Pair : EURJPY Position : LONG ( BUY ) Entry 2 : 168.650 STOP LOSS @ 168.350 TP 1 @ 168.950 TP 2 @ 169.250 TP 3 @ open ( Trailing SL )
Trailing stop on EUR/JPY after 3 days of profits .I am still on the trade as well the same on GBP/JPY and CHF/JPY both with the same fundamentals and chart patters. Hope BOJ dont intervene this week.
hi traders ..... In my opinion EURJPY can resume the bullish trend on 1H
Seeing that we have weakness in an area of interest, I'd play a pullback on this bullish trend I'd find entry near the red zone for best scenario, then find a TP at the next green area of interest, preferably a little before the area before possible consolidation happens Good Luck
Remember the supply zone we marked out yesterday? Well, price mitigated a fresh supply below the initial one and broke below 168.000 We anticipate price moves further with this new supply zone and target the swing low before with demand zone. THIS SUPPLY BROKE THROUGH DEMAND AND LEFT FVG+ BOS Goodluck 🤝
Based on what i was looking on usdjpy , I saw all the yen pair retracing as we reference UJ as a liquidity pair that set the direction of other pairs of yen. so we got into yen as explained on the weekend. hope everyone enjoyed the breakdown!! Thank you . please follow for more forex analysis
I expect to see price pump after that wild range. SL 167.030 TP 168.010 Make sure to apply proper risk management. Warning: trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose. You are advised to apply proper risk management while trading derivatives...!!! BR, Kings See my signature below...
According to : uptrend channel Convergence on CCI TP and SL is clearly showing
Like, comment and share with your peers! Hi Friends, Price was able to close outside our recent range (see 30 minutes time frame), so i'd expect that momentum to continue but not without multiple retest of this recent range. With that said, find the following focal points; Entry - 168.646 to 168.728 area Textbook SL 168.396 (means flexible - put SL as occasion...
EURJPY - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short EURJPY Entry Point - 168.43 Stop Loss - 169.50 Take Profit - 166.51 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
ive had a few trades in this great and easy to follow trend and all trades hit TP
And on the EURJPY currency pair...any close of the price above this area on a 4-hour scale, the price will continue to rise from it directly without returning to the correction with the trend line...but it is expected that the price will return to falling from the current resistance area because it is very important and strong on the scale. . Weekly and monthly....
The price of EURJPY will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️
The market created a qml a the bottom so it will have to come for internal structure before the long run upwards
A great opportunity to short after a break out and previous highs. Tight stop and good luck
- Looking in this zone to short - Retrace move back up has been long, and looks corrective - Hidden Bearish divergence on RSI - Zone of interest is 1.27% inverse of last drop, as well as short run (not reaching the 61.8%)
EUR/JPY Technical Analysis: - Current Pattern: Rising Wedge - Implication: Bearish (Potential Price Decline) - Expected Target: 0.382 Fibonacci Retracement Level
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