Eurjpylong
EUR/JPY W/D/4H Analysis, Long Setup After Huge Bullish Closure ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURJPY, Clean price action.Hello Traders,
Looking on the HTF we can see that the price is approaching the lower boundary of bullish continuation structure which has already made multiple swing highs and swing lows. On the LTF, price is correctively moving within a developing descending channel. I will only be interested in taking this trade if we get a reversal impulse followed by a LTF continuation correction to show bullish momentum.
Trade Safe
Thanks.
EUR / JPY Long setup1. In daily demand with M15 choch and bullish divergence
2. On daily TF still bullish and between 0.618 and 0.764 fib level
3. In need of correction / retest
4. Wait for double bottem on LTF for entry or take entry of the M15 OB with or without M1 choch confirmation
5. Agressive SL 135.537 / conservative stop 135.000
Buy EURJPY | 1:15 Risk to Reward! InstitutionalRisk-To-Reward: +14.9
Buy EURJPY Now @ 138.150
Stop Loss: 137.800
Primary Take Profit: 142.200
Swing take Profit: 145.800
Use the Risk-to-Reward Visual Trade Levels For Risk Free Trading
***I personally am trading a 100k account so I focus on 10 total Pairs excluding Crypto daily, risking .25% per trade position aiming for anywhere from 1%-3% gain.***
I am an institutional style trader and I go with the order flow of the market noticing price action more than anything and technicals are always last because throughout my 7+ year trading career I learned many styles and lost a lot of money chasing profits instead of understanding the psychology of trading and emotional intelligence it takes to not trade, but to make consistent profits and not risk my own hard earned money. Hope you take the advice and follow my trade ideas for more I cant post everything but my will be posting them on various platforms for before and afters.
***CORRELATES WITH GBPJPY***
Eurjpy correction completeHi everyone in the Trading View community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:EURJPY
We can see market testing its trendline and in a correction phase.
So we are expecting more fall from its resistence TL.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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Bullish continuation EURJPY for the week of 11 JulyOn D1 I see a bullish trend that paused/halted and became a ranging market. Recent rejections show me that this pair may head up again, at least to the top of the range (143.90). The s/r zone I have drawn has held up so far and today we had a deeper penetration of the zone too. We also have a close above the zone with a pin bar candle. This gives me a bullish bias.
The H4 chart looks interesting although we are below the 50ema. The last 15 candles have been around the s/r zone, We had a swing low and then a lower low within the zone. If we see a higher low next, that would confirm my bullish bias and I would like to take a long.
We don’t have a clear uptrend, but this analysis does make sense to me. This could be treated as a range trade that may turn into a trend continuation.
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Always use sound money and risk management and stay patient in all your trades.