EUR/JPY, we are heading to prior highs very soon.This pair looks very bullish after breakout of hourly downtrend and I am looking to go long here after breakout of pullback trendline after ABC correction wave is completed.
Eurjpyforecast
EURJPY BUY/LONG ANALYSIS!!!Once We see a clear retest and close above the @120.464, we will go long. This is because yesterdays daily bull candle closed just below the resistance, meaning that it is not yet a support. but there is still a-lot of bullish pressure, with a fantastic risk to reward ratio.
EURJPY DAILY TIMEFRAME!!! (LONG)Once We see a clear retest and close above the @120.464, we will go long. This will confirm strong bullish move to the upside. However Bulls are still evident and active. The weekly, monthly and daily all show bullish reversals to the upside. Buying momentum is also off the charts, so lets go long. This trade also holds a fantastic risk/reward ratio.
Price has also retraced and supported above the daily 50% Fib.
EURJPY ShortsPrice At Mini Resistance
Looking For Shorts Alternatively Price Might Break To The Upside
EURJPY Possible Sell/ShortGOLD BOX POSSIBLE ENTRY FOR SELL
1. Restest area of broken support
2. At the 38.2 (right rejection/continuation area)
3. Price could possible wick up into the 50% retracement (LOOK FOR RECECTION FIRST)
4. High confluence area
5. Divergence possibly happening on 4HR
I'll personally be looking for reversal candles/ rejection on 4HR around the trend line (38.2 -50.0 rejection.
EURJPY - BUY or SELL ?EURJPY
Full Analysis Description : We’re bullish on monthly momentum, we have also hit monthly resistance and made a pullback last week to previous support which is holding now. Currently, we are having a bullish move which can turn into a Lower High to continue going lower OR it holds within that area to continue to the upside.
At the moment, we wait on 4 Hour timeframe to see a clear picture for anticipating buy or sell trade opportunity.
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EUR/JPY, awesome opportunity for a Swing Short tradeEuro is weakening heavily and JPY is looking still very bullish. From technical perspective, this is great opportunity for seller to go in and start adding to short positions.
EURJPY potential for 300 pips move to the upsideOkay traders,
We have seen a recent push up on EURJPY pair and it has broken the trendline. The pair pulled back and retested the support already and showing bullish signs which suggest we might as well see another leg of bullish run and this time it should aim for the upper resistance level.
As there's plenty of pips we are talking about hence it is prudent to open 2/3 smallest lots and close each trade on 100 pips. (IE 1st trade close at 100 pips, 2nd trade close at 200 pips & 3rd one close at 300 pips to avoid disappointment. In Forex, thing always doen't play out the way we want but we can take advantages when thing fall in places.
Once it reaches 100 pips, the trader should move their stop loss to entry position to enjoy risk free trade.
Let me know your thoughts.
Trade safe and good luck.
EURJPY short for 220 pipsGood trade this. Price action pushed up to a major level with a bearish engulfing candle printed on the 4h chart. RSI also overbought position. We might see a double top but yes, it looks a good shorting opportunity.
Please have patience on this trade and there are plenty of pips.
Let me know your thoughts.
Trade safe and good luck.
EURJPYTime = 1H
– Structure = Downtrend
– Pattern = Head & Shoulders
– Tendency = Downtrend
** Await market for Neckline breakout
Time = D
– Structure = Downtrend
– Pattern = Downtrend channel
– Tendency = Downtrend
** Above Chart indicated with Heikin Ashi FOR CLEAR VISION
GOOD LUCK
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Disclaimer: Forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors.
EURGBP Sell now for great profits !!!Eurjpy had reached at strong resistance and now time to drop
with a small risk on retracement
we appreciate ur likes and comments
EUR/JPY price standing on resistance Let's take a look at one of last weeks biggest gainers. EUR/JPY did face some serious bulls last week. Breaking through resistance lines like there is no tomorrow. However, price again is at resistance line. This time on daily chart and we predict that this resistance area will hold as RSI and Stochastic shows price is extremely overbought. MACD indicate momentum is dropping and with this information absorbed we will wait for price to bounce of the resistance before entering any Short positions.
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Good luck !
EURJPY - Triagle & Flag Breakdown Re-test or a Fakeout???On the monthly timeframe FX:EURJPY is showing the restest from recent breakdowns.
However, one should wait for reversal.
EURJPY H4 SHORT PRICE ACTION FORECASTA countertrend trade, for a sell-stop entry after the formation of a tweezer top candle bars at a supply zone. Expecting a healthy correction with the Euro who has been in a clear rally since last week.
The setup allows a decent R:R | 1:3 with an S/L for 95 pips and target right at the support level.
EURJPYTime = D
– Structure = Uptrend
– Tendency = Uptrend
GOOD LUCK
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DISCLAIMER: This is NOT an Investment Signal, Trade at your Own Risk.
EURJPYprice nearing a strong key area. watch out for price action on this area and look for possible short entries for continuation of downtrend.
EUR/JPY: Sell on the break of the mini channelThe price reached an important descending trendline and showed signs of rejection. Wait for the price to break the mini channel on the 1-hour chart to enter a short position.
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EURJPY POSSIBLE SHORTS TO 115.000EURJPY SHORTS LOOKING GOOD IN THIS REGION IF WE CAN KEEP REJECTING AND SHOW BEARISH PRESSURE
