Waiting for price to break out of the bull flag and to rip higher and form a double top. That's over 200 pips from here.
Title: EURJPY Short Opportunity - FVG Order Block Description: 📉 EURJPY Short Trade Setup - Potential Bearish Reversal at FVG Order Block 🔍 Technical Analysis: The EURJPY pair is currently approaching a significant area on the chart known as the FVG (Fresh Virginal Ground) Order Block. Historical price action suggests that this zone has acted as a strong...
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. EURJPY TREND-FOLLOWING📚 👉As we can see EURJPY is still overall bullish trading inside this channel from a long-term perspective. 📚 👉Moreover, we are interested, as the price will be approaching our lower rising trendline,...
Price cloud retrace towards our bullish order block and potentially reverse from here; we could see momentum pushing price upward towards our 1st resistance level. If price breaks below the bullish order block it could hit the 1st support at 159.685.
Price is rising towards our pivot point and from there price cloud react bearishly and fall towards our 1st support level.
EURJPY is trading in a bullish trend. After the price set a new higher high on a daily, it retraced to a key daily horizontal support. Test of structure made the pair start consolidating. The market started to coil within a narrow horizontal trading range. The resistance of the range was broken today. It is the important sigh of strength of the buyers. We...
Hi guys , Ive been trading the eurjpy as it has moved up from the lows in a nice channel. Currently the pair is at a nice level and looks like it could be forming a bullish pennant on the 15 min timeframe for a quick intraay trade. at the moment the pennant retraces 38.2 % of the pole and a double bottom is formed on the hourly so a move up seems likely.
Level - 160.311 Looks long Breakout + retest I expect a hike to 160.91
Similar to the trading idea I recently posted, I also observe a potential price pullback or a strong buying zone here, due to the high volume and the newly formed support. I plan to implement my strategy to trade this pullback.
I personally believe that the price, as indicated, will experience a pullback in the area of 159.650 because there we have significant support, which is highly likely to be tested again. Of course, it cannot be said how far the price will rise after the touch or after my entry, but I am very confident that a pullback will occur precisely there.
When examining the EUR/JPY chart, a clear support level at the price of 159.615 can be identified, which formed around January 15th. More recently, a support level was established around 160.786. However, this level has been breached and now serves as a resistance level for future price movements. The last interaction in this price range, observed in the 15-minute...
Watching out on this, Here is my idea 💡 or bias on EURJPY, looking to probably long.⚠️Word of Caution⚠️ setting the buy and sell position tools on my chart doesn't mean I opened a position already, it just a forecast,i don't just trade when price hits my levels, I've got rules of engagement. The most important thing of all is 🆘RISK MANAGEMENT🆘.
The SL was triggered @ 159.90 and we touched a low near 159.60 area. The weekly chart is positive as a note, and daily is negative, and currently negative 4-hourly. I feel we are going to move much higher in coming weeks, because weekly seems looking good for that scenario. We are protected now @ 159.50, and as long we do not trade below that, the pair should be...
An M pattern formed from 14th dec. 2023 to 2 Jan. 2024 indicating a continuous uptrend
Here you go another short opportunity has arrived for those wanting a quick look at what is going on in the #EURJPY world. This has only got small targets but we are expecting this will offer more like the last bull...
EJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it! I am waiting for at least a 50% retracement and price coming into the daily fair value gap (this is a must for my system!)- then we look for market structure shift on the hourly and attack! This is looking like a very yummy LONG! Follow and Stay tuned my...