EURJPY Sell Stop Loss: 164.9 Targets: 164.1 164.0 163.8 163.6 163.4
Using Fib value 0.382 = 163.843 to take trade No Divergence noticed RSI and Trendline also making Bearish pattern
Pair : EURJPY ( Euro / Japanese Yen ) Description : Completed " 1234 " Impulsive Waves Break of Structure RSI - Divergence Falling Wedge as an Corrective Pattern in Short Time Frame with the Breakout of Upper Trend Line
Well, by examining the 1-hour EURJPY chart we can figure out the price has the potential to rise after collecting the sell-side liquidity. In this case, we can define the bullish FVG which is below the sell-side liquidity, also this FVG aligns with the 50% previous upward leg and we have a lot of buy-side liquidity that can defined as targets. All in all, we...
The EURJPY pair has shown promising strength after a corrective phase from its peak on March 21, 2024. Today, it successfully breached a significant resistance level at 163.322, providing a stronger confirmation of the existing bullish momentum. With this noteworthy breakout, the allure of a Long position becomes increasingly compelling. Technical Analysis: On...
Prices are forming mitigation block on the 4-hour chart, and I expect prices to fall.
trading on pre marker volume as PMI is coming out. closing before index comes out
Hey Traders, Yen pairs fell rapidly over the Asian session as comments regarding rate changes. Its so important to understand macro sentiment and also Tech levels. Watch for more.
EURJPY - 24h expiry We are trading at overbought extremes. Our short term bias remains negative. This is negative for sentiment and the downtrend has potential to return. We look to sell rallies. Weekly pivot is at 163.55. We look to Sell at 163.55 (stop at 164.05) Our profit targets will be 162.65 and 162.45 Resistance: 164.30 / 167.35 / 168.95 Support:...
There has currently been a break and retest on H4. The rectangle that i have drawn shows where the market is reacting from and if we look at the past history we can see that we do get a reaction off that zone. Currently in profits from this trade, if it does get to 50% of this trade ill close some of my positions
#EURJPY UPDATE Hey team we are here to update about EURJPY. EURJPY is breaking the Wedge Pattern. And getting ready for a good bullish wave in this move we can see gain upto 500Pips+. Keep in touch we will update further soon.
EURJPY has been in an overall uptrend shown from a top down analysis meaning that we are mostly looking for buying opportunities. EURJPY has given us an ascending triangle in the 4hr timeframe making a good confirmation for a buy opportunity. Inside the triangle we have an inverse head & shoulder showing a trend reversal as another confirmation why it is going to...
A clear mitigation block occurred, and a pullback followed. We can expect prices to fall.
This chart shows a series of HH and HL according to Dow Theory.
Hey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 163.500 zone, EURJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 163.500 support and resistance area. Trade safe, Joe.
market buy order. Risk:Reward 1:1 Type of trading: Intraday.
EURJPY is rising toward pivot point that is close to 50% Fibonacci retracement. and could potentially fall to a support level. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 163.42 Support: 162.53 Resistance: 164.41 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital...