price reaches a monthly,weekly and daily supply zone and it could be a time to short it since stop lose is limited,about 100 pips comparing to take profit more than 300 pips.Ratio is 3:1 lets see how price reactions from price 132.815
The price is above a strong weekly support, with it inside a ascending channel we wait for a pullback until a dynamic support and horizontal support and facing 0.61 Fibo then a strong buying
what's up family, I'm very bearish on the longer time frames, I'm going to be buying it up here And looking closely for sells once we get the retest of the higher time frame breakdown!! Disclaimer - information shared is for educational and demo purposes only!!
Hi, Since last week I've made good points on US/CAD/OIL Market. I will be looking on a different zone. I've study EXY and JPX , The past days, and the trend of the EURJPY makes sense imho. I will enter a tiny position to get my FOMO out. and will be updating on re entries during the week if I aint wrong. This is not a entry advice or a trade advice but just...
Hey traders, Here is our analysis on EURJPY The level where the price is trading right now is peculiar and the price will most likely retrace from that. Please, leave a comment and support us with like. ❤️ Please, support our work with like & comment! ❤️
Friday market had shown signs of an undecided direction between buyers and sellers 4 Hour charts suggests a rejection at this point with a possible pull back for sellers as far as direction goes, there is no real confirmation of either direction at the moment, except to keep in mind the buyers side of things have been dominant until the buy side loses strength,...
Bearish Divergence EURJPY lets counter trend signal bearish divergence very low risk and high reward
as you can see eurjpy was trending up and has managed to reach a higher price point so i think eurjpy is about to revelse and move on the down trend.
EURJPY has been respecting the supply zone it formed on the 1hr tf. My bias for this pair is that I am expecting it to continue with its short term pull back until the 45min/1hr demand zone where depending on how price reacts I will be looking to take on long positions back to the upside. There is also a 15min OrderBlock right below the 45min/1hr demand, however,...
Reason: 1) Fibo Retrace Zone. So, Use Sell Limit. This is just a trade idea, not a confirmed signal.
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Market is Completely Unpredictable Because of The War, So Trade With Caution Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or...
Iv been waiting for a break out or any sign of a reversal and im going with a SELL with a tight SL
Price in the final wave up...wait to break lower channeling to go short...
The reason for short is it's back at supply with BMS/MSB so we can short here EURJPY
eurjpy possible gains eurjpy possible gains eurjpy possible gains eurjpy possible gains
Price today was pulling back on the 4h tf uptrend, providing short daytrade opportunities on lower timeframes. Now after making the lows at 133,70 price has broken structure to the upside and a new long opportunity may present itself. Entry at 15min demand zone 133,995 and stop just below that same demand zone. Targeting 1:5 RR at 135.00 level.
Possible upward movement of the pair. Price is currently in what I consider to be a bullish continuation ABC pattern, indicated by the already significant development of the Squeeze Momentum, in trading zones with significant volume and with absorption or rejection zones on the bottom of the price. I enter one hour operations since in 4 hours there are no entries....
following back on this uptrend from yesterday, short sellers had a very difficult time to contend against the buy side of things what we are seeing at the moment is a pullback at the moment, retrace to the 38.2, which has been known for more aggressive buy side and continuation no signs of a divergence to suggest any reversal at the moment, trendline is still...