Euro Fx/Japanese Yen

EURJPY hit resistance ascending triangle pattern, we can set bearish and aim for 131.79 at classic support and resistance and 0.382 fibonacci retracement. If this pattern still follow the cycle, we will reach target at this friday

Price is currently at the 127.2% expansion level within the expanding triangle at the e leg. rejection of the 127.2% and breakout of the ending diagonal is a confirmation of the sell setup. Don''t forget to LIKE and FOLLow. Happy Trading (*-*)

Buy above 113.12. Stop loss at 132.78. Take profit at 134.13. Reason for the trading strategy (technically): Price has dropped nicely to our profit target. We prepare to buy above major support at 133.12 (Multiple Fibonacci retracement, horizontal swing low support) for a push up to at least 134.13 resistance (Fibonacci extension, horizontal swing high ...

Doing a top down analysis i found many areas where the golden ratio is present. This could mean an inminent correction, after a long rally. Looking a W1 chart we have: - 0.61 fib retracement - purple line= 1.61 blue line - strong level of S/R https://www.tradingview.com/x/3riYi7v3/ Here at D1 chart we have also: - 0.61 fib retracement and 1.61 fib projection - ...

The Euro was trading in a minor consolidation phase in the 133.60/90 territory on Friday, thus demonstrating a rather uneventful ending of the week. This cannot be said about this trading session when the rate opened 22 pips higher (October high) in the wake of Abe’s convincing victory in Japan’s election during the weekend. The Yen has since strengthened and ...

Pretty standard setup here. 3rd push up in expanding trading range. A 2nd entry short after a test of the highs and a failed breakout. May test all the way to the bottom of the range.

Price has reach area of interest and resistance zone where there might be possible bear attack. looking to short at 134.6 lvl but will need to watch out for the ECB news this coming thursday.

wolf and harmonic formations

If resistance breaks we might fall hard, otherwise...I will wait some more

Waiting to bounce back before to set short position. see marked up for EP, TP & SL

Waiting for the price bounce back before we set short position. see marked up for EP, TP & SL

BUY ZONE

EURJPY 15 min chart Fibonacci ratios

Short on a pullback for a target to 132.91, stop above 134.13

patrón rapido

Taking 30 pips profit on 1/2 of short position. This bring the overall trade to breakeven even if the remaining 1/2 gets stopped out at a loss. See related ideas for more details.

EURJPY: SHORT TERM SETUP

Price pattern occurred on a weak S&R zone. Not expecting a big move to the downside to happen yet. 3rd hit to the Low of the Month is likely before another potential big move to break Yearly highs, Then the big drop. If not it may fall from here. Sell Stops below the Low of today's daily candle Poor Risk to reward on the first trade because of a potential bounce ...