dont trade before SELL stop, if you get 20 to 30 pips kindly close,its good for investment 2% risks. if you wanna more pips fully risks for urs. we are only try to hit baby pips if you like this analysis,please support our idea by hitting the like button and share to ur frnz. we will support start to end trading hava a great trading!
eurjpy at suply level soon big down side move we can see
hello friends .... high risk trade but have good RR ... good luck...
EUR/JPY Signal Market Sell: 130.330 Stop-Loss: 130.900 Target 1: 129.600 Target 2: 128.330 Stop-Loss: 57 pips Risk: 0,5% Risk-Reward: 3.5
Due to the price hitting the ceiling of the downtrend channel, if the specified uptrend line breaks, we can see the price fall to the specified support range.
EURJPY on massive downtrend on the daily and 4hr charts. Price just pulled back into a key level of resistance/support. We will wait till price rejects with bearish momentum before going short. But... If Price does break above this area, we will wait till it retest as support and see if it hold.
As we can see, EURJPY bounced from the 129.616 level of an ascending channel on the H4, we expecting the market to retest the support level listed on the chart, before a bullish continuation. (EURJPY is bullish on the long-term outlook. The bears have been dominating the EURJPY market for more than three weeks) We taking this trade based on technical analysis...
eur jpy broke the strong zone and went all the way down to 1.28000 now market is at broken structure to retest look for bearish confirmation on lower time frames and enter short with your own money management always remember that patience and discipline are the key to become profitable is Forex trading
Price has reacted to our resistance zone and also trendline resistance by giving a significant rejection and a double top pattern off this area, would be looking to sell the pair upon market opening if all things remain the same.
In H4 price make a bubble top at 129.60 and teach the trendline. Stop at - 130.00 Take Profit- 127.06 After 30pip take initial 50% profit and SL bring at 129.60 and let the runner run.
The pair just hit the resitance it is maintaining in the downtrend of the daily tf and 4hr. Now might be a good time to enter short
EURJPY D1: A strong downtrend, with bearish breaks of structure, LHs and LLs. (See Updates) Now, price finds a bearish order block. Looking for the next LH to form there. 4H: Expecting price to continue to maintain the bearish momentum, form the LH, follow with a BOS to grab the liquidity at the relative equal lows, and form the LL.
Still looking at possible short trades on this pair, a bit of sideways moves at the moment so hopefully we can see momentum pick up and push off that level of resistance for that short trade.
Breakout buyers to the upside will be stopped out once the equal lows get purged. Once this is out of the way we can buy aggressively into the higher timeframe descending trendline.
Looking for a quick intra day trade and possible further continuation swing low... I prefer obviously the continuation moves as there's a lot more potential for profit and you are trading with the trend...
Market has fallen from falling resistance and also from cluster of resistance. So looking for sell.
Sell: EUR / JPY SL @ 129.350 TP @ 128.500 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