EURJPY LONGThis trading strategy is primarily anchored in the concept of the order bloc. At the 161.525 area, there exists a significant potential for price reversal, prompting a retest of the last price injection.Longby MandolorUpdated 3
Potential bullish bounce?EURJPY is on a downtrend but the trend is likely to reverse. The pivot is at 161.512 which is pullback support level that coincides with the 38.2% Fibonacci retracement, price could bounce off this level before rising to 1st resistance at 163.720 which is the swing-high resistance. Alternatively, if the price breaks below the pivot, we could see it drop to the 1st support at 160.369 which is an overlap support that aligns with 61.8% Fibonacci retracement. Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets3
EurjpyCurrently retesting major level of support (double bottom) waiting for rejecting and confirmation before heading bullish Longby Fxphil_trade3
I'm boarding EURJPY "again" ! My presumed scenario is that a downtrend line continues to push prices lower, so it's not crazy to consider a breakout of the previous downside resistance level next. In the event of this hypothesis succeeding, I'm considering a "greedy" TP at 162.00 for glory.Shortby ForexGoldenBoyUpdated 0
EurJpy Trade IdeaWith EJ still being bearish, I’ll personally be looking to short this pair after price can pullback for a possible 1:3rr. EJ is another pair that could break higher time frames structure with smaller time frames supporting the analysis. If crashes below 161.952 can happen then shorts would be the priority for next week as well! This is my last trade idea! I won’t be trading NY with USD having news so my priority will be London! The USD set up I sent out MIGHT or MIGHT NOT play out depending on how news hits so keep that in mind. I’ll still be waiting to see if higher time frame structures shift next week. Good Luck! Shortby OfficialJ230
EurJpy Trade Idea/UpdateCurrently up 6% on just EJ between yesterday and today! Managed to secure a clean 1:3rr last night around 12pm once price continued to show bearish structures. I decided to hop into some shorts again once price broke back below 162.770 to continue that bearish run to 162.215. Price did pump into my direction but than decide to flip on me and stop me due to a range on smaller time frames. Personally waiting on price to break from the range and show a clear push into a direction with clean structure. I’ll just follow price based on structure. Shortby OfficialJ233
Signal presented by my robotDear friends, I have programmed a signal guide for myself that I use to receive my signals. I am currently testing my analyzes. My signal provides me with price reversal points as a percentage, and I choose my entry and exit points for the trade from within the 10 points it gives, based on my trading plan. Important notes: This signal guide is a tool to help you make trading decisions and is not a guarantee of success. Before using any signal, be sure to thoroughly review and test it. Use a proper trading plan and money management. I hope this signal guide will be useful for you. Good luck and be successful! You can follow me on this network to stay up-to-date on the results of my robot's analysis.Longby ICT_SIGNAL0
Downtrend expectation for the medium termA triple top sell signal at resistance is what I what I first noticed about this pair, the resistance point near the recent higher high could be a signal for a sell for the medium term, the uptrend channel is what could be retested or a fake out could occur which would be a signal that price is still trending upwards. Our elliot wave count analyses could suggest that is not the point that price could trend in a new direction therefore completing a new elliot wave count in the opposite direction. Take profit is at support near last week low at 161.749. by sanelemakhoba0
I'm expecting following move on EUR/JPY This is not financial advise PLEASE TRADE AT YOUR OWN RISK!Longby Frustrated_Agu2
short-term idea on eurjpyinternal -> external. waiting for acceleration today - tomorrow to a high of 164.300.Longby unemployedddUpdated 0
EURjpy BuyAs we know the EUR MARKET IS PUSHING UP the market broke below Asian range and there is a form of Rejection / fakeout ( orange cycle the market is might trapthe Bears ( it's NFP week be patient for your entries)Longby Hardley012
