Targetting -27.20 fib level after price closed above the previous bullish candle in both 4h and 1h chart due to fundamentals.
Looking good for a sell. HTF: Ascending channel LTF: Bearish Impulse and asending channel with a smaller ascending channeol ( Pattern in Pattern) and a potential double top Wait for break out and continuation correction to confirm the bearish trend
Buying from this demand zone targeting atleast 2% 163.4
Waiting for the market to drop to the demand OB zone. Set limit orders and wait for our POI. ARE YOU READY????
As we can see on EURJPY that it was respecting a trendline but even after forming a double bottom it failed to go up and created a head and shoulder pattern and breakout of the Head and Shoulder pattern has been done so we can plan short trade once we some sort of bearishness. Target - 161.600
Apply risk management, risk 2-3% of your trading account. I take trades based on Smart Money Concept (Institutional Trading) NEPS TRADING. if you wanna learn more. Comment below.
The EUR/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a triangle pattern. Key Points: Triangle Breakout: The price has been trading within a triangle pattern, characterized by converging trendlines. This pattern can be interpreted as a continuation of the prior trend or a potential reversal...
The pair has moved up nicely as expected, and now we are in a SELL area again. It appears we may see some turning lower, especially we are negative stochastic now. Strategy SELL @ 163.00-163.45 and take profit @ 161.17 and SL I suggest above 163.97.
EUR/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 162.649 which is a pullback support. Stop loss is at 162.200 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level. Take profit is at 163.720 which is a pullback resistance. High Risk...
As you. Can look clearly on EuRJPY is On bullish trend from big TF ...just gave a potential break on both resistance trendline and previous resistance level ...lastly it gave a potential candlestick pattern..wait for amother retest we'll meet at the finish line 💯💯💯
The first ABCD on the Pic starts the move from the 61% FIb retracement. Just noticing that Then after the EMAs cross up, take all ABCDs. Notice how important it is to have the confluence of a previous support. For sure easy to see after the fact, but such pictures should be part of your collection and prep work so you believe it works. One of the best...
Strong reaction at support trendline past resistant hopefully to the target
In the chart, we need to return the price to the range of 163.64 in order to enter into a sell trade, and if the price closes below this price, we can look for the opportunity to sell. We must always have a good reason for the trade, and the double top is one of the good trading patterns. .
EURJPY is on a bullish channel and it is ready to go from the bottom of the channel 4.71 R/R
As we can see that EURJPY is potentially forming a double bottom at the trendline with the confluence of 61.8 fib level if we some sort of bullish confirmation we can plan long entry. TP1 - 163.673 TP2 - 164
-Previous Day candle closed Bullish. If we are looking for buys we will take on until resistance formed on 18th Dec 07 daily bearish candle open. - If we are looking for sells we take on until 18th Sept 07 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...
EUR/JPY long" break of structure + 72%fib retracement align whit demand area"