EURJPY OCT Week 2 Hello guys - Peace be upon you.
We are waiting for heavy break out to take out some opportunity.
JPYEUR trade ideas
EURJPY- Sell on rallies (15 min and one hour trade set up)EURJPY pared most of its gains made on yen weakness. Intraday trend is weak as long as the resistance 163.50 holds.
Indicator (1-hour chart and 15 min chart )
CCI (50)- Bearish (both 15 min and 1-hour chart)
ADX- bearish (both 15-minute and 1-hour chart)
It is good to sell on rallies around 162.38-40 with SL around 163.50 for a TP of 160
Eurjpy analysisAn easy long position on EURJPY as we can see price bouncing off our order block and creating and a new trend
EurJpy Trade UpdateI posted an EJ set up and gave my game plan on the pair. I personally just shorted Ej for a potential 1:3rr. If you go to my previous Ej post you'll see my reasoning for shorting the pair. As long as price maintains the range and continues heading to the downside with bearish structures than we can expect price to continue crashing. We'll see how the set up plays out!
EurJpy Trade IdeaI'm personally looking to short EJ during London. I stated last week that there was a level I did not want to see price break above in order for me to go short on the pair. EJ seems to be respecting the range BUT price is bullish at the moment within the range so patience is gonna pay on this set up. I'll short the pair IF price retests and gives some type of bearish confirmation before shorting the pair. If price decides to remain bullish I'll wait on the bearish run its currently on to flip and then retest to confirm the overall direction. I'll be looking to target a 1:3rr for whichever set up plays out.
One more reminder about modernizing yourself Keep up with the times, and the times right now are fantasy level
Ai predicting the future of price action before it happens is more satisfying than watching any major sport
EurJpy Longterm - SellWith Japan starting its interest rate hike process and ECB entering a rate cut cycle, we expect a significant recovery in the Yen, which has reached historically low levels. After confirming the downward trend with the previous sharp decline and breaking the upward channel, we expect a move down to the 61.8% Fibonacci retracement level of the main upward trend.
Following the correction rise, the price has now both confirmed the downward movement and provided a selling opportunity for those who missed the previous peak.
To track price movements in the short term, you can check the analysis daily. We will keep you informed at key intermediate levels.
EUR/JPY "The Yuppy" Bank Money Heist Plan on Bullish SideHello My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist EUR/JPY "The Yuppy" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 1H timeframe
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
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EUR/JPY "The Yuppy" Bank Money Heist Plan on Bullish SideHola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist EUR/JPY "The Yuppy" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 4H timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
EUR-JPY Resistance Ahead! Sell!
Hello,Traders!
EUR-JPY keeps growing
But the pair is about to
Hit a horizontal resistance
Level of 163.869 from where
A local bearish correction
Is to be expected
Sell!
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Check out other forecasts below too!
EUR/JPY: Bullish trendline breakOn the daily chart, there is a clear break of a downtrend line with a confirmed weekly close above it - unlike during the liquidity grab where the price broke higher but then closed the week under the trendline.
This broken trendline and Friday’s low at 161 is now support. Should the price be able to break above the August peak, a next possible upside target is 167.5 (the 61.8% Fibonacci retracement of July-August drop.
But that’s just what we think, do you agree or disagree?
Send us a message and let us know
Happy Trading!
Jasper, WeTrade Market Analyst and Founder of Trading Writers.
EUR_JPY LOCAL SHORT|
✅USD_JPY is set to retest a
Strong resistance level above of 164.000
After trading in a local uptrend for some time
Which makes a bearish pullback a likely scenario
With the target being a local support below at 162.745
SHORT🔥
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EurJpy Trade IdeaEJ has been another pair to range beautifully between 162.9 and 155.5. Price ended the week with bullish structures closing above the range possibly giving us opportunities to go long for the new week. I won't be shorting the pair unless price can break below the last HL being 161. The 1hr time frame could pullback to 161 and respect the bullish structures OR break below for shorts so PATIENCE is gonna be key here!
EURJPY Trade Idea: Bullish Reversal SetupI am currently monitoring EURJPY for a bullish reversal with a potential move to the upside. The price action is forming a solid base around the key support level at 160.000, which has held strong in previous tests.
Key Support Level: 160.000
Trigger: A successful retest of the 160.000 support level will confirm this level holding, giving the pair a foundation for the next leg up.
If the price holds at 160.000, I anticipate the formation of a higher low, setting up for a rally toward the next major resistance at 167.500.
Trade Plan:
Entry: Upon a successful retest and bounce from the 160.000 support level.
Stop-Loss: Below 159.000, slightly beneath the key support level to allow room for price fluctuations.
Target: First target near 167.500, which corresponds to a major resistance and recent swing high.
This trade offers a favorable risk-to-reward ratio, and the potential for a significant upside move as the pair resumes its upward trend.
Eddy C | Swing Trader 📊
EUR/JPY IS BEARISHI am looking forward to execute a sell trade on EU since well there are lot of confirmations of change of characters.
Happy trading.
"EUR/JPY Buy Setup Awaiting Bullish TDI Confirmation"EUR/JPY has formed a perfect OLHC structure, indicating a potential buy setup. Buyers are expected to enter the market once we see a bullish TDI cross on the daily timeframe. Key confirmations include a bullish divergence and the OLHC structure on the daily chart. After the bullish TDI cross, the take profit target is set at 161.250 .
If you find this analysis helpful, please support it with a like, share, or comment.
EURJPY : WEEKLY UPDATEhi all
expecting a lower high as soon as the previous trade plan
good luck
**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal**
Thanks a lot for your support
EURJPYThis trade seeks to capture potential upside in EURJPY, anticipating bullish movement in the pair. With Entry, Take Profit, and Stop Loss levels clearly set, the strategy focuses on taking advantage of favorable market conditions. The setup is designed to benefit from continued strength, with a watchful eye on resistance levels that may impact the trend as the trade develops.
EURJPY FORECASTINGEURJPY Is looking more than awesome for today! The market is looking awesome guys let's keep an eye on it!
Sell EURJPYThe market rallied to a key daily level as outline on the chart and bounced back.
Since it boucned from that level there is a good chance the market might turn.
Took this trade lets see how it plays out.
EURJPY H1 Analysis 2024/10/03my trading system's four steps:
Step 1: 📈 Trend: Capture the market's momentum
Step 2: 📍 Position: Identify the trading location 🎯
Step 3: 💹 Sentiment: Interpret price behavior 📊
Step 4: 💹 Exit: Maximize profits 🏆
Once you can read the charts, you'll naturally understand the short-term signals they provide.
