EURJPY has been on a bullish run for almost 2 months! We are looking for buy setups only, we will buy at the breakout of the key resistance level at @147.000 area or at the trendline area @146.000 area. Price has broken out the bankers box and ran both sides which means there will be another impulse coming!
📉 Text marks: 🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL. 🔹 ph, pl = protected high or low, which holds current structural impulse. 🔹 bos = break of structure . Based on candle body close below/above previous structural impulse. 🔹 rsz, rdz =...
Recently we have seen a Hugh drop on JPY intervention few days back. Now I am expecting the market to drop in full fledge and at least give us 300 pips profit in coming days. Indicator wise MACD also shows selling pressure .
Hello traders! ‼️ This is my analysis on EURJPY . Here we can see that price broke the market structure, so I am looking for shorts now. I expect to continue bearish price action as price mitigated bearish orderblock and rejected. Like, comment and subscribe to be in touch with my content!
Hello guys. In my previous analysis, I have suggested that the price might move in a bearish momentum because the price seems to not break the upper trend line of the rising channel. As we can see here, the price is trying to fill the bearish imbalance created on Friday. It might retest the resistance zone again, maybe to liquidate sellers who had stop losses on...
#EURJPY - EURJPY currently has an UPSIDE BIAS. XXXJPY CURRENCIES are being BUY very fast with JPY WEAK after the INTERVENTION. The reason is that the JPY INTERVENTION has become PRICE. Somehow it is being RECOVERED again. MARKET RISK is still being OFF. VIX is going DOWN, XXXJPY CURRENCIES are BUYING fast now with JPY WEAKNESS. Perhaps the EURJPY 151.00...
#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the DOWN SIDE. The main reason for that is the NEGATIVE RISK SENTIMENT for EUR. And we can mention the BOE intervention. The reason for NEGATIVE SENTIMENT in EUR is USD BUY. Due to this reason, all MARKETS including STOCKS can be seen UP due to MARKET RISK OFF. It affects the EUR in a big...
After the break above 144 resistance in the middle of the month, EurJpy corrected and confirmed this break as a valid one on Friday and also yesterday. Both these touches of support are marked by long-tailed candles to the downside suggesting buying power in that zone. The price action since June is contained in a large inverted h&s and the up break is also a...
Hello guys. This price has been forming a rising channel/flag, which might be a strong indication that there might be a strong bearish momentum (1D).The price has retested the upper trend line, and if it fails to break it, then a bearish momentum is inevitable. Foe my long term strategy, I anticipate that the price will be bearish. For the upcoming analysis of...
List of confluences: 1: Falling Wedge Breakout 2: Trendline Breakout 3: Key Level Breakout and Change in Market Structure When looking at the larger time frames, we can see that EURJPY remains in a uptrend. We have also seen the market pull back which signalled a chance to enter in the direction of the bigger picture trend. We have listed 3 reasons as to why...
HELLO DEAR Open Position :148.000 T/P 1.2 : touch 2 target in chart. S/L :143.700 Best Regards.
The price faces move up due to three black crows and bearish divergence.
Hello traders! ⁉️This is my analysis on EURJPY . Here we are in a bullish market structure, so I am looking only for longs. I expect price to make a retracement after rejecting from institutional big figure 147.000. I am looking for a long position from bullish orderblock 142.000 or 139.500. Like, comment and subscribe to be in touch with my content!
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis
A quick update on the idea i posted yesterday was waiting to SELL above 145 we got a big impulse move up yesterday and just now got the SELL signal on the reversal indiicator on the 4HR chart lets see how this plays out. Will take profts and trail the stop as position moves down
EUR-JPY broke a falling Resistance lines which make me think That after the pullback and retest The price will go up
Waiting for a retest of 143.828 or 143.026 to long EURJPY back to the swing high target at 145.636 If you agree drop a like and if you have any questions leave a comment :)
EURJPY is trading at the major resistance. The market respected this level before and bounced off it. Price is overbought condition near the psychological level 144.000. We expect a pullback from major the resistance level . ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!