Hello Traders Investors And Community,
Welcome to this analysis where we are looking at JPYEUR 4-hour timeframe perspective, the recent events, the current formational structure building up, what to expect the next times, and how possible entries can look. JPYEUR is still moving in a downtrend where it can form now the decisive reversal-formation which can...
In my opinion, JPYEUR appears to be showing signs of a potential reversal as it forms a falling wedge pattern on the 1-hour timeframe, with the current price finding support at a specific level. The falling wedge pattern typically indicates a bullish reversal, suggesting that the downward momentum may be weakening.
Considering this pattern and support level,...
EUR/JPY has printed consecutive bearish sessions breaking last year's high of 148.48, extending its losses past the 18-day Exponential Moving Average (EMA). The evening star three candlestick pattern shows that further downtrend is expected. But the Relative Strength Index (RSI) indicator remains bullish, while the 3-day Rate of Change (RoC) depicts the momentum...
EURJPY managed to break the uptrend line in the 🔴heavy resistance zone🔴 with a breakout candle.
EURJPY is currently pulling back to the uptrend line.
I expect EURJPY to break down to at least the 🟢support zone🟢.
Also, I shared a short position with RR=2.86 with you, but be sure to trade according to your own strategy, and don't forget capital...
Euro/Japanese Yen moved as I expected in my previous post.✅👇
Euro/Japanese Yen was able to break the downtrend line.
Also, we can see regular divergence (RD+) between MACD Indicator and Price.
I expect Euro/Japanese Yen will go up to the resistance zone/line.
🔅Euro/Japanese Yen Analyze ( EURJPY ) Timeframe 4H⏰.
Do not forget to put Stop loss for your...
☃️💥💐🌲Merry Christmas 💥💐🌲☃️
Euro/Japanese Yen was able to break the support line with a candle with a long red body.
Euro/Japanese Yen completed the pullback.
I expect Euro/Japanese Yen will go down minimum to the support zone.
🔅Euro/Japanese Yen Analyze ( EURJPY ) Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position you want to...
I'm playing the trend breakout, We can see that we hold the 0.382fib level and had a nice bounce from it, good sign for continuation.
I'm targetting the range high, with stoploss below the low of 0.382level.
Hello my friends, The price in the ascending channel and broken the static resistance . For now we can enter the buy position with retest the support zone .
Good luck.
If its useful please like it as a support and follow me to next analysis :)
EURJPY has completed a Bullish Gartley Pattern and is now trading at strong support. The current price looks good for a Buy Position with a stoploss 127.70. Targets are mentioned on the chart.
Thanks!
Best Regards,
Trade Like Pros
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- We need time to answer.
This situation is extremely sensitive, we -have to wait and see if the buyers or sellers have more power!
- Economic news is also very important
My Analyses On JPYEUR :
Keep Going Down .
Strong Sell.
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