EURJPY H4 Descending triangle. Currently waiting for the break on the S/R at 116.381 in order to confirm its down movement. Once its broken through, we can proceed to TP #1 which is at 115.829, then proceed to TP #2 at 115.461 and lastly TP #3 at 114.442. Our main target for the long run is 114.442 BUT since im new to TradingView, im still currently trying to...
EUR/JPY, 2H Chart. RSI (9) + EMA (21,RSI) RISK REWARD RATIO: 5.14 Overbought condition in RSI indicator. Short entry @113.61 TakeProfit @111.50 Stop Loss @114.06
Enter 125.78 short, SL 125.91 TP1 125.404 And if it happens to go further.. then 2nd TP 124
SUMMARY: The EURJPY pair bounced slightly during the course of the day on Friday, using the 113.28 level as support. At this point in time, the market is looking bearish. The primary trend of EURJPY is bearish on charts and price is trading below its support trend line in its 1 hourly chart. In its daily chart the price is sustaining below 200 day SMA that are...
Correlation along all JPY pairs, expecting bearish movement.
Multiple pin bars signaling strong selling pressure along the 113.300 support. Price action broke through finally and activated my short. Entry 113.296. TP 112.220
EURJPY has a very similar set up to EURUSD, I like both of them, maybe EURUSD a little more but I will trade both of these set ups. I'll sell the break of the 1 hour trend line, target the weekly lows, keep stops above the weekly pivot (around 115.00). It's a simple clean trade, it might sneak up in the middle of the night, be ready! See more about this at: ...
EURJPY Bearish Bat Pattern short @ 118.53 1st profit target 118.10 s/l @ 118.81
FX:EURJPY It's going to be a good short trade if the market keep the actual impetu breaking the dynamic level and the real minimum. Jesse Livermore's old trading style. No indicators required.
This pair has still potential to the downside.
This pair has been heavy on our radar in both the London & New York Live Trading Rooms, since breaking out of the descending triangle (daily chart) last week. As we continue to break previous levels of structure support & create New Structure Lows (NSL) I'm going to continue looking for areas in which price action can pull back into, so that I can hop on the...
Analysis : Current swing is completely bullish withouth any valid pullbacks (just smaller pullbacks happened). EURJPY is up against resistance and we are having Double top in same zone with RSI Bearish Divergence If next candle ends as Bearish Candle "Enter" else stay back dont enter trade. Entering the trade after the current trend line break is also good...
Monthly Pivot Points - Blue Eclipses Descending Triangle 1.618 D Extension of Down AB SWING.
EURJPY Short Descending Triangle Retracement from .382 fib level Target 1.618 fib D Extension Equal Distance of Vertical Height of the Triangle
EURJPY has been trending down for a while now, and has slowly been diverging away from the major trendline. Afterthe formation of a strong secondary trendline, the market has been putting in lower lows, and has recently formed a double top at the boundary of this secondary line. It looks as if the pair is head down towards the 119 levels, with stops above 124.00.