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...
EURJPY Monthly Trading Journal In review of price action since 2003, price hit its chart high in 2008. To which after a 4 year bearish trend it picked back up in July 2012. Price almost corrected the imbalance from 2008 by Dec 2014. Again another 2 year trend of price offering lower prices before beginning a bullish trend. Since April of 2020 this pair has been...
Chart has reached a 300% resistance zone and is now showing signs of reverse. With this, bears power is greater then bulls and it should reach 423% support zone. Bearish. SL 163.261 TP 162.859
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
FX:EURJPY Towards the end of the week, the EURJPY currency pair experienced a significant and forceful move to the downside. In the event that this downward momentum retraces and tests the 38.2 level without surpassing it, there is a possibility that the downtrend may persist and continue to exert its influence on the market. Alternative Scenario: If the...
Bullish indications: Bullish divergence Inverted head and shoulder pattern. Minor support respected. Bearish indications: LLLH Trade plan bias long @ 162.918 SL:162.827 TP1:163.006 TP2:163.078
Same pattern... will it repeat? Thats a dead flat top. But thats allot of liquidity to take up there, theirs also an implied fair value gap too right in the same area.
EURJPY is on bullish trend on 4hr making higher highs and higher lows. It has made bullish engulfing which can be the higher low.
Broken Trend line Trend Chanell Broke Daily FVG Sell idea EUR JPY 📉 sell 162.745- 162.730 zone TP1: 162.170 Tp2: 160.960 SL: 163.200 Rrr: 4.2
EUR-JPY - WEEKLY - Reversal from here? I still reaming neutral bullish for EUR-JPY , i'l became bearish when we will see the first cut rate from ECB.
Trend line is showing bearish market and its making LL and HL Fib retracement at 0.382 is the entry point in trade. Previous HL is at 163.392 which is now stop loss. TP is set on 1:1 ratio of win/loss.
EURJPY is falling toward a support level and could potentially bounce off a pullback support that aligns the 50% Fibonacci retracement and rises toward an overlap resistance Alternatively, if price breaks below the pivot, it could continue to fall to another overlap support level Pivot: 1162.53 Support: 161.87 Resistance: 163.42 Risk Warning: Trading Forex...
✅EUR_JPY is trading in an Uptrend along the long-term Rising support line and the Pair is going down to retest The support from where I will be expecting a Bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
EURJPY is following bearish trend. It is making lower low and lower highs continuously. And we also see that it not created any diversion below 30 area (RSI). So, It seems bearish for now
EURJPY is forming a descending triangle, indicating a potential downtrend. However, we will place a pending sell order at the retest price around the key levels of 163.250 & 163.275.