EURJPY has been travelling in an ascending channel ever since the extremely sharp drop on nearly all fx pairs, We have recently saw a breakout of this ascending channel to the downside, we are in the process of a retest of the channel now, so expect to see some large moves down unless price moves back into the channel and forms and inside retest.
Anticipating a trend continuation downwards for EURJPY as MACD crosses to confirm
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
EURJPY has been travelling in an ascending channel ever since the large drop on all fx pairs.Price is currently at the top of the channel and is also inbetween the 0.50 -0.618 retracement zones which is a golden reversal point. SL AND TPS are marked out on the chart above ,Potential reversal scenarios are also marked out above. If price breaks out above the...
If EURJPY manages to break the consolidation region upwards then it means we are going to have a huge buy, the opposite is also true with sell break
See previous analysis PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
Once again I want to apologise, for the previous post. Honestly it's been a f**ked up week, reason for that a lot of fundamentals news especially from GBP ( Brexit which affected EUR also) EurJpy was for sell, but brexit news sent EUR higher than it should, We had dollar news (very very good) but the market didn't respond, very confusing. My fav quote about...
EJ is running out of steam and has been rejected from a good resistance level and has fallen back below the .618 fib level. We can also see bearish divergence on the 1-hour timeframe below. I am already in this position.
A lot of spinning tops, dojis, hanging man 1h 125.800 Weekly Bearish engulfin, Daily FIB Retracement Sell zone 125.80. TP 1st: 124.85 Final Tp: 124.00
See previous analysis PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
EURJPY has ended the cycle from Jan 3, 2019 low at 127.5. We label this rally from Jan 3 to March 1, 2019 as wave ((X)). This means the pair is in the initial stage of turning lower and eventually can break below Jan 3, 2019 low (118.51). At minimum, the pair should be correcting the cycle from 1/3 low in larger 3 swing. The first swing ended at 124.25 on March 8...
D1 EURJPY short trend line break at 125.53. This supports our original EURJPY short view. Will start adding more position upon consolidation and/or pullback.
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Buy after trendline rejection if MACD histogram forms bullish divergence.
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!