Eurjpytrade
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 sell with OBHello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
EURJPY with OB view
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profit week guy
Do not miss this sell opportunity on EURJPY!Traders, as I stated earlier that we can expect EUR to do badly this week if it will not stand its ground to gain some weight.😂
EURJPY is currently at the resistance of June 2021 trendline. I expect price to drop from here. Sell opportunity can be taken right away with stop loss above the trendline.
Trade smart😁
EURJPY Dual-Direction AnalysisWait for confirmation on level 129.500 for buy/sell
Overall Reasoning:
- Level 129.500 has shown good reactions in the past (Scroll back to see)
Sell Reasoning
- Trend line was broken with a strong bullish push causing a S&D imbalance which is expected to be filled and retest trendline
- Overall trend is still bearish (Unless price rejects level 129.500 and moves higher)
- Wait for a break and retest of 129.500 level to sell.
Buy Reasoning:
- Price formed a long-term double bottom on level 128.000
- Broke previous lover high (Red), waiting on a retest.
- If price retest level 129.500 with bullish confirmation, look to go long. (Aggressive)
- Wait for a considerable retracement between 129.000-129.5000