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
Traders, as I stated earlier that we can expect EUR to do badly this week if it will not stand its ground to gain some weight.😂 EURJPY is currently at the resistance of June 2021 trendline. I expect price to drop from here. Sell opportunity can be taken right away with stop loss above the trendline. Trade smart😁
EJ came back into our resistance area on Friday and clearly rejected with a full bearish candle on the 4hr. Closed under 129.700, came back to retest and is rejecting also with clear momentum. We also formed the right shoulder of a H&S on the 1hr.
Wait for confirmation on level 129.500 for buy/sell Overall Reasoning: - Level 129.500 has shown good reactions in the past (Scroll back to see) Sell Reasoning - Trend line was broken with a strong bullish push causing a S&D imbalance which is expected to be filled and retest trendline - Overall trend is still bearish (Unless price rejects level 129.500 and...
EURJPY is in a current downtrend and the 0.618 retracement level is at 129.0 level. If EURJPY continues in this current trend we can expect another 128 support test. If we do manage to close above this downtrend and break it we can expect some reversal and with 2 possible TP’s. If we respect the downtrend we can expect a move to 128 and possibly 127 as our 2 TP’s.
Anticipating rejection of 61.8 fibonacci level before impulsive move towards downside, looking for 1:6RR
SELL now (128.50) SL@128.91/ TP@128.05. The pair needs one more leg down. The pullback at the upper Bollinger, previous lows and Fibo retracement alonside with an hourly reversal candle, gives us what we want for a potential winning short trade...
BUY: EUR / JPY SL @ 127.870 TP @ 129.250 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
European Economy Recovery amid the PLAN-demic, will we be able to see the recovery of the Euro against the greenback? Long-Term Analysis.
EJ, according to the 50 and 200 MA crossover, is showing signs of a potentially confirmed bear market. This is between a swing and position trade. Use proper risk management.
#eurjpy, 3rd September daily key reversal bar dictating momentum for downside movement. 130.00-30 Supply zone for short. Target 128.20
#EURJPY H4⏰ Sell Price : 💰129.515 stop loss: 💡 129.900 Tp : 💎 128 Risk / Reward : 1/4 💰💰💰 Max Risk = 2%-4% 17/09/2021
EURJPY has broken the trendline downside and currently at 4H support can go short on the break of Support and rest with good risk reward
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