Yesterday, I bought EURJPY at 122.21 and also advised my followers/friends to do so. Right now we are holding the trades for 123.30 as final TP. The support area managed to stop the fall and we also have a nice pinbar candle which indicates that we can see more bullish price action till 123.50.
OANDA:EURJPY BUY AFTER CANDLE CLOSE ABOVE 123.41 TP1-124.90 TP2-126.30 SL-122.40
EUR/JPY Long Idea (5/22/19) 1HR Chart - Looking for price to reach the bullish trendline - Price should reach the 4HR disturbance (orange level) - Looking for the first fib extension @ 124.000 - Long term target @ 125.000
got out at break even and the market changed sides. i am no longer short on this pair.
Disclaimer - I could be wrong/Trade at your own risk...
EURJPY has taken a big hit this week, it has been dropping rapidly, however it has reached a major support zone and seems to be being held up due to the bounce it had when price hit the zone. What we think will happen next depends on the next movement in price, if it breaks above the resistance zone marked on the chart then we will see some bullish movement to...
EURJPY has been travelling in an ascending channel ever since the large drop on all fx pairs, It recently broke out of the channel to the downside and has come back up to retest it. We expect price to now drop to the -0.27 extension level after testing the descending trend line.
Anticipating shift in trend downwards as price action demonstrates a strong momentum swing down. Additionally, MACD + Triple Time Frame RSI provide additional support for my idea
eurjpy buying from support zone price 123.937 long term towards resistance zone price 127.297long term daily time frame.
EURJPY has been travelling in an ascending channel ever since the huge drop on the majority of the fx pairs. Not much to be said apart from the doji candle and bottom of the channel has been hit, indicating price will make its way back up to the top of the channel IF PRICE HITS STL , PRICE WILL MOST LIKELY FOLLOW THE RED LINE.
GARTLY FORM ON H1 CHART LAST SIGNAL XAUUSD IN GOOD PROFIT NOW
EUR/JPY is going to have a small correction before bouncing up as you can see the predicted path within the chart - we can see a small retest of the 124.450-500 area.
Once again guys, we have another beautiful set up here.. oh btw, if you don't follow me already.. HIT THAT FOLLOW BUTTON. Right,Right.. Let's dive into the technicals. We have a nice Bullish run before price reaches that point of resistance where price starts to retrace bearish. As you have probably gathered, my strategy is simple and I would recommend everyone...
Price has been travelling in a large ascending channel, we experienced a fake out to the downside, price made its way back into the channel annd shot up all the way up to the previous resistance point which is quite significant. We saw a major drop the last time we were here, can it happen again down to the bottom of the channel? We believe so... Price is...
Anticipating shift in trend downwards as price action demonstrates a strong momentum swing down. Additionally, MACD + Triple Time Frame RSI provide additional support for my idea ALL OUR TRADES AND POSITION UPDATES ARE POSTED TO OUR TELEGRAM AND INSTAGRAM PAGE Trades Telegram: www.t.me Chat Telegram: www.t.me Instagram: www.instagram.com
Introduction : After last December's US economic uncertainties (US-China trade wars and US government shutdown), JPY played its role as the world's safehaven currency and rallied back to its mid 2017's levels. Since January this year we've been witnessing an indecision as to whether it'll continue its move downwards or pullback to its previous 130.000 levels on...