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Eurjpyforecast

EJ August 23rd Analysis EJ has been failing to create new highs this past week, we're approaching a previous bullish key level. Price may attempt one more time to break 126.700, if this fails, we can expect selling pressure to come back into play. This market also has the potential to break and retest above 125.600 in an attempt to break 126.700. This market looks like it's forming a potential downtrend continuation on H1. Will wait to see how price reacts at these previous levels of structure.
by Richie242
EUR/JPY: swing SHORT TRADE setup and parameters 126.50 to 128.00 is SELL zone, in principal the overshoot is taken into consideration and is part of the plan 128.50 is strict STOP level I do expect certain kind of lower move anytime by Tuesday's close. when happens just lower the stop to lock some gains. closing some portion is also okay. of course there many more money management strategies that can be used to maximize the gains. but I approach this sharing to help beginners and also the professional ones as the quality of this trade plan is high grade. the target is clear and sort of minimal. of course, I repeat, there are many ways to increase rewards and decrease risks. but for now let us stay with the TRADE. feel free to contact me and we together may check ways to be focused to serve your individual trading needs/targets better. as always, good luck !
Short
by FlukeTrading
EURJPY H1 LONG PRICE ACTION FORECAST The bullish impulse on the Euro is showing across the board, expecting a pullback to retest the broken ascending trendline from a higher domain in D1 to further uptrend continuation. The pullback level for entry is also aligned with the golden Fib level 6.18, where a buy limit could be placed with a TP at a previous support level working now as resistance. The order: Type: buy-limit S/L: 51 pips - R:R | 1:4 - T/P: resistance level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
Uptrend continuation expected, buy the dipsEURJPY market structure remains Bullish and price is above the 100H EMA. So, a continuation of the uptrend is expected. I would be looking to buy the dips near 124.30-124.65 with SL below 124 and TP at 126. Watch the area that I have highlighted in my chart. Buying here carries the lowest risk because your TP would be big and the SL would be small. Watch for bullish price action near this highlighted area and buy with the above targets.
Long
by YourLazyTrader
2