Hello everyone ... Use good trade management only thing important in Trading is how you manage your trade... WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN COMMENT.. .. good luck..
Weekly fvg looks like it is being disrespected. Created a new Daily FVG. Expecting price take the high it created before pulling back into the daily fvg
Hello,Friends! The BB upper band is nearby so EUR-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 156.381. ✅LIKE AND COMMENT MY IDEAS✅
be carfull and remember our golden rule sl=1% balance
EURJPY could continue rising and break out of the buy entry and rise to take profit level. Buy entry is at 158.012 which is a pullback resistance. Stop loss is at 155.223 which is a level that sits below the wing-low support. Take profit is at 163.612 which is pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
I've been charting and trading Yen pairs throughout 2023, and it was most definitely a ride to remember! Stop losses hit, and taking wins, it was a battle that I most definitely triumphed. I was thinking that with all the long positions I took, YEN pairs would be making a turnaround. However, I believe the YEN INDEX is overall building strength, and I think we...
The EURJPY pair was trending quite steadily over the past year. After peaking in November 2023, there was a pretty sharp pullback in anticipation that we're exiting out of a high-rate environment. Those expectations seem quickly quashed as we enter 2024 and the upside breakout signifies further upside potential, especially as the upper range boundary continues to...
I want to see a retest of that resistance aerea and I will be looking for sells.
EURJPY get rejected by the resistance zone at the 158.500 level and closed red for the day. ----- I have a feeling it is going to break out the upcoming week and make new highs. ----- We might see some kind of small pullback before EURJPY blasts trough this zone. ----- Will be looking for long positions when this happens. ----- Let me know what you think!
At moment still play in ascending channel range not breakout yet. Need confirm wave (E) complete, if valid channel possible breakout and once breakout confirm will looking for short. This ascending channel is consolidation range create wave 4 before falling down make wave 5. But still need breakout for confirmation.
I need to see a 4h Close above daily resistance and a HH close on a smaller time frame to validate an entry to go long. However from a fundamental point I would prefer to go short as I think that has a higher probability. In order to look for the short I would be looking for a 4h close below the 38.2% and the blue zone
Weekly: 1. Bullish Market Structure 2. Bullish Candle Close 3. Bullish FIB 3/4 criteria Daily: - Double bottom + Natural M + Inv H&S - Clear switch of momentum - Clear S&D zone on shoulder 1 4H: - Waiting on confirmation to take the trade
eurjpy sell .. sell after the break under the resistance level ...
Daily BM + inv h&s (pattern in pattern) - Big or small pattern: small Weekly - Weekly fake out - Big impuls short -> correction long Market structure: + Last candle close: + FIB: + Zone: + 4/4 4H - pending
BEARISH INDICATIONS: .Divergence in RSI .Market price already break its last HL.
Eurjpy is building a chart pattern confluence with qml and 3drive we will wait for confirmation and take it in our community
I came back after a while, this journal writing helps a lot to take a position, and it raises the PNL, we have a beautiful position on the chart, which will be a bearish trend with the pin bar candle.