Our recent signal on this pair was 100 pips https://www.tradingview.com/chart/EURJPY/Z4ZOtfsS-EURJPY-100-pips-sell-signal/
Price has entered the excess zone near 156.48, a level where sellers have historically exhausted their momentum. Based on fair value principles, this is an area where buyers could step back in, bringing price back toward equilibrium.
🔍 Why I’m Buying Here:
✅ Excess Price Rejection – Price has moved outside the fair value range, indicating potential exhaustion of selling pressure.
✅ Mean Reversion to Fair Value – Expecting price to return toward the control price
🎯 Trade Plan:
📍 Entry: Around 156.48 (Excess Price Zone)
📍 TP 1: 157.75 (First reaction level)
📍 TP 2: 159.80 (Control Price Target)
If buyers step in as expected, we could see a move back toward the control price within the fair value range. Let’s see how this plays out! 🚀
Price has entered the excess zone near 156.48, a level where sellers have historically exhausted their momentum. Based on fair value principles, this is an area where buyers could step back in, bringing price back toward equilibrium.
🔍 Why I’m Buying Here:
✅ Excess Price Rejection – Price has moved outside the fair value range, indicating potential exhaustion of selling pressure.
✅ Mean Reversion to Fair Value – Expecting price to return toward the control price
🎯 Trade Plan:
📍 Entry: Around 156.48 (Excess Price Zone)
📍 TP 1: 157.75 (First reaction level)
📍 TP 2: 159.80 (Control Price Target)
If buyers step in as expected, we could see a move back toward the control price within the fair value range. Let’s see how this plays out! 🚀
Trade active
TP 1 smashed 🔥🔥🔥Trade closed: target reached
TP 1 profit was reached 
My free signals
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t.me/+pknBOliLTkI1Mjk5
Contact me
t.me/Eleazarahmath
x.com/Elitepipmaster
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
My free signals
t.me/+pknBOliLTkI1Mjk5
Contact me
t.me/Eleazarahmath
Twitter
x.com/Elitepipmaster
t.me/+pknBOliLTkI1Mjk5
Contact me
t.me/Eleazarahmath
x.com/Elitepipmaster
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.