As we continue the pullback into today, this may continue into the next day. Market sentiment is majority short Big trend is still bullish we are in a current pullback, may be possible to add more into your position as it moves in a channel, still awaiting more information as to where a bullish continuation may happen at the moment, expect more pullback until...
Seeing that we have weakness in an area of interest, I'd play a pullback on this bullish trend I'd find entry near the red zone for best scenario, then find a TP at the next green area of interest, preferably a little before the area before possible consolidation happens Good Luck
Pair : EURJPY Position : LONG ( BUY ) Entry 2 : 168.650 STOP LOSS @ 168.350 TP 1 @ 168.950 TP 2 @ 169.250 TP 3 @ open ( Trailing SL )
The market created a qml a the bottom so it will have to come for internal structure before the long run upwards
hi traders ..... In my opinion EURJPY can resume the bullish trend on 1H
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
I am waiting on EJ to break and close this resistance in the 1 hr to buy for next week.
Like, comment and share with your peers! Hi Friends, Price was able to close outside our recent range (see 30 minutes time frame), so i'd expect that momentum to continue but not without multiple retest of this recent range. With that said, find the following focal points; Entry - 168.646 to 168.728 area Textbook SL 168.396 (means flexible - put SL as occasion...
The price of EURJPY will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️
And on the EURJPY currency pair...any close of the price above this area on a 4-hour scale, the price will continue to rise from it directly without returning to the correction with the trend line...but it is expected that the price will return to falling from the current resistance area because it is very important and strong on the scale. . Weekly and monthly....
The market broke the trend line and left the orders it should come and collect before rally
A great opportunity to short after a break out and previous highs. Tight stop and good luck
Short Position Setup Expected on EURJPY Pair based on Bearish divergence expected at the Resistence level though Resistence zone is not that strong but still we can expected bearish trend to start. setting up SL with strong Risk management by taking small lot size will always best plan to take up and cherish. :) what are your thoughts on this analysis.?
Hello TradingView Family / Fellow Traders, EUJPY is currently approaching a massive supply zone marked in red. For the bears to take over again and start the next bearish impulse movement, a break below the last major low in gray is needed. Meanwhile, EURJPY would be bullish short-term and can still trade higher. 📚 Always follow your trading plan regarding...
According to : uptrend channel Convergence on CCI TP and SL is clearly showing
- Looking in this zone to short - Retrace move back up has been long, and looks corrective - Hidden Bearish divergence on RSI - Zone of interest is 1.27% inverse of last drop, as well as short run (not reaching the 61.8%)
The "bullish crab" pattern is a specific harmonic pattern utilized in technical analysis to identify potential trend reversals in financial markets. It's considered one of the more advanced patterns and is based on Fibonacci ratios and geometry. Here's an overview of its main characteristics: 1. **Initial Move (XA)**: The pattern starts with an initial move from...