EURJPY idea long position anlysis 1hr Pair : EURJPY Position : LONG (SHORT ) Entry1 : 161.750 STOP LOSS @ 161.450 TP 1 @ 162.050 TP 2@ 162.350 TP 3 @ open ( Trailing SL )
EURJPY - 24h expiry Short term bias has turned negative. The 200 day moving average should provide resistance at 161.35. This is negative for sentiment and the downtrend has potential to return. We look to sell rallies. Further downside is expected although we prefer to sell into rallies close to the 161.65 level. We look to Sell at 161.80 (stop at 162.30)...
from my analysis i shared yesterday i had mentioned that price could go either way we just had to wait and react to what the market is doing.... Now that we had price break above structure my purple zone looking left its an area of structure we can expect price to pullback and retest as new found support to go higher
EUR/JPY -eur/jpy have a supply above the price -price have IMB and LQ above it -If the price mitigate our supply don't enter without confirmations
-Previous Day candle closed Bullish. If we are looking for buys we will take on until 19th jan 24 and TP 2 15 feb 24 daily resistance. - If we are looking for sells we take on until tp 1 19th nov 07 and tp 2 on 12th feb 24 daily support. - Wait for 1 hour candle to close above or below zone. -We risk 3% of our capital. Close trades once price reverses to opposite...
EUR looks strong nowadays. It seems EURJPY will go to previous highs. Retest of previous level level on downside also possible , but i think price will go without retest to 163.
i have updated my idea on EJ now remember the market will do anything it wants to do it is our job to be patient and react to what price is doing so my earlier analysis was bearish but i forgot to mention that if price doesnt close bearish and breaks above our area of structure we could see a retest to create a HL in order for price to push higher into our other...
EJ has been bearish on the higher TF we can obviously see price making LH and LL Now price did break an area of structure last week on the 8th and now price is currently retesting that area as new found resistance.. i would like to see price trade just a little bit higher into our zone and close with a body instead of a wick for a better entry and confirmation...
EUR/JPY edges higher to 161.40 during the Asian trading hours on Tuesday, halting its five-day losing streak. The Japanese Yen (JPY) encounters downward pressure following remarks made by Japan's Finance Minister Shunichi Suzuki, who suggested that now is not the appropriate time for the Bank of Japan (BoJ) to tighten monetary policy. This dynamic provides support...
EUR/JPY recovers its intraday losses as the Japanese Yen (JPY) strengthened following Japan’s Gross Domestic Product (GDP) data showing Japan's economy returned to growth in the last quarter of 2023, thus turning away from a technical recession. The EUR/JPY cross attempts to rebound from weekly lows, trading around 160.60 during the early European trading hours on...
Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
EURJPY - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long EURJPY Entry Point - 161.42 Stop Loss - 160.91 Take Profit - 162.49 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
This week, I'm taking a long position on EURJPY based on the 4-hourly chart. While some may see it as a Bullish Gartley pattern with a warning sign, others may interpret it differently, perhaps as a Bullish Gartley on PEZ or a key support level. My Trade Plan on EURJPY 1. Long position initiated based on the 4-hourly chart. 2. Watching closely for any violation...
after moving in an uptrend the price came across an are of resistance and made a double top pattern .. if we made a back test we will see it did the same thing
welcome here is my eurjpy short idea its based on overall bearish market after bearish sequence price came back to test 61,8% fib price is trading weekly pivot lets see how this setup plays out
Since the first 5 waves is complete, now wait for ABC correction to be complete in order to go short