Eurjpysignal
EurJpy to rise to 132 resistance?EurJpy is in a clear uptrend for quite some time now and, from the beginning of the month the pair is consolidating gains just under 130 important figure.
In my opinion, this resistance will fall and EurJpy will rise to the next resistance at 132
That being said I will search for opportunities to enter long on dips around 129 support
A dive under 128 would negate this bullish scenario
EURJPY - Range TrapsThis range is getting ugly, orders will be loading up buy & sell-side. I assume the price will want to come down to a previous order block before it considers reversing into the previous high point. Money distribution will be highly likely on the pair, expect moves both ways.
EUR/JPY approaching potential reversal zone.Overview - EUR/JPY is in an uptrend for a long time now. But, price is finding
a lot of resistance at the 130.50 area. Despite that, reversal is elusive so far. Let us analyze
and find a possible sell entry for EUR/JPY sellers.
Analysis - From the chart, you can see that EJ has not been able to break the
130.50 barrier for the last 7-8 days. So, a reversal might happen soon. The area between
130.40 to 131 is the PRZ where we can execute sell trades if there is bearish price action.
Probable trade set-up - Based on this, if there is bearish candlestick formation
in the PRZ, sell entries between 130.40 to 131 with SL above the PRZ and TP at 128.25 is a
possible sell signal.
Disclaimer - This is simply an analysis and not a trade recommendation. The trades will be
executed only if it meets the required criteria.
EURJPY "potentially" forming false trnedline breakout....Alright so, you'll see I have two red zones drawn, I am bullish on this pair but I'm not sold on the idea it is ready to pump 150+ pips upwards yet.
This is a riskier sell potential so it's best to wait for the confirmations.
Right now a position is being built at 130.20.
The question is...is this position going to be truly bullish or is it a manipulation move to entice people long? That I don't know yet.
I look for trap/manipulation setups so i'm analyzing based on what I'd like to see.
I'd like to see price break the tiny bearish trendline, and spike above atleast one of the swing points within the trendline, best case scenario is we break just above march's high.
If price breaks above one of those, and we get a BULLISH engulfing, that gets reversed on, I will start looking for shorts to 129.20
That will confirm enough for me that they pulled liquidity above the march high, and we should see a sell off.
Just watching for now.
Let's Elevate,
-Gio
ABCD Pattern and buying setup on EURJPYABCD selling pattern is on progress we can buy and our target is the detected zone ..
EURJPY SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current 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.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
EURJPY - False StartWe usually see false starts to the trend at market open, this suggests to me that price may want to continue to the upside after luring in a substantial amount of sellers. I will be waiting for the price to wipe out the most recent support before I begin to consider some buys.
EURJPY Sell Trade Idea (MY View)Nice Trade Opportunity With This Pair:: SL 1$2 Indicated By Dotted Lines... SL On Chart...
EUR/JPY Trade set-up, sell the double topOverview - EUR/JPY has reversed from the double top at 130.60.
So, let us take a look at a possible sell entry which might play out in the next
few days.
Analysis - As you can see from the chart, 130.60 level is a resistance for EUR/JPY
which the bulls could not break previously. Price has reversed from the double top with bearish
candlestick formation.
Probable trade set-up - Based on the above analysis, selling EURJPY@130.15-130.60
with SL above 131 and TP at 128.20 is a good sell set-up.
Disclaimer - This is simply an analysis and not a trade recommendation. The trades will be
executed only if it meets the required criteria.
EURJPY Short Analysis Hey traders, here is the analysis for the EURJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
EURJPY SHORT TERM SELL, LONG TERM BUY ProjectionTechnical Analysis
1. Rising Wedge forming
2. Hit Level 1 of Fibonacci Expansion Level
3. Completion of a Flag Pattern Take Profit (Of the Flagpole breakout) on shorter timeframe smaller timeframes (Circled in WHITE)
4. Market is expected to break out of the trendline, hitting our Fibonacci Expansion Level of 1.618 which would push down the market to an area of confluence
5. Using the new Highest Point from the Fibonacci Expansion Level of 1.618 and Rising Wedge Peak, we would project the fall to the new Fibonacci Retracement Level
How I would approach this.
1. Sell to 127.150
2. Buy from 127.150 to 136.250
3. Sell from 136.250 to 124.270
