Eurjpyshort
Eurjpy we are going downThe area for possible shorts is also a 61.8 fib retracement. Picture explains everything. We have a nice rejection (on trendnline as well) on the last weekly candle too and bearish engulfing on the daily. We need to retrace to 130.500 to find support. New downtrend structure on 1H - 4H
EURJPY Potential Short swing into 131.000Seems like it is going to make its weekly higher low.
Here are the Confluences;
a. 4H/1H Lower low
b. Head and shoulder pattern
c. 1H Trendline
d. Structural Zone
e. Previous weekly closure doji candle
Main Take-profit target is 131.000 Major psychological level which might also hold a liquidity due to consolidation that happened in that level.
EURJPY , Its time to sell Hello everybody
In this chart , we have zone that support price to go up and now this zone changed to resistance and pullback to it and now its time to sell
Another reason for take this sell position is the key
( Key : its the zone that can change the trend )
We are only positioning that follow the trend , the trend is downward and now we are only selling because of the trend change and have pullback , its time to sell
Dont forget stop loss and save profit and risk free your position
Good Luck
Abtin
EURJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURJPY A Great Selling Opportunity 🤨👌Trade Proposal:
There is a probability of first tp to the proposed ( 132.600 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
EURJPY is in Downtrend and It is Expected to Continue Downtrend.
EUR/JPY: PRICE WILL CONTINUE TO GROW ? SHORT SETUP 🔔Welcome back Traders, Investors, and Community!
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EURJPY - Daily - ShortA very power Major SR from many weeks ago ( about Oct 1,2018 and Mar 23, 2018), makes a good resistance line which is caused a trading zone. Its the second time that price tests the zone and fall again. According to H4 doji candle, It is a good opportunity for short Position. SL is a few pips above the zone and target is about 128.
On the other hand, Japanese Index (JXY) encountered its lowest price from weeks ago and it must recover.
Dont forget correct risk management.
Regards
EUR JPY Short OpportunityHello Friends!
In H1 graph you notice that market has started depletion phase ... candle sizes are getting smaller. This is the first indication of break in BUY momentum. So try to find a possible SELL opportunity as soon as you get any prominent price action.
Sell Setup:
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Sell around : $132.30
Take Profit around : $131.80
Stop Loss : Whichever you think better
Good Luck!
Happy trading
EUR/JPY: BUTTERFLY PATTERN | SELL LIMIT SETUP | SHORTWelcome back Traders, Investors, and Community!
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Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
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Have a Good Day Trading !