Hey Traders, in the coming week we are monitoring EURJPY for a selling opportunity around 156.500 zone, EURJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 156.500 support and resistance area. Trade safe, Joe.
Short and simple: OBV bottom and divergence, price showing signs of recovery. Decent RRR of 1.4:1. Happy Trading
Initiating a EUR/JPY sell, targeting 155.84501. The goal is to reach it by the end of the daily candle; if not, stay tuned for updates.
The EUR/JPY currency pair is in a bearish trend both technically and fundamentally. Technically, the price has been below moving averages and within a downward channel, recently breaking through a support level. Fundamentally, the pair has shown strong negative trades, breaking below the 155.40 level and reaching towards 153.85, with indicators suggesting...
EURJPY Bullish because of divergence and Double bottom.
After a test of a confluence zone based on a daily horizontal resistance and 318 retracement of the major bearish impulse, EURJPY dropped and violated a support line of a rising wedge pattern on an hourly time frame. It is an important bearish confirmation. We may see a bearish movement to 156.2 / 155.5 soon. ❤️Please, support my work with like, thank you!❤️
For the past 2 weeks EURJPY have been selling which have completed the theory of Charles Dow, on that note we are still going to have a bearish outlook. On a Daily bias, I discovered that the trend that occurred on Tuesday was just a failure swing, Wednesday swing went further to take out the previous high as a liquidity, and gave a BMS from Tuesday's low...
Price is could bounce off our buy entry at 153.831 a pullback support and rise to the take profit at 155.874, a pullback resistance level. Stop loss is at 152.326, which is a swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against...
According to Harmonic pattern Fibonacci retracment CCI Diverge,ce
We are at a key level on the 4H, with the lower timeframes consolidating and turning bearish.
Hello friends. Apparently, the pullback is also complete and we will probably reach at least the specified level. what is your opinion? Good luck # Let's look simply
TIMING: ASIA LEVEL: DAILY, BREAKOUT SETUP: REVERSAL (Broken Trendline + Double Bottom) ENTRY: MOMENTUM
This is a trade based on simple support and resistance. You can enter with a lower rr or when price makes a pullback
The EURJPY pair has been trading within a Channel Up pattern since the March 07 2022 Low and only last Thursday hit the 1D MA200 (orange trend-line) and is rebounding. At the same time the 1D RSI got oversold (below the 30.00) and is also rebounding. The last 1D MA200 rebound that turned into a Higher High for the Channel was on August 02 and peaked on the 1.382...
Hello traders and the entire tradingview community! EUR/JPY is currently in a squeeze. The squeeze is getting narrower, which means there will be a big movement very soon. Whether the move happens to the upside or downside depends on the price action around the 100-hour moving average. If you see a strong bullish candlestick that breaks above the 157.20 level,...
Price could react off our sell entry which is a swing high resistance level at 157.454 . Our take profit is at 154.668, a pullback support level. Stop loss is at 157.926, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against...
On daily Euro is weak against Yen and i am expecting the price continue it's trend after it's pullback phase
SHORT TERM BEARISH SETUP. Very low risk and high reward trade setup.