Trading Signal:
A Trading Signal is seen in the EURJPY Currency Pair.
Traders can open their Sell Trades NOW
Rank : ⭐️
⬇️Sell now or Sell on 129.59
⭕️SL: Close above 130.05
🔵TP1 @ 127.95
🔵TP2 @ 127.20
If you liked our ideas, please support us with your likes 👍 and comments.
1st Target Zone
- Intraday Trading Idea Range 130.261 (Entry Zone) - 129.439 (1st Target Zone RRR 1:3)
2nd Target Zone
- Swing Expected Trading Range 130.580 - 128.477 (2nd Target Zone RRR 1:5)
here is a valid sell setup on the Daily EUR/JPY to start the week. Not the best trade signal as per my reasons noted on the chart. Just watch your risk % here. Cheers.
EJ fell last week, so waiting for this retracement into the 61.8 level before falling again. It has some other levels it needs to break to get this full retracement. Watching for a consolidation leg or patter as correction before falling again.
Aggressive Sell
Reasoning:
Price has shown consolidation and failing to push higher after breaking the trend line (White Box)
Price has formed a lower high and lower low
Price broke minor structure
Price rejected Level 130.000 Multiple Times
Refer to my previous post at the link below. If the current flat pattern doesn't get broken we might see EURJPY continue with its downward movement in the coming trading days.
After failing to breakout of the bearish symmetrical triangle, EURJPY has printed a bearish impulse and its currently in a corrective bearish flat pattern. I will be watching it closely how it reacts inside the current flat structure. Sell trades will be executed on the smaller time frame based on supporting candlestick formations.
After touching a powerful resistance zone ( on H4 and Daily Chart ), it is a good opportunity to SELL. Fresh zone and powerful that caused price falling before. According to fibo it seems to fall till 128.800. Dont forget risk management.
Thanks
Hello Dear Traders,
You find below my analysis for EUR/JPY, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/JPY will fall to 129.65 as I am showing in my chart. Our Daily Goal is 129.6.
Currently, EUR/JPY is moving towards the resistance level of 130.25,where there is some liquidity from this...
Hello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you...
Sell: EUR / JPY
SL @ 130.310
TP @ 129.100
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
Leave comments or likes to keep our content free and alive.
Have a good week to everyone
