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Eurjpyshort

EURJPY SELL OPPORTUNITYHello dear traders. Here my idea to EURJPY . we will expect short term bearish continuation to 135.80 level. Technical Outlook : EURJPY price breakout from the rising channel. So we expect bearish movement will continue to Fibonacci 0.5 level. Fundamental Outlook : Euro under pressure as the gas crisis. Volatility index up 13%. So we can expect fear of economic growth that will be cause to strengthen the yen. Traders, if you liked this idea or have your opinion on it, write in the comments. Please like and subscribe to my profile. Good luck to you. This idea does not provide the financial advice.
Short
by Smart_TraderSL
EURJPY Short continuationHi traders, As you have come to learn we are all for collecting easy money. Why go for complex signals that could go either way? Today we are looking to take advantage of the EURJPY bearish movement to support. I have my trend line at a key level using our blacksheep strategy. It is clear now that we are going to retest our support allowing us some profit on the weekly timeframe. Disclaimer NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
Short
by Mezzoforte_Privilege
EURJPY ShortAccording to the higher timeframes (D,W) the price has formed a rising channel, hence a major indicator of a potential bearish pattern, and the price touched the upper trendline, retested it and now formed a bearish confluence. The price touched a major support zone, bounced back up/ pullback, but the bearish confluence is still strong. The price might be rejected at zone 138.2 - 138.9, then it maybe a bearish movement. I predict that the bears will get an upperhand. My entry point is 138 with stoploss at 139, just above the market major zone. Entry - 138.0 Sl - 139.0 Tp1 - 137, Tp2 -136 , Tp3 - 135 R:R is 1:3. Remember, only risk 1 - 2% of the account.
Short
by Vapari_Inc
2
EURJPY SHORTAccording to the weekly timeframe, there has been formation of a rising channel, which is a major indicator that the price might have some bearish potential. The price touched the upper trendline twice, before retesting the zone again. The price bounced off, formed a new lower-low, then right now it is in the pullback zone. According to the chart pattern, I see that the price might have touched the higher low and we might see a significant drop from that. IF the daily candle forms a bearish candle either today or tomorrow, there might be a bearish rally that might follow after that. The entry will be determined by the lower timeframes (1H and 4H timeframe). The stop loss is placed slightly above the major market / resistance zone. Entry @ 141.1, SL @ 142.4 TP 1 @ 139.7, TP 2@ 138.3 and TP3 @ 136.9. Remember, risk only 1-2% of your account.
Short
by Vapari_Inc