EURJPY ANALYSIS - [History Repeats Itself] 13.01.20OANDA:EURJPY
My analysis of EURJPY coming into the week ahead.
History repeats itself!
EJ
EJ PLAY WITH PENGUINS TOO:) EURJPY 18/12/2019
Hello Traders!
We would like to show you a game...
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs.
Targets are marked on the chart as a crosshair.
Heart in the box - a place to jump in/out
Sign with exclamation mark - places to be aware of a few different types of reactions from this level
Target sign - the first target to focus on
Thunder sign - spot to react - possible jump to push into reversal
Penguin - expected direction
Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy.
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Thank you for your attention,
GOD BLESS U ALL!
EURJPY SHORT Triple top on EJ also looks to be forming a head and shoulders right now on a zone level where price has reacted before. I am in a sell entry to the bottom of the ascending channel, I am thinking more of a swing trade with this being roughly 182 pips however I will see how price reacts around the first ascending channel we are trading within.
EURJPY - SELL OPPORTUNITYLooking to SELL EURJPY in SELL AREA and to close position in TP AREAS. (30+ PIPS)
- Enter on price action, reversal candle
Trade Safe
EURJPY BUYWe see a probable buy on 4hr targeting the descending trend line. Buying pressure currently strong.
THE WAVE IS HERE!EURJPY
Setup: HNS
Confluence:
CRS
BRN
Price break neckline & retrace
Entry:
Sell limit @ 120.90, SL @ 121.40 (50 pips), TP @ 119.90 (100 pips)
EURJPY short. 100 pip targetKeeping it simple, we have a Bearish ABCD pattern completing at a level of resistance. if this current 4hr candle closes below 121.00 then I will be looking to short to at least 119.50.
EURJPY Long SwingH4 Fibs from institutional levels align w/ crossing swing trendlines as well as support (demand) zone.
GBPJPY - BUY OPPORTUNITYLooking to BUY GBPJPY in BUY AREAS and to close positions in TP AREAS. (30+ PIPS)
- Do not enter on strong bearish momentum through BUY AREA 1, Strictly looking for reversal signs
- Wait for reversal pattern
- Enter on price action in BUY AREAS, should price break through BUY AREA 1 with strong bearish break through to BUY AREA 2, enter BUY AREA 2 on signs of reversal as final call for long.
Trade Safe
EURJPY Plummet after PullbackEURJPY, a very bearish pair right now has descended longterm, and has recently pulled back from it's bearish trend towards a 3 time tested level of resistance on the Daily chart. I am now looking for a bearish trend continuation and expect EURJPY to plummet downwards in the week.
Double The StrengthI shared my analysis on EU & UJ, both can see their bullish momentum are picking up.
Also, there's a clear HNS can be seen.
Setup: HNS
Confluence:
CRS
BRN
Entry:
Buy @ 118, SL @ 117.20 (80 pips), TP @ 120.00 (200 pips)
TAYOR & Let me know what you think
