eurjpy eurjpy is approaching my s/r zone (green). Waiting for price to either come there or approach my stop hunt zone (red).
EJ
eurjpy long than shorteurjpy has broken and retested the ltf grey zone and created a bullish engulfing which shows me buyers are in power. Waiting on the indecisive candles to either cause another breakout to the upside or to retest grey zone.
main bias for eurjpy is still short due to daily supply/4hr zone (green)
EURJPYWe had a nice rejection from the 50% fib region. I had a Buy limit set before I went to sleep during Asian session to catch EJ on a pullback and give me a good R:R. Woke up to in profits and moving to the upside nicely.
EURJPY long/short trade.EURJPY is now consolidating inside of daily supply (green) and stophunt zone (red). Price crated minor zones (grey) within the supply and I am waiting for a bounce off each zone until it breaks above and retests highest minor zone (grey).
Top Down Analysis at its bestMONTHLY TIMEFRAME
Price is currently trending down and now we can see some consolidation from last month and this one too.
A test of the 0.382 level on this fib has been achieved. The downward trend to continue
WEEKLY TIMEFRAME
An M-formation pattern is to complete here and more confluence to go for downward movement.
DAILY TIMEFRAME
Price has touched and is currently retesting 123.983 resistance level.
EURJPY shortprice reached and broke green zone (support resistance/supply demand) and it went straight to the highest high which was stop hunt zone cause I know there is pending orders at that level.
EUR/JPY WEEKLY OUTLOOK.At this moment in time, I am looking for sells simply because the setups look kinda thicc.
However, I will not be surprised if price moves higher to conform to monthly resistance.
EUR/JPY PLAYS OUT AS PLANNEDTOOK TRADE PURELY BASED ON PRICE ACTION.
SIMPLE BREAK OF STRUCTURE AND TARGETS AT NEXT SIGNIFICANT LEVEL.
SEE PREVIOUS POST TO SEE WHAT I PLANNED BEFORE TRADE WAS TAKEN.
eurjpy shortwaiting for eujpy to reach supply/resistance zone preferably coming to any black ray lines because price dropped from these zones.
EURJPY SHORTwait for clear indications of Sell if we see another rejection of 0.618 we may open a short position.
EURJPY Updateso my thoughts on EURJPY it retraced its way back to the resistance level, and looking back it has touched that level like four times, seems like a pretty strong level to break.
uhm the way it has retraced to the resistance level i'll be expecting a really strong movement on the down side, trust your insticts right?
Have a profitable Tuesday.
drop your thoughts down on the comment section, thanks
EURJPY On A Bullish Trendwe should expect the pair to be on a bullish trend but we should expect a little noise on the 50% level, and a little retracement before it continues to the upside.
Those are my thoughts, please leave your thoughts down at the comment section.
Y'all have a profitable week
ej is mooning toodon't think for a second that its too late to hop in this uptrend
by the way 50 sma, another trading holy grail
EURJPY - BUY OPPORTUNITYEURJPY BUY POSITION - Targeting TP AREAS (30+ PIPS)
- Enter on price action
- Apply appropriate risk management
Trade Safe
EUR/JPY SHORT OPPORTUNITY (4 HOURS):EJ will have one last stab at liquidity region (fulfilling fib retracement) before fall.
EURJPY LONG from Monthly Zone Yo Folks!
EURJPY LONG IDEA
-IMPORTANT-
We Trade with the MAJOR BULLISH TREND .
1- Weekly Zone represent strong DEMAND ZONE
2- Price BROKE MINIMUM of Monthly Zone which means 75% that price will come back to the Monthly Zone
Dont Forget to Follow Us on TV and TG!
