EURJPY 4hour Analysis October 16th, 2022EURJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: All timeframes are back to bullish trends and price action is now right near a key zone, 144.000.
Going into this week it’s more likely that we will continue bullish and see price action break 144.000 and form a higher low above. Look to target toward 148.000 if this happens.
Trade scenario 2: If price action falls back through 144.000 look for strong rejection + bearish variations to confirm a new bearish trend.
EJ
EURJPY 4hour Analysis October 9th, 2022EURJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bearish
Trade scenario 1: EJ has been overall very bullish but here on the 4hour timeframe we’re looking more bearish, especially after the recent break of our 142.000 zone.
Going into this week we’re looking for the 4hour trend to continue bearish. We will look for short scenarios after a confirmed lower high forms below 142.000.
Look to target lower toward 140.000 support.
Trade scenario 2: For us to consider EJ bullish again we would first need to see a break back above our 142.000 zone with a higher low above.
EURJPY 4hour Analysis October 2nd, 2022EURJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We are generally bullish on EJ again but we are resting at key resistance right around 142.000.
If we break above 142.000 look for a higher low to enter long on and target higher toward 144.000.
Trade scenario 2: If EJ rejects from 142.000 look for clear bearish setups to enter short on and target lower toward 140.000.
EURJPY 4hour Analysis September 25th, 2022EURJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bearish
Trade scenario 1: EJ has been overall bullish for a while but recently we have been seeing a major down trend since rejecting our 144.000 zone.
If we are to continue bearish we ideally need to see a bit of consolidation with significant bearish variations to follow. Look to target toward lower support levels.
Trade scenario 2: If we are to consider EJ bullish again we would first need to see a break back above 140.000 with a higher low above.
EURJPY 4hour Analysis September 18th, 2022EURJPY Neutral Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1:We are still overall very bullish but we are currently forming a head and shoulders pattern near 144.000 resistance.
Going into this week we need to wait and see if the head and shoulders will complete or if price action will remain bullish.
Look for a break of 142.000 with a lower high below to enter short.
Trade scenario 2: If price action breaks above 144.000 look for a higher low above to consider long scenarios.
EURJPY 4hour Analysis September 11th, 2022EURJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: EJ is unshakeably bullish and is currently resting right near our 144.000 zone.
Going into this week we’re hoping for a reversal from 144.000 to form structure near 142.000.
If this happens look for a higher low with strong bullish setups to enter long on. Target back toward 144.000
Trade scenario 2: For us to consider EJ bearish again we would need to see a break below 142.000 with structure forming lower highs below.
EURJPY 4hour Analysis September 5th, 2022EURJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bullish
Trade scenario 1: We are looking more bullish lately but we can see price action is at major resistance around 140.000, a daily zone.
From here we’re looking for a break above 140.000 with a higher low above.
Trade scenario 2: For us to consider EJ bearish again on the 4hour timeframe we would need to see a sharp reversal and push below 139.000
Look for lower highs on the way down toward 137.000 if this happens.
EURJPY 4hour Analysis August 21st, 2022EURJPY Neutral Idea
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: We have been pretty bearish on EJ lately but price action seems to be struggling near our 137.000 zone at the moment.
From here we’re looking for reactions to determine what to do next. Ideally, price action reverses from 137.000 and starts heading lower with significant lower highs.
Trade scenario 2: For us to consider EJ bullish we would need to see a break above 137.000 with structure forming higher lows above. If price action pushes through it will also confirm an inverse head and shoulders pattern.
EURJPY 4hour Analysis August 14th, 2022EURJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: We are looking super bearish on EJ and we seem to have broken a key zone near 137.000
Look for strong bearish variations right now and look to enter short on confirmation below 137.000. Target lower toward key support levels.
Trade scenario 2: For us to consider EJ bullish again we would need to see a significant break of 137.000 with a higher low above.
EJ daily/4hr/1hr chart mark up for a sell positionMy analysis is that on the daily time frame i am looking for over all buys because its an uptrend. so for a swing move i will be looking for price to get into my sweet spot zone on the ( 0.5- 0.618) for a buy
however on the 4hr hour i can take an intraday position sell position since i see that price respected that channel i would re enter when price re touch my 10 ma for the sell to continue
and on the 1hr time and the 30min i would be waiting in the same thing to enter the trade.
