Euro / Japanese Yen
Long
Updated

EURJPY Range Setup – Could We See a 100–200 Pip Push?

692
We’ve had two successful calls on EURJPY recently—each netting around 100 pips—and that’s not even counting our private setups.

https://www.tradingview.com/chart/EURJPY/iIG7zV19-EURJPY-bullish-set-up-100-pips/

Price is currently trading inside a familiar range, hovering around the triple-bottom area (bottoms 1, 2, and 3). I’m looking for a bounce toward 158.03 if buyers hold this zone.

🔍 Why I’m Watching This Trade:
✅ Range-Bound Action: Price has been revisiting the same support levels, suggesting a possible rebound.
✅ Triple-Bottom Area: Each time price hit this zone, buyers stepped in, hinting at bullish momentum.
✅ Short-Term Target: If buyers remain strong, I’m aiming for around 100–200 pips, reaching 158.03 or slightly higher.

⚡ Levels to Watch:

Support: ~155.00 (triple-bottom zone)
Resistance: ~158.03
If price can’t stay above the bottom support or breaks decisively below these levels, then sellers may push it further down. However, as long as it holds, I’m expecting a decent run to 158.03. Let’s see how this range plays out! 🚀
Trade closed: target reached
We've reached our 200 pips of profits target
Closing at 240 pips of profits 🔥🔥

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