Trade idea - EURJPY Long1H
Corrective approach towards entry zone.
Price moving towards entry zone in Descending channel.
= Instant market execution Buy.
1% risk.
Aiming to take full profit at Daily TP.
EURJPY trade ideas
EURJPYLONG BUYS on the EURJPY market as it broke our Supporting Trendline came back as its busy re-test our OB or probably our Demand Area.
SELL EURJPYthis pair is in an overall downtrend and going to a 1-hour time frame to look for an entry. I can see a sweep of liquidity. After the sweep, I can also see a structural liquidity form and the price started returning to the order block that swept the liquidity. I also used my volume profile tool to confirm heavy orders placed there.
EUR/JPY : Ranging with Bullish Potential
The EUR/JPY pair is currently trading within an ascending channel, supported by the 200-period and 50-period EMAs. The price recently bounced off the lower trendline, maintaining a bullish outlook for now.
Key Levels to Watch:
Resistance: The price is approaching a key resistance at 163.538. A breakout above this level could signal the continuation of the bullish trend.
Support: Support lies at the lower trendline and the 160.134 level. A break below these could indicate a bearish reversal.
RSI Insight: The RSI suggests a potential overbought condition, hinting at a possible short-term correction. However, a pullback followed by another rally could offer a strong buy signal.
As long as EUR/JPY remains within the ascending channel and above the key EMAs, the outlook stays bullish. Traders should watch for a breakout above 163.538 for confirmation of further upward momentum or look for buy opportunities on pullbacks to support levels.
EURJPY Bullish Breakout!EUR-JPY is trading in an
Uptrend and the price
Broke out of the bullish
Wedge pattern and the
Breakout is confirmed
So we bullish biased
And we will be expecting
A further move up !
EUR/JPY - 4hrs ( Buy Trade Target Range 400 PIP )Pair Name : EUR/JPY
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
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Key Technical / Direction ( Short )
Type : Mid Term Swing
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Bullish Break
162.500
Reasons
- Major turn level / W
- Fixed Range Hvn
- Patter Break
- w / D High
- Visible Range Lvn
- Fibo / Quarters area
Bearish Reversal
167.500
EUR/JPY For Bullishwait for correction wave to finish and then go long
- general trend is up trend
- price break current resistance at red arrow
- price will make correction near entry point then will be go long
have fun :)
EURJPY bearish continuation expected
EURJPY we are have strong bearish push, which is be based on BoJ rate cut which we are have before 2 weeks, when they are raise rates.
Here now on lower TF we can see DESCENDING pat created, this idea is based on TREND follow and still expect to see new higher bearish from here.
Currently price look like its make break, EUR technically with many look bearish and fundamentally tomorrow we will have strong EUR event (German GDP) where expect more weaknes on EUR.
TP1: 157.600 (300)
TP2: 156.100 (450)
EURJPY MONTHLY ANALYSIS In this video we see that the monthly had a sharp rejection of the 155.000 area of monthly support and still maintain the bullish structure for the overall trend and the weekly after falling for a while found a support and we could see a reversal or bullish move in the market for the coming month
EURJPYWe looking for selling opportunities as the market is still inside the bearish trend and still respecting the downtrending resistance resulting to selling opportunities| 1H TIMEFRAME
EURJPY bullish expectations till 170.000I am bullish for EURJPY till price gets around 165.000 to 170.000 zones before bearishness steps in.
I need to see price reactions on the following zones for buy:
1st : 161.300
2nd : between 160.700-160.500
Targets
1st: 163.000
2nd: 165.000
3rd: 170.000
EURJPY EXPECTATION BULLISH (PURE PRICE ACTION)I am bullish for EURJPY till price gets around 165.000 to 170.000 zones before bearishness steps in.
I need to see price reactions on the following zones for buy:
1st : 161.300
2nd : between 160.700-160.500
Targets
1st: 163.000
2nd: 165.000
3rd: 170.000
EUR-JPY Potential Long! Buy!
Hello,Traders!
EUR-JPY is already making
A bullish rebound from
The horizontal support
Level of 160.500 from
Where we will be
Expecting a further move up
Buy!
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Check out other forecasts below too!
EURJPY TRENDCHANGEEURJPY trend changed because the support level 160.500 was not broken, like i mentioned in my previous analysis to always wait for breakout confirmation before taking atrade. Now we have a trend change in which i expect it to get to 163.604 Resistance level. Have a Great weekend
Awaiting Bulls in Septemberlooking for a change of character in the 4h time frame and a pull back. then a continuation to the up side, bulls are entering the market gradually. a swing position on this pair should pay off in the long run. trade responsibly.
eurjpyeurjpy potential to go all out and take out the previous four hour highs within the swingstructure.
fingers crossed ...
EURJPY TRADE REVIEWA quick look into a trade on EURJPY and in this video i share the thought process that led me to a win and the what i was looking out for on the charts at the time.
HAVE A GOOD WEEKEND GUYS
EURJPY sellit is time to sell EURJPY . Price is rejected from the above supply zone and now we can take the retracement entry on EURJPY. 1:4 risk rewards on this trade. Good luck.
EURJPY Set To Grow! BUY!
My dear friends,
Please, find my technical outlook for EURJPY below:
The instrument tests an important psychological level 160.93
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 162.17
Recommended Stop Loss - 160.33
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
EURJPY(Short)Turtle soup Trading Strategy
The Turtle Soup strategy, however, flips the script, aiming to profit when those anticipated trend.Linda Raschke’s Turtle Soup strategy is a counter-trend trading approach that capitalizes on failed breakouts.
It takes inspiration from the famous Turtles trading experiment, where novices were trained on a trend-following system.
EUR/JPY For Bearishyou can go short now
or
wait for entry point and go short
- General Trend is Down
- EUR under pressure
have fun :)