EURJPY 4hour Analysis August 7th, 2022EURJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: Clearly bearish on EJ going into this week. Ideally we can find some structure and a continuation.
We are looking for price action to reject our 137.000 zone and start forming lower highs below. Look to enter on a significant lower high and target lower toward 133.000 support.
Trade scenario 2: For us to consider EJ more bullish we would need to see higher lows above 137.000 first.
EURJPY 4hour Analysis July 31st, 2022EURJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: We are looking bearish this week! We just saw a break of our 137.000 zone and now we’re looking to continue lower.
Ideally, price action rejects our 137.000 zone and forms clear structure we can enter short on. Look to target lower toward 133.000
Trade scenario 2: For us to consider EJ more bullish we need to see a break back above 137.000 with a higher low above.
EURJPY 4hour Analysis July 25th, 2022EURJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: EJ has been looking very bearish on the daily and 4hour timeframes and we’re looking to continue with that bearish trend.
Going into this week we’re looking for lower highs below 140.000. If we can spot a good example of rejection + a lower high we will consider short setups into our 137.000 support zone.
Trade scenario 2: For us to consider EJ bullish we first need to see a strong break of 140.000 resistance with key structure above.
EURJPY 4hour Analysis July 17th, 2022EURJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: Overall bearish on EJ but price action is resting at a critical zone.
From here we’re ideally looking for a strong reversal near 140.000 with bearish setups we can enter short on. Look to target lower toward key support levels.
Trade scenario 2: For us to consider EJ bullish we would first need to see a break of 140.000 with a higher low above. Look to target high toward key resistance levels.
EURJPY 4hour Analysis July 10th, 2022EURJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: We are now bearish on all major timeframes on EJ. This week we’ll be looking for bearish continuations.
Ideally, price action reverses closer to 140.000 and forms a 4hour lower high. If this happens we will look to enter short on strong bearish setups confirming the lower high.
Look to target lower toward major support levels.
Trade scenario 2: For us to consider EJ bullish again we would need to see a break above 140.000 with a significant higher low above.
EURJPY 4hour Analysis June 19th, 2022EURJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1:Looking bullish on EJ still and we are currently resting near our 141.500 resistance level.
From here we’re looking for higher lows above 141.500 to enter long on OR strong rejection setups off 140.000
Trade scenario 2: For us to consider EJ bearish again we would need to see structure below 140.000 in the form of a lower high.
EURJPY 4hour Analysis June 12th, 2022EURJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Looking very bullish on EJ still but we can see price action is pulling back to our 140.000 level.
From this level we’re looking for some sort of bullish reaction with strong setups to enter long on. Look to target higher toward 144.000 resistance if can spot a clear higher low above 140.000
Trade scenario 2: For us to consider EJ bearish we need to start seeing structure below 140.000 support.
EURJPY 4hour Analysis June 5th, 2022EURJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We are extremely bullish on EJ once again and we do have daily structure that formed near 134.300. This could be the rally to new highs & our -27% fib level.
This is a big if, so to be safe want to exclusively enter long scenarios on 4hour structure forming higher lows.
Trade scenario 2: For us to consider EJ bearish again we would need to see a break below 137.000 with lower highs below.
EURJPY 4hour Analysis May 30th, 2022EURJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We are now bullish on all timeframes on EJ. Price action is currently breaking 137.000 resistance and now we are waiting for new structure to confirm the break.
Look to enter long after the higher low is confirmed.
Trade scenario 2: For us to consider EJ bearish we need to see a break back below 137.000 with a significant lower high.
EURJPY 1hour Analysis May 22nd, 2022EURJPY Neutral Idea
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: Looking very bearish overall here on EJ as well but we are bouncing a bit between 135.500 and 134.500.
The most likely scenario is price action falling to 134.500 before we see any further reactions. Look for structure below 134.500 to continue shorting.
Trade scenario 2: For us to consider EJ bullish we need a higher low above 135.500 with strong bullish setups to enter long on.