ALL EUR Pairs , looking for the drop in this week , invalidation above 0.382 fib levels . let's see
The support at 128.00 has been broken and then re-tested. The H4 view shows that the bears still have the upper hand but I feel that 128.00 will be seen again before the bearish move resumes. Note also that price has been below the 200 DMA and that by itself is a bearish sign. An entry at / just before 128.00 would permit a small stop loss and my target would be...
Hey, just noticed a pattern of peaks and valleys happening over and over on EURJPY past days. Sell idea here. Simple 1:3 to the recent valley bottom after a retest of the previous wedge.
EURJPY Short 15 min resistance level. Selling pressure. Weak EUR. Strong JPY
Hey Traders, today we are monitoring EURJPY for a short term selling opportunity around 127,8 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Lets take the drop to 121. Likes and Comments will be appreciated.
This is my idea on EURJPY. Expecting price to fall to 127.450 What do you guys think?
EUR/JPY analysis; Price will continue selling long term as long as price is below $128.500 resistance, price will continue selling to next support price zone $125.140.
www.tradingview.com Hi everyone!, today I want to bring you eurjpy short, these days there is a panic situation on the stock markets for this reason I would like to buy jpy since it is one of the safe haven pairs of large investors. I noticed this distribution with the dynamic liquidity trendlines ($) which I expect it to imbalance reaching 75% of the retracement...
The price pullback is costly and after breaking the set floor, it is possible to profit from the market up to the previous floor
#EURJPY Here is That We Are Looking More Down From That Position If Any Rejection Happened
Overall, EUR/JPY is trending downwards. Recently, EUR/JPY traded into the resistance zone of 128.500. The German Preliminary CPI m/m data (Actual: -0.2%, Forecast: -0.4%, Previous: 0.5%) released yesterday indicated a decline in inflation for the month of November. The eurozone CPI Flash Estimate y/y data will be released later at 1800 (GMT+8). _CPI Flash...
Looking for a slightly better entry, but will be most likely taking short trades very soon for a push down to atlest 127.500 and possibly further.
For me, EUYJPY is in really good bearish trend, we can look by the candle still below the MA trendline. The second reason is when i look into the JPYBASKET, it still in bullish trend and ready to breakout from the bearish trendline, thats why i decided to go short in EURJPY
Risk 1% of your account equity. SL 129.400 TP1 128.000 TP2 127.468 TP3 127.136 Traders, if you like this idea or have your own opinion about it, write in the comments. Patience, Discipline and Good Trade! KISS: Keep It Simple...
The price will continue to fall to the range of 128, which is the main resistance of the price.
EURJPY in an overal downtrend, previously went through a correction forming an ascending channel. Recently broke the ascending channel signalling sells until the previous low.
Price continues to reject the descended trendline and has formed a resistance at 129.3-129.5 price level. Significant rejections were formed with momentum confirmation, supporting the potential bearish setup. Should price continue to respect the analysis and remain below the invalidation level at 129.5, we may be looking at downside movement towards 127.5 Keep...