Due to the failure of the uptrend and the recovery of the important floor, we expect a slight decline, and this growth of the currency pair can only be broken on the floor, and I expect a further decline for the currency pair.
Hello traders, The price here broke the support line as you can see and there is a possibility to going short after a retest. This is only my idea; always use stop loss and take profit! What do you think about this idea?
For More Daily Detailed Analysis Videos, go ahead and Click on the Follow Button. If you do have any questions, please ask them in the comments section below! As we Start the London Trading Session we can have a look at the EURJPY. Today we will see ECB meetings commence and it is important to plan the assets we are trading before hand.. After the strong move...
What I see: - 8 rejections from support zone (including 2 rejections when it was a resistance zone) - 4 rejections from lower zone. - Stochastics are overbought and crosses in the 4hr chart. What I expect: - Price to short towards 125.165.
Well, as expected, the fourth wave was formed, now the fifth wave is starting, and a small comeback is starting the rally again to reach the goals.
EJ has been very bearish for some weeks now and we are looking to see more bearish movements till a characteristic bullish movement is detected. So right now we will sell from this supply zone which has show a bearish in the retracement leg.
Hey traders, in this week we are monitoring EURJPY for a selling opportunity around 127.9 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
still bearish trend our main daily time frame target is 123.489
eurjpy sell setup in trend .sl tp in chart we have two entry point 50% take entry instant 50% at supply zone best of luck
I tried to provide you in this example how not to trade and how to find high probability entries. In this example EURJPY was longed by retail traders for two weeks for around 69% heard positions. The lesson is very simple if the heard is LONG and tries to catch the bottom on EURJPY for example you will look only for shorts as the longs are not high probability...
If you have been struggling with what to trade and how to know when it's time for you to enter a trade, look no further. In this video, I will be showing you how to create a Forex watchlist and set alerts so you won't have to babysit your charts again.
Hey Guys! Just a quick update! As you guys know the current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 133.68 before reaching 114. 40 . In this video, I explain the short position I'm currently holding and the reasons why I took the entry, as well as how I plan to trade this set up in the coming weeks. That's it! I'll keep...
So I decided to close my 300 pip trade on EURJPY because I saw a bullish pattern form visually.. not actually. Which was a good call anyway. I saw the pullback happening and will re-enter my short trade after it passes the pullback reversal price or Get in on the pullback at the Ichimoku cloud resistance area... Sell Limit and Sell Stop.
Looking jpy strength. and eurjpy to hold Oct high and make a leg to 1.25
= According to trend analysis. It broke a bullish price channel...blue..its targets are 121.487 then 117,687 = According to the technical patterns, he broke a reflexive wedge pattern...orange, and his goal is 120.068
Hello Fellow Traders, I hope That Everyone Follows This Forecast To make some big Profits! Here is a Full Updated Analysis & Forecast For EURJPY. The Best way to follow my Analysis is if the following conditions apply. Conditions - 1. Wait for the Market to Show you some Rejection / Confirmation / Direction 2.Wait for confirmation(Price Action Confirmation Aka...
EURJPY has been in downtrend making lower highs and lower lows. Currently price is approaching to support zone and we are expecting bounce from here. A good bullish candle with closing above the falling trendline will be enough to carry bullish momentum. Trade your levels accordingly.