdown of the diagonal triangle
Looking at short positions as pair is in a bearish trend. Looking a bearish continuation after the short break above the bearish trend. This is a long-term swing for me looking forward at least 3-4 months. I would need to zoom in to get a better entry point, once price approached the major resistance zone . **This is just my trading thought process and does not...
EURJPY o trade the EUR/JPY pair in a selling position as it reaches a good selling zone, it is important to exercise caution and implement proper risk management strategies. Traders should consider placing a stop-loss order to limit potential losses and prioritize effective capital management. In addition, it is essential to monitor market conditions closely and...
The reasons that back my case are simple. First of all, we need to take into consideration that Yen is a high risk off asset, with yen longs taking place whenever there is a big uncertainty in the world, or a black swan event unfolding. If you believe that a big crisis is yet about to be seen then you need to consider shorting EURJPY , I personally do for the...
Hello Traders, Hope you all are doing good!! I expect EURJPY to go Down after finishing the correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market...
EURJPY is making series of efforts to break the significant area of resistance ahead we are expecting a move to the downside before any further continuations to the upside look for bearish confirmation on lower time frame and sell EURJPY with your own money management always remember patience pays
You can sell from this Level its a Good level for your short position
#EURJPY in Weekly time frame In This setup EURJPY Will down more to touch the support area of this channel.
EUR-JPY broke the rising Support and the breakout Is confirmed so after a Retest of the broken line Which is now a resistance We are likely to see A bearish move down
EURJPY near the weekly high point and is overextended, it is expected to retrace back to the 147.717 zone ..
Good evening traders, Further to my previous analysis on EURJPY, I am happy to be looking for short term sells now we have violated the daily supply zone. This is a risky trade for me, the Euro is strong currently and I am still bullish on EU - this had led me to only risk half of my standard position size this time around. Targeting the imbalance on the 4h...