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
EURJPY Possible short positionHi Traders, Based on technical analysis, we can see divergence before price failing to break the resistance line at 163,300, by this we can confirm the price to be bearish. Place a sell or short position around 163.260, take profit at 163.030 and stop loss at 163.430. Thanks Happy tradingShortby AutomateForex3
DeGRAM | EURJPY break above the channelEURJPY is making higher highs and higher closes on the 4 hourly chart, indicating a bullish trend. The market broke and closed above the reaction zone, which is the support level. We expect a breakout of the level, a pullback to it, and then a continuation of the trend since the major trend is bullish. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Longby DeGRAM3311
Bearish PossibilitySeems Price is forming a DT. Price action and indicators both in my opinion confirm a swing to the downside. Shortby Kevins19877
EURJPY Sell IdeaWe see market Hitting a major High( Major resistance level), we looking for Sell setups like M, double tops in the lower Timeframes to make our entriesShortby Not_Your_Guru2214
EUR-JPY Local Short From Resistance! Sell! Hello,Traders! EUR-JPY went up again But will soon retest the Horizontal resistance level Of 163.766 from where We will be expecting A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals1123
EUR JPY LONG Looking for a break of structure with a 4h close above the blue line and a retest and a higher high close on the 30m to look for the long, failing that I would just be patient and wait for the pull back and rejection from the bottom of structure rather than going against the trend Longby garethwarnock443
EURJPY Bearish Momentum Expected short TradingEURJPY Bearish Momentum Expected based on bearish divegence formed at the Strong Resistance Level. I am projecting Good Bearish Momentum Shortlyby Trade_With_Sherry8
EURJPY Bearish Momentum ExpectedEURJPY Bearish Momentum Expected based on bearish divegence formed at the Strong Resistance Level. I am projecting Good Bearish Momentum Shortlyby Trade_With_Sherry3
EURJPY Bearish Momentum ExpectedEURJPY Bearish Momentum Expected based on bearish divegence formed at the Strong Resistance Level. I am projecting Good Bearish Momentum Shortlyby Trade_With_Sherry4
EURJPY BULLISH NOW EURJPY now bullish trend continues and we are looking 4h frame it will take longer and bullish candle will take easily reach our target So we can observe on EURJPY scenario to move to upside now Longby DvsTraderfirm0
EURJPY SHORT IDEAGood Day everyone, here is an idea for a Short opportunity! Price has reach EMA and we will expect the price will continue going down. Short now for a good 1 to 2 RR. so far we are at -1R(March) JAN (6R) FEB (1R)Shortby johnkanglim90Updated 2
EUR/JPY Day Trading Analysis 📋It's good to see a strong buying response around the price of 162.050 on EUR/JPY. There's a notable accumulation of contracts in this area, indicating strong interest from buyers. I believe that buyers who got in at this level will defend their positions. If the price returns to this area, strong buyers will likely push the market up again. The rejection of lower prices and the high volume of trades in this cluster are the main reasons for my decision to go long on this trade. Happy trading Daleby Trader_Dale4
EURJPY Go DOWN Fundamental Bank of Japan Board Member Hajime Takata said: The Japanese central bank should consider reforming its ultra-loose monetary policy, including exiting negative interest rates and controlling bond yields. Japan's chief currency diplomat, Masato Kanda, who was speaking on the sidelines of the G20 financial leaders' meeting in Sao Paulo, said: The Japanese government is monitoring the yen's movements in the exchange market with great sensitivity, and will take the necessary measures to support the local currency if necessary. In terms of fundamental analysis, we see the rise of the Japanese yen against the euro according to the chart Selling the euro against the yen starts from the resistance area 162.830 TO 163.400 AND 164.100 The Target in the Charts by HejaaaUpdated 225
EURJPY short ideaI think it will sell because JPY is expected to raise rates next month and the market is preparing for a stronger yen. this is also based on the structure where the downside volume is much much strongerShortby leartfx5
EURJPY SELL OPPORTUNITY Sell Opportunity but be careful of Liquidity at the top of the Resistance Lines by Trading_Made_Easyy5
EURJPYEURJPY is currently in a bullish trend. Price is forming a bullish flag pattern, indicating a potential continuation of the uptrend. The pair is finding support at the 50% Fibonacci retracement level, adding confluence to the bullish bias. What you guys think of this idea ?by JustTradeSignals5