💵Pair Name EUR/JPY Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🔗 Key Technical / Direction ( Short ) Type : Mid Term Swing —————————— Bearish Break 163.600 Area Reasons - Major Turn level - Fixed Range Hvn - Trend Break Out - Fibo Golden Break - Turn Over Trend Bullish Reversal 161.250 Area Reasons - Major Turn level /...
EURJPY formed a nice inverted head and shoulders pattern on a key horizontal support. Its neckline breakout is an important bullish signal. We can expect a pullback at least to 164.2 ❤️Please, support my work with like, thank you!❤️
EURJPY is currently displaying an uptrend, characterised by the formation of higher highs and higher lows on the daily timeframe. If the price surpasses the 165 level, it is likely to continue its upward movement towards the next resistance zone at 167. Conversely, a breach of the support at 162 would indicate a potential short-term peak and shift the bias towards...
Good afternoon guys, I wish you a good weekend, I share with you my next trade idea to start next week, the eur jpy pair has fallen back to 50 and 61.8 fibo, above the 163,500 area, above the highs of February 26 and on March 4, the MACD shows me a cross of averages, together with the stochastic, in this area which I marked with a blue rectangle, there are several...
EURJPY tested the upper border of the descending channel, then dropped. The market bounced off the level of 163.500. The support level became resistance. Price action is printing lower lows and lower closes, indicating a bearish trend. We expect completion of the AB=CD pattern, so the price is likely to test the support level. ------------------- Share your...
Trade Call: Short Entry: 163.646 SL: 164.810 TP 1: 162.471 TP2: 161.295
reason: market structure = bullish fair value gap break of structure
EURJPY En: Black Sl: Between Red Lines (1% of your balance) Tp: Green (Check the picture or tradingView for Numbers) Cancel if Tp crossed without opening #240Min_trade #N48
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
As you can see, the price created equal highs defined as our final target. There are two possible scenarios. Personally, I prefer to see the price move lower once again, and after collecting the sell side liquidity get support from the mean threshold of the order block and the midway of the bullish daily FVG, then we can look for the LTF for entry. It's a...
Hello,Friends! EUR-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 159.920 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
Currently long bias on EJ due to the daily and 4h uptrend correlation. Further consolidation around the plotted 4h HL may provide evidence towards continuation once a respected pattern shows a momentum shift of price and strong breakout. What's your plan for EJ?
EURJPY has formed a double top pattern along with rising wedges, confirming a sell signal. Additionally, other JPY pairs have begun to decline, indicating that EURJPY is likely to follow suit. TP and SL levels have been identified. It is crucial to adhere to risk management principles at all times.
Hello,Traders! EUR-JPY went down to Retest the horizontal support Of 163.450 from where I will be expecting a Local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!