EUR/JPY carving out an M Top pattern - SHORT from 160.76EUR/JPY is in the process of possibly carving out an M-Top candlestick pattern at a level of historical resistance.
The neckline comes in at 160.74 which will be our entry.
We are looking for a 1:1 trade so our STOp is above the last high and our take profit comes in at 160.24 though this is below the 2090 EMA on H1 and its likely that if the trade does trigger then the 200 EMA may halt and BEARISH progress.
The trade will have to trigger within the next 15 H1 bars or the setup is nullified.
Eurjpyshort
EURGBP/EURJPY/EURAUD UPDATE! 2/6/2024Im going to attach my analysis from last night to this thread but mainly i was only anticipating these euro currency pairs to go short. they were all high probability set ups with multiple confulences. now ill be waiting for shorts to continue throughout the week holding these trades.
*eurgbp
* Eurjpy
* euraud
EURJPY/EURGBP/EURAUD SELLThe euro is showing multiple signs of bearish price action. my prediction is that most of the euro will be bearish for the rest of the week but these 3 currency pairs are all high probability trades for me. watch these bearish trades with me:) thanks for watching and watch my ideas and watch how accurate they all are.
*Eurgbp
* eurjpy
*euraud
SHORT
EUR/JPY Fully Closed +250 Pips 0 Drawdown , New Entry Valid !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 Day Analysis | Sell SetupHello Traders, here is the full analysis.
Tests resistance and the trend is down, Levels for SELL . GOOD LUCK! Great SELL opportunity EURJPY
I still did my best and this is the most likely count for me at the moment.
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How to Earn Money Online by Shorting JPY Pairs 🚀Sure, I can help you with that. Here is a possible rewrite of your post with more engaging language and emojis, and the key word "earn money online":
Title: How to Earn Money Online by Shorting JPY Pairs 🚀
👋Hey traders, are you looking for a hot tip to boost your profits? Well, you're in luck, because our AI screener has spotted a golden opportunity for you: JPYX is ready to soar like a rocket in the next few days! 🚀
📈JPYX D1 chart shows that it had a Displacement and ChoCh in the first week of December last year, which means it was overbought and due for a correction. And guess what? Last week, it bounced off the support level at 753 and formed another ICT Long setup around 750, where there was a FVG in November last year. This is a clear sign of weakness and exhaustion. 😵
📉We predict that JPYX will soon hit the resistance level at 767.2 and then fall back below 760.8, which is the Buy Zone of JPYX. This is the perfect time to short JPY pairs and earn money online with Swing trading. 💸
🔥But wait, there's more! Our AI screener also reveals that EURJPY, AUDJPY and GBPJPY are the weakest JPY pairs right now, with strong downward momentum. These are the best candidates for Short trading in both Swing and Daytrade strategies. Don't miss this chance to make some serious cash! 💰
⚠️Disclaimer: Trading forex is risky and you should only trade with money you can afford to lose. We are not responsible for any losses you may incur from following our signals. Always do your own research and analysis before placing any trades.
EURJPY - Short - FVG Order Block - SMCTitle: EURJPY Short Opportunity - FVG Order Block
Description:
📉 EURJPY Short Trade Setup - Potential Bearish Reversal at FVG Order Block
🔍 Technical Analysis:
The EURJPY pair is currently approaching a significant area on the chart known as the FVG (Fresh Virginal Ground) Order Block.
Historical price action suggests that this zone has acted as a strong support-turned-resistance level.
RSI (Relative Strength Index) is showing overbought conditions, indicating a potential exhaustion of bullish momentum.
📊 Trade Plan:
Entry Point: Consider shorting on a clear rejection or bearish candlestick pattern within the FVG Order Block.
Stop Loss: Set a stop loss above the recent swing high to manage risk.
Take Profit: Target potential support levels or previous swing lows.
🚨 Risk Management:
Ensure to use proper risk management, risking only a small percentage of your trading capital on this trade.
Stay informed about economic events that may impact the currency pair.
📈 Disclaimer:
This is not financial advice. Trading involves risk, and it's important to conduct your own analysis. Only trade with capital you can afford to lose. Always set stop-loss orders and manage your risk carefully.
👉 Note: Keep an eye on the charts for real-time price action and adjust your strategy accordingly.
Happy Trading! 🌐💹
EURJPY Trading Idea @patsedgeWhen examining the EUR/JPY chart, a clear support level at the price of 159.615 can be identified, which formed around January 15th. More recently, a support level was established around 160.786. However, this level has been breached and now serves as a resistance level for future price movements. The last interaction in this price range, observed in the 15-minute timeframe, ended with a narrow range, followed by a significant price drop. In the coming days, I anticipate a trend in the aforementioned price range, particularly at the point where the highest trading volume occurred. In my opinion, there's a high likelihood that the price will drop at this juncture.
#EURJPY
EUR/ JPY !! 25/1/2024 Trendline , touch EMA SELL NOW⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
The price is in a very nice downward trendline, along with touching the EMA, setting up a SELL signal
⭐️ SET UP EUR/ JPY PRICE:
🔥SELL zone: 160.800 - 160.950 SL 161.300
TP1: 160.510
TP2: 160.210
TP3: 159.820
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
EURJPY Short setupEURJPY looks heavy. It has broken down the main trendline, and i can see bearish divergence on H4 and H1 timeframe. Actually is stuck in a small range, and it looks like it's accumulating to perform an explosive move. 159.000 is a daily support, so i expect the price there as a target for a short
EUR/JPY +100 Pips , Clear Closure Mean Second Chance To Sell !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.
A Simple and Effective Short Day Trade Method to Earn Money FastAre you looking for a profitable trade in the forex market? You’ve come to the right place! We have done the hard work for you and found a great opportunity to sell EURJPY. According to our analysis, EURJPY is in an uptrend on the 4H and higher timeframes, but there is a chance for a reversal soon. The price has broken below the key level of 161.10, and we are expecting it to retest this level as resistance (see the Sell limit levels on the chart). If the price rejects this level, we can enter a short trade and target 160.52 as our first take profit. This would give us a nice profit of 58 pips. We have also marked the other take profit levels and the stop loss on the chart for your convenience. 💰💰💰
We hope this helps you make a smart decision. But don’t forget, trading is risky and you should always do your own due diligence before placing any trades. We wish you all the best! 🍀🍀🍀
EURJPY SHORT
The analysis of the pair suggests that the upward correction is close to completion and this week we can expect the continuation of the downward movement. All this means that it is time to cover longs and take short positions.
Recommendations.
1. Levels for short entry: 161.50; 163.40.
2. Target: 156.00
3. Pay attention to the size of swaps on short positions of your broker. On this pair, the swap can be strongly negative. In our case, the swap is 0.5 p., which is acceptable.
4. Now you need to be very careful with long positions and be sure to insure yourself with a stop order.
5. Take a closer look at the situation, as it is a shame to miss such an opportunity.
#EURJPY UpdateAfter not being able to move up to the specified area as mentioned in the previous analysis, it is currently in wave C due to the breakdown of the structure, which has continued to correct up to the 1.618 area. If an upward correction is made up to the failure zone, in the absence of a failure, a sell position can be entered up to the green zone.
Excellent Chance To Sell EUR/JPY To Get Easy 200 Pips !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.