Hey Guys! Just a quick update!
As you guys know the current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 114.40 before reaching 133.68.
In this video, I explain the short position I'm currently holding and the reasons why I took the entry, as well as how I plan to trade this set up in the coming weeks.
That's it! I'll keep...
Hey traders, here is the analysis for the EURJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Technical indicators remain bearish. However, oversold oscillators raises scope for some pullbacks
EUR/JPY has formed a Spinning Top on the daily candle, suggesting indecision among traders.
The pair is set to remains choppy at current levels as we head into the ECB meeting. Geopolitical developments are set to remain in the driving force.
DISCLAIMER: ((trade...
we are watching level daily demand zone if market aproch at demand zone then we think for buying for retest supply zone .remember use confirmation at demand zone for looking bulish
Hey Guys! Just a quick update!
As you guys know the current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 133.68 before reaching 114. 40 .
In this video, I explain the short position I'm currently holding and the reasons why I took the entry, as well as how I plan to trade this set up in the coming weeks.
That's it! I'll keep...
📈 Expecting bullish price action on EURJPY as price takes out sell stop liquidity where a lot of retail stops where, also price takes out liquidith below the psychological area 128.000 and closed above with a high bullish momentum on H4, i see a retracement on the JPY INDEX meaning JPY should go down and EJ would go up. RSI/Stochastich Indicator are below 20 area...
Looking at the Daily chart, EUR/JPY has touched a one year low today. Will it keep going lower? Or is this a good time to get into a Buy Opportunity?
We will still need to look at the next few days to see what's in store for price action movement. As in my system, I will be looking for a Bullish Divergence Candle to confirm a good entry point for a Buy...
EURJPY is approaching to important area as it is converging on a symmetrical triangle on. The possibilies for the breakout is high due to the fact that it is making higher highs and higher lows on shorter time.
Trade your levels accordingly.
EURJPY moving in a channel and not able to break the channel upwards.
Good to short this pair and also you can short USDJPY as well. I have shared the chart idea.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view....
Hey Guys!
As you guys know the current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 133.68 before reaching 114. 40 .
In this video, I explain the short position I'm currently holding and the reasons why I took the entry, as well as how I plan to trade this set up in the coming weeks.
Moreover, I review how I have been trading...
EUR-JPY has breached the horizontal resistance level 130 .5
I'm expecting a bearish reaction
And the move down towards the ascending support level below 128.7
sell ..
Hi TRADERS this is my trade set up for the EUR/JPY
EUR/JPY Looking for a pull back in to the order block zone and I am expecting a rejection for a sell trade
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading...
EURJPY hrly short
shortstop @ 131.162
TP #1 @ 131.054 82.61% wr
TP #2 @ 130.754 50% wr
SL @ swing high 131.904 10.87% hr
WR and HR determined from past trades on this pair.
More trades like this on my profile and on Bifrost Trades.
Hey Guys!
Due to 1h weakening of long strength. I aborted the counter bias long entry and simultaneously entered a short position at 131.50 with the stop loss at 133.68 and the main target at 114. 40.
That's it!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
