Hi Guys The Eur Jpy has had a nice move up and is nearing strong resistance which this bat has entry point at
In this video we can see that eurjpy pushed up past the previous highs and had a retest of 161.250 area and could continue this bullish move to the upside toward 162.500
So far I'm assuming this is a wxy move elliott wave. I'm shorting here target price 160.80 or hoping for a 158.40 entry to go long
The EUR/JPY pair on the M30 timeframe displays a potential buying opportunity due to a well-defined bullish channel pattern. This pattern suggests ongoing buying pressure and a higher likelihood of further advances in the coming minutes or hours. Key Points: Bullish Channel: The price has been trading within an upward-sloping channel characterized by two...
Hello Traders! This is my idea related to EURJPY M15. I expect a sell-off on the EURJPY, and a market correction on the JPY basket, that's why my bias will be for short entries. In the first phase, I expect the old highs to be taken before going bearish, it confirms, I will look for short entries. Traders, if you liked my idea or if you have a different vision...
Welcome back! Let me know your thoughts in the comments! ** EURJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
The depicted zones are critical for #USDJPY .The price can react to them and can be entered in long/short positions. Up to your entry type and risk management set TP/SL. Do not forget that you cannot succeed in this market without proper risk management.02/14/2024
1. Bullish structure (higher highs and higher lows) 2. Price is trading above the 50 SMA. 3. Strong break of resistance and retest as support. 4. 4h rejection and close. 5. 1h bullish engulfing.
Hello traders, its me again. This is my monthly analysis for the EUR/JPY The red rectangle is the area where im waiting for the price to come, and after i will open sell order.
In the first scenario (red line): we expect the price to increase and enter the position by activating the sell limit. Sell Entry:160.947 SL:161.328 TP:159.047 The second scenario is the (green line): In Fib POI we can look for buy positions
FX:EURJPY is recovering mainly on the background of the growing euro, which is reacting to the falling dollar. The currency pair has local resistance ahead. On D1 we see a weak uptrend, but, the bullish reaction in the market followed after the retest of the false breakdown of the 50-day moving average and this is quite a positive sign as the market is trying...
-Previous Day candle closed Bullish. If we are looking for buys we will take on until resistance formed on 8th Nov 23 daily bearish candle open and TP 2 support formed 22 nov 23. - If we are looking for sells we take on until 9th feb 24 daily resistance and TP 2 until support formed 12 feb 24. - Wait for 1 hour candle to close above or below zone. -We risk 3% of...
bearish bat pattern near potential reversal zone bearish divergence three black crows entry sell CMP 161.14 stoploss 161.86 tp1 160.55 tp2 159.75
EURJPY Buy - 4 hour time frame Wedge Pattern Formation Breakout completed and Trend Reversal also . Entry - 160.200 Target - 161.350 Thank you ..
In this video we predict that eurjpy could see more upside move following an aggressive bullish closure above resistance.
Hello Everyone, Anticipate resistance within the 160.841-162.711 range, while the overall projection continues to favor a bullish outlook. TradeWithTheTrend3344
EURJPY retraced from C point which is near to 0.382 level which is good sign. it has still not reached to Potential reversal zone.