EUR/JPY H4 | Falling to overlap supportEUR/JPY is falling towards an overlap support and could potentially bounce off this level to rise towards our take-profit target. Entry: 161.910 Why we like it: There is an overlap support level Stop Loss: 161.405 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement level Take Profit: 163.440 Why we like it: There is a swing-high resistance level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Longby VantageMarkets0
#EURJPY#EURJPY Your free set up is already on its way SLOWLY BUT SURELY Lets gooo #forex #forextrading #forexsignals #crypto #forexlifestyle #money #lifestyle #trade #stock #cash #iphone #daytrading #currencytrading #tradingonline #swingtrading #profit #forextipsShortby zoddytrading0
EURJPY-Previous Day candle closed Bearish. If we are looking for buys we will take on until resistance formed on 12th Aug 08 daily candle and TP 2 27 feb 24 daily resistance. - If we are looking for sells we take on until tp 1 22 oct 07 and tp 2 on 16th May 08 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 direction and 1 hour candle closes below/above order Block. by Mbugua-KeUpdated 2
Weekly abcd pattern found on EurJpy classic pattern BC is 40% of ab cd is 148.8% of bc extension partten cd is 64% of ab ab+ cd patternby InstantForexBosses3
Eurjpy on the down fall lets go Monthly sellswe having the last drop of the month lets take it sample but it will payout hugeLongby InstantForexBosses4
short ideavery simple short possibility trade... we had price a minor area of structure thus creating a LL now we can expect price to retest the structure it broke as resistance creating a LH to go lower Shortby forextrader_13224
EURJPY : I'm on board for a bearish breakout My presumed scenario is that this bullish resistance acts as a polarity zone. That is, it marks the market's transition from an uptrend to a downtrend. The bearish breakout occurred on volumes worthy of this hypothesis. If confirmed, prices could plunge lower. 162.67 seems a reasonable technical target to start with.Shortby ForexGoldenBoyUpdated 2
EurJpyWhat is up! I’ve still been actively trading but I just haven’t posted in some time. Currently up 15% in just 2 weeks! Haven’t had a loss on 2 weeks which just EJ and GJ. This set up is a simple break and retest set up with price breaking and confirming a break of structure! At this point shorts are valid for EJ. I’ll look for EJ to pullback before looking to short again! Solid 1:3rr secured. I closed just a few pips from TP! It’s just a habit of mine. But come work with me! Shortby OfficialJ231
#EURJPYI noticed i got so many engagements on this pair when i posted the analytic bias, lets win together guys, dont forget to like and share SLOWLY BUT SURELY #forex #forextrading #forexsignals #crypto #forexlifestyle #money #lifestyle #trade #stock #cash #iphone #daytrading #currencytrading #tradingonline #swingtrading #profit #forextipsShortby zoddytrading112
Am I crazy I can see one more push, looking at price all the patterns are suggesting the same thing. Lets see what happens by Waves-FibUpdated 221
EURJPY-Previous Day candle closed Bullish. If we are looking for buys we will take on until resistance formed on 22nd may 08 and TP 2 30 may 08 daily resistance . - If we are looking for sells we take on until 22nd feb 2024 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 direction and 1 hour candle closes below/above order Block.by Mbugua-KeUpdated 2
EURJPY UPTRENDMy current analysis on EJ. As you can see we are still in this major bull run which started back in the December 2023. This chart tends to make very nice patterns on the daily chart. There is a huge supply and demand zone area between price 161.805 and 161.362. I would like to give you an insight on the price action around this area. As price enters that zone on the daily chart there are 2 things I mainly look for. The first will be if there are any major candles forming in the direction of the trend or are there any wicks rejecting price. If there is a bullish or bearish candle which closes within or past the zone then I would expect continuation of the trend or move. If there are any daily wicks rejecting the zone, at least two or three times then I would expect a heavy rejection and a nice move down as a counter trend, or as a continuation, At the moment price is reaching a monthly high at 163.725, I would like to see this high break and potential push to a new monthly high. However, we must also look for bearish indicators and rejections in price. Longby Mkforbes_fx1