Weekly and daily price bars has not moved bullish at all (no top wick), and price seats currently on psychological level 170.000. There are chances that price has found support at that level. If so, then expect a bullish swing up to 171.000 in the coming hours or days. Confluences (A.K.A checklists) to look out for: ✅Price at psychological level? ❌Has there...
Factoring in some learning from my previous 2 trade signals, i have strong conviction that EJ might pullback to immediate past resistance(now support) to gather some liquidity before pushing up. Hence i'd recommend long positions for the pair. See details below Position Parameters; Entry BUY @ 169.500 - 169.223 Flex SL 169.060 Final TP 170.496 Note: i'd share...
Find my confluences below; ✅Price at psychological level? ✅Has there been a recent intraday range? ❌Do you see 30 mins or 1 hr price bar closure outside recent range? ✅Will position be in the direction of 4hr and Daily trend ? ✅Has nearby wicks to the lefthand side been identified and marked as potential problem area/TPx? Go long the moment the pending condition...
Like, comment and share with your peers! Am looking for buys on EURJPY between the range below. Find my confluences below; ✅Price at psychological level? ✅Has there been a recent intraday range? ✅Do you see 30 mins or 1 hr price bar closure outside recent range? ✅Will position be in the direction of 4hr and Daily trend ? ✅Has nearby wicks to the lefthand...
Like, comment and share with your peers! Hi Friends, Price was able to close outside our recent range (see 30 minutes time frame), so i'd expect that momentum to continue but not without multiple retest of this recent range. With that said, find the following focal points; Entry - 168.646 to 168.728 area Textbook SL 168.396 (means flexible - put SL as occasion...
BUY/LONG ZONE (GREEN): 161.550 - 166.700 DO NOT TRADE/DNT ZONE (WHITE): 159.750 - 161.550 SELL/SHORT ZONE (RED): 155.710 - 159.750 Monthly: Bullish Weekly: Bullish Daily: Bullish 4H: Bullish Previous bearish trend has been labeled along with the DNT area and the initial bullish zone that price broke into to flip the trend. Currently price is onto the next...
Have a trade floating open on EJ currently I'd like to explain why I took this trade I have 5 questions I needed to get answered, they are as follows Question 1 - Is EURJPY in momentum (bullish or bearish)? Question 2 - Who is interested (at this time)? Question 3 - Where are their stop losses? Question 4 - Have those stop losses been taken out? Question 5 -...
overall directional bias for EJ on bigger TF is long but for now I'm just waiting to see how price would react to 142.930 which is area of support. Overall, I'm eyeing on rebound and areas which are highlighted.
Hi Traders, The top trend line of the parallel channel had been tested multiple times. Expecting price to break above reaching 145.9. Target price: 145.9 Thank you. Trade Safe
EJ was shorting for most of the week. I believe it ended the week by collecting enough liquidity which lead to the break in structure and a continue to the upside. This is a trade idea.
EURJPY on Friday session has successfully bounced again from significant support - together with 4H 200 moving average. Further bullish sign that we closed above 4H 50 as well. Expecting a pullback on lower timeframes then entering a position targeting 147.800 then the 149.300 range with significant resistