EURJPY trend is bullish as price printing higher highs and higher lows, but there is a bearish divergence on RSI, if price breaks it's last higher low then there is our entry, trade plan mentioned on charts.
We have these indicators for SELL opportunity: EURJPY still has the opportunity to grow, but now there is a chance to earn a short time by selling, We have these indicators for SELL opportunity: - Reflection from the top of the parallel channel - Low volume to continue the current direction - Return/re-test to 1+3 Month high area (min. for TP1) We define 3...
What's popping traders✌️ First I must say this is my favourite pair (after GBPUSD), for one reason. This pair moves the most during after a volatile week, which is good for when you can't trade the Major pairs due to Low liquidity or an upcoming event. Back to the chart: We have our Chart for this week with monday already playing out. On the RED CIRCLE we see a...
Pair Name : EUR/JPY 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break 165.650...
EUR/JPY: Poised to rise more in a risky zone EURJPY broke out of a small bullish triangle pattern. Considering where this triangle pattern was created is increasing the chances that EURJPY could rise as a minimum up to the old structure zones. Regardless of the technical chart, the price is supported more by the fact that the BOJ is not intervening in the...
The EURJPY pair gave us a textbook buy-low-sell-high two-way trade last time we looked at it (March 25, see chart below) and hit both targets: Right now it may be shifting into a new Channel Up (dashed), diverging slightly from the (blue) long-term one. The 1D MA50 (blue trend-line) has been holding as Support basically since the January 10 bullish break-out,...
A great opportunity to short after a break out and previous highs. Tight stop and good luck
Hello,Friends! EUR/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
Find trade parameters below; Entry 167.927-168.233 Textbook SL 168.261 Final TP 166.989 Drop a comment to let me know if you have picked up a thing or two form my analysis Warning: 1. trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose. 2. Previous performance is not a guarantee that my...
my opinion there is more up and if coming back to the zone it can continue to the uptrend
Price rejecting from level of supply as bullish volume comes into YEN. Looking for a continued bearish wave here!
Wait for retest the key level then take a trade for Buy otherwise skip this setup
The EUR/JPY presents a compelling price action scenario with notable opportunities. Recently, the pair encountered strong absorption at the 171.500 level, evidenced by a significant spike indicating substantial seller presence in this price area. This absorption led to a pronounced bearish impulse driving the price down to the 164.000 level. Since then, the price...
On the 15 minute timeframe, price has created Bullish Market structure. Price created a BOS at the level of 169.148 level. Ideally, i want to see price tap into the 15 minute Bullish OB at the 168.851 - 169.041 Level. Once this happens, i see 2 scenarios that could play out. 1) Price rejects the 15 minute OB and creates a 5 minute CHOCH to the upside. This...
Remember the supply zone we marked out yesterday? Well, price mitigated a fresh supply below the initial one and broke below 168.000 We anticipate price moves further with this new supply zone and target the swing low before with demand zone. THIS SUPPLY BROKE THROUGH DEMAND AND LEFT FVG+ BOS Goodluck 🤝
EURJPY leaves clear bullish clues, after a breakout of a solid intraday resistance last week. After the violation of the underlined structure, the price started to consolidate within a horizontal range. Bullish violation of the resistance of the range this morning is an important bullish confirmation. We can expect more growth now. Next resistance - 186.5 ...
my idea on EURJPY price will make 3 touch before drop down on d time frame if week break this idea to 4h time frame we still can see the price on impulse to top so I will wait the price to show me some reversal on top base on 4h then enter my position on 1h put in mind price will hit 164.005 if you hold for long run