Morning doji star appearance turning bearish to bullish trend .
1. **Bearish Setup and Reversal**: EUR/JPY is showing signs of a bearish setup and potential reversal. A fresh supply zone has been identified between 162.957 and 163.457, where investors, institutions, big players, and hedge funds are anticipated to initiate short trades in bulk. This zone serves as a significant area of resistance, suggesting a potential...
✅EUR_JPY is making a small Rebound and will retest A horizontal resistance Of 163.600 soon from Where I will be expecting a A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
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✅
Welcome back! Let me know your thoughts in the comments! ** EURJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
The EURJPY has been bearish since the 20th of March and with the bearish bos forming I saw a perfect entry to enter on the 1H POI which created an imbalance when it formed.
💵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 looks good to be short sold at these levels.
Euro/JPY seel position LL and lH break LL open the sell position RR 1:2 SL previous LH
Based on the volume and compression, it seems like a good opportunity for a long position
4hr downtrend, 1hr supply entry into daily demand, 5:1 RR.
Hello Everyone, EURJPY appears to be responding favorably to weekly support levels and is presently testing daily support. Should the price consistently stay below the 1-week/1-day Pivot Point, there's a potential for the 1-month Pivot Point and underlying support to come into play. However, it's worth noting that the overall trend still points towards bullish...
As we can see that EURJPY has created head and shoulder pattern at the well respected Trendline while also breaking and retesting a significant resistance zone. So you can plan short trade over here if you agree with the analysis.
Dow theory stated that a trend could be bearish if it makes higher low and lower lows respectively. Now here EURJPY after making its all time high it started making lower highs and lower lows and by this bearish engulfing candlestick pattern it seems it make it s new lower high now it will make new lower low.
Keep it simple. Price seeks only 2 things: liquidity and areas of inefficient price action