Eurjpytrade
eurjpy 4heurjpy after the breakout, these pair want to go for a retest of the old line. so we need to wait for a clear retest and good bearish pressure then we will enter the market.
EUR/JPY TO 132.400EURJPY retest of 129.400, to continue bullish movement into 132.400. Due to a fibonacci retest completion and targets are 131.240, 131.900 and finally 132.400 monthly level. Euro to appreciate due to breakout to the upside of wedge formation supported by weekly level of 118.3.
EURJPY Potential Sell?G'day Guys.
Here our EJ potential trade setup. Let me explain.
1. In bigger time-frames showing unhealthy market movement. Remember, every time we acting unhealthily we will receive another side effect that cause effecting our life. Same goes to market perspective.
As i always mentioned, Market is Human Behavior.
2. In hourly time-frames, am seeing that market looking for supply zone. Before continue bearish rally.
I suggest to read about
* Human Behavior & Markets Movement
* Policy & Markets Movement.
"The Books NOT in the Markets yet."
I believe you guys will understand how exactly market move.
EURJPY - DON'T MISS OUT!During this mark up, I will be providing you with a visual break down of my prediction of EURJPY ! Before you take a look at this mark up, please be sure to understand that everything is color coordinated to make it easier for you to understand my prediction and perspectives of the market.
BE SURE TO ZOOM IN AND ZOOM OUT TO SEE THE DIRECTION OF THE MARKET!! 😊
Listed below are the steps to my prediction…
1. Yellow Trend Line = Support and resistance mark up
2. Green Lines = represents the higher high and higher lows of the market
3. Blue = The kill zone. Where I am looking for price to make its move.
During my analysis for EURJPY , I went from the 1-hour chart to the 4-hour chart. During that time, I was able to identify a 3-bar reversal looking to go bearish. Starting from March 11th to March 16th on the 1-day chart is where I was able to identify this reversal. If you have any questions about my mark up, please be sure to leave comments below and I will answer your questions as quickly as possible.
Thank you for taking time to view my mark up!
EURJPY Gonna ShortEJ Gonna short, its create weekly bearish Butterfly with Hidden Bearish Divergence!
EURJPYButterfly pattern- reaching to the long-term trend line (12 years) and medium-term trend line-overbought RSI
Nevertheless, Sell if you see the signal
if u like our idea push like and support us
EURJPY short opportunity Looking at the 1 hour timeframe, EURJPY is currently ranging which we can capitalize on
We have a resistance level at 129.500 which has been tested multiple time and price hits and moves down to 128.800 at the support level
We currently have a bearish engulfing coming off at the 129.500 resistance level and can short it to 128.800
SL: 129.600
TP: 128.800
RR = 8.83
EURJPY - Slight PullbackThis pair had a fantastic bull run without any major pullbacks, at some point the price will have to pull back significantly to shake some of the buyers out of the market.
I believe price will pullback from here into the lower timeframe order blocks to fill the liquidity zone void.
Sentiment suggests the market is selling EJ hard so we must be cautious.
EURJPY - Diagonal PatternIn the weekly chart, the Triangle pattern is broken and the uptrend is almost being confirmed
(Weekly Chart )
In the daily chart, by completion of Wave 2 in the range of 114.39, the uptrend has started in Wave 3, price is currently in this wave of which the targets of the uptrend can be in the range of 133.
(Daily Chart )
In the 240-minute chart, the wave counting has shown that, corrective movement of wave 2 from sub-waves of wave 3 has been finished in the range of 38% Fibonacci ratio. The most important point is that the Diagonal pattern has been shown in the one-hour chart.
By crossing the price from the range of 128.66, this scenario will be confirmed.
2/27 - EUR/JPY Pair looking to continue uptrend in 20212/27 - EUR/JPY Pair looking to continue uptrend in 2021
1. Looking like 3rd wave of primary building.
2. Should see a little pullback here to 126 area for 4th wave of intermediate, then a continued assent to 132-133 area = next Fib ext and some price resistance.
3. Should see 5th wave to 200% Fib and price resistance at 137.5 in 2022.
EURJPY LONGHello everyone, if you like the idea, do not forget to support with a like and follow.
DISCLAIMER
________________
Forex trading and trading in other leveraged products involve a significant level of risk and are not suitable for all investors.
EUR/JPY Signal (H4 Timeframe) Looking BullishHi Traders
EUR/JPY Signal (H4 Timeframe)
A medium to high probability, entry to go LONG is forming @ 128.443 after the market found support @ 127.300. Only the downward break of 127.300 would cancel this bullish scenario.
Trade details:
Entry: 128.443
Stop loss: 127.300
Take profit 1: 129.117
Take profit 2: 130.260
Take profit 3: 132.123
Score: 9
Strategy: Bullish Breakout
EUR/JPY Retraced to SupportAs stated in my last analysis this has now retraced back to support after it broke through a major downward trendline. If this can reject this support and stay above the trendline we can long this. It has just made a sharp downward move so this could sharply rise again but the safest way to trade is to wait for the market to calm before entering a trade. MACD is well above 0 so its still bullish and we need to see EMA's stay long. If this stabilises at support then a target of 129.234 can be set.
EURJPY Sell SignalHey traders, here is the analysis for the EURJPY. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
EUR/JPY BreakoutAs previously reported on this pair this has now started to break above the resistance and trendline. This a major trendline so this is a significant move that could possibly end up a false breakout but a trade can still be entered with the right conditions. I want to see this retrace and test the support and/or trendline before rebounding upwards again before entering a long. I am setting the initial target for take profit at 129.234 with SL below the support.
EurJpy- I expect a violent break to the upsideThe long term trend for eurjpy is clearly up and the pair is consolidating gains for over 2 months now.
If we ignore the false break of 126, the range is pretty tight, between 126 and 127.
Now the pair seems to press on resistance and I expect a strong break and acceleration
My target for long position is 130 and only a daily close under 125.50 would change my mind
EURJPY Price At ResistanceEURJPY price at the weekly resistance breakout above will send price higher
Wait for weekly candle to close above the price range we will have clear picture of the next move.
