market can go long if it makes above pattern we needs sellers to be faded
I have already shorted this pair and moved SL into Break Even.
- Possible bearish pullback price movement towards the support 131.000 within the next period.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURJPY SHORT at 146.8 pips profits and 53.8 pips Stop loss
HERE COME THE RETAIL TRADERS :) Possible M forming - What do you think?
Shorting EURJPY. In 1hr it has closed a very strong bearish candlestick.
Euro/Yen Japanese it's in this bullish trend. But it's important to combine it with fundamental analysis to know what happen in the European Union and Japan if you want to trade this Forex par when this market open up today at 4:00 p.m. U.S. Eastern Time. Now, technically, Euro it's bullish, but I want to enfocous more in H4 timeframe as we see a little...
- Possible bearish pullback price movement towards the support 129.00 within the next period.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Near-term USD/JPY movements will depend on how the Ukraine situation unfolds, but the widening divergence in monetary policy between Japan and the US will likely limit the risk of a strong JPY. Market attention on Japan's inflationary pressures is also on the rise. but i think it's not true anymore! japan now feel the inflation !
Prices broken a major level of resistance and it has also retested it and support with bulls coming in and a golden cross on the macd.
134.75 I still see some momentum left to the upside nice little R:R
EURJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: So EJ is also super bullish however we do see a very tight and steep 4hour channel. This is not ideal given how overextended the higher timeframe seems but the most likely scenario here is that price action actually pushes toward resistance around 137.000...
up trend multiple break of structures look for long opportunity at demnd zone
I think it’s touching 133.999 then buyers entry and that price reach to 134.600. Buyers are powerful!
EUR/JPY Has been a ranging market for the most part. Price has been ranging since May 2021. this range turned to be a bullish flag, and price was in an uptrend in the weekly. This gives us strong reason to long this market. We recently broke out of the daily trendline and should look for continuations to the upside. I expect price to retrace and respect previous...