Welcome to Volume Profile World And Liquidity Analysis.
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Pair Name : EUR/JPY
Time Frame : 4hrs / Daily / Weekly
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
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➕ Key Technical / Long Side's
Type : Mid Term Swing
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✔️( Reasons )
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Bullish Break
128.200 Area
Reasons
- Major Turn level
-...
We,re still now on our previous direction for the EURJPY Bullish pennant pattern breakout Support 127.500 R1 =128.275 Resistance 2 = 128.295 Resistance 3= 129.430 hope that the nearest support are will bounce back and will continue its long terms direction and reach up to 129.450 resistance level .
Prices are on bearish momentum. We se potential for a dip from our Pivot at 128.518 in line with 50% Fibonacci retracement and 127.2% Fibonacci extension towards our Take Profit at 127.489 in line with our graphical swing lows. Technical indicators are showing bearish momentum. Alternatively, our stop loss will be placed at 129.039 and bearish trendline.
Any...
HI guys.
the price react to the support zone & breakup the trend line and now the price is on pullback to it.
so we should looking for a long position.
entry;could be now
stoploss and targets are marked in the chart.
thanks you all for like and share,
--R-ash20--
Hello Traders I hope you are well and safe. Today am Discuss #EUR/JPY For Short.
Here is a Full Analysis of #EUR/JPY. When price Test Supply Area then the Nice opportunity for short.
If you have any query then leave a comment.
Thank you Traders For your Support Like and Follow.
Hey Traders, today we are monitoring EURJPY for a short term selling opportunity around 127,8 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Overall, EUR/JPY is trending downwards.
The eurozone ZEW Economic Sentiment data (Forecast: 22.4, Previous: 25.9) will be released later at 1800 (GMT+8).
Currently, EUR/JPY is testing to break above the key level of 128. Its next support zone is at 127.200 and its next resistance zone is at 128.500.
Look for short-term selling opportunities of EUR/JPY if it...
price is lying on strong support zone + bullish RSI divergence in 4H TF + bounce in daily candle
targets are mentioned in chart ( yellow lines )
SL bellow the demand zone
hello,
uptrend is broken, so we should now look just for selling positions,
As we said, always, we don't have a cristal ball predecting markets' future but we try to be more efficient and more rational.
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thank you
Technical view on the market, which isn't an invitation to buy or sell, But only for learning purposes, sharing my thoughts and dragging your attention on this opportunity.
Attention :
Always use a proper risk management in trading.
Be safe and trade responsibly
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Here we have our EURJPY chart,
After this huge fall settling at comfortable support, we are now looking long back to our MA's.
Dec 6th Trade Idea
Risk Management:
0.01 Lot Per $100 in your account MAXIMUM!
Daily Stop Loss = Results today (+/-) no drawdown
Big Stop Loss = Give trades space to move, protect account
I am SELLING EURJPY 73 PIPS
ENTRY @ 128.075
TAKE PROFIT 1 = 127.734
TAKE PROFIT 2 = 127.344
STOP LOSS = 128.423
MOVE SL TO BREAK EVEN AT 10-15 PIPS PROFIT
The Euro vs. the Japanese Yen. The Yen is a historically low-yielding currency, influencing traders to borrow cheaply in JPY to purchase higher-yielding currencies, including EUR. Because of this the pair is sensitive to broad-based market sentiment trend swings. Volatility may be found in news related to the Eurozone debt crisis and from the Bank of Japan’s anti-deflation policy efforts introduced in 2013.
FXCM