This trading strategy is primarily anchored in the concept of the order bloc. At the 161.01 area, there exists a significant potential for price reversal, prompting a retest of the last price injection. I was stopped out on the initial trade idea. Moving forward, I'm presenting my second and final idea for the day. The market this week is particularly volatile due...
Hello traders, As i told you, that was the perfect time for the sell order. Did someone took the opportunity I am 😎
EURJPY looks for local support at 160.94, I would like to see price bounce off from here to 165.00
This 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.
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...
Currently retesting major level of support (double bottom) waiting for rejecting and confirmation before heading bullish
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.
With 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...
EUR/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 161.964 which is a pullback support that aligns with the 78.6% Fibonacci projection level. Stop loss is at 161.32 which is a level that lies underneath an overlap support that aligns with a confluence of Fibonacci levels i.e. the 38.2%...
Currently 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...
Dear 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...
A 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...
This is not financial advise PLEASE TRADE AT YOUR OWN RISK!
internal -> external. waiting for acceleration today - tomorrow to a high of 164.300.
As 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)
EUR/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...
#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 #forextips
-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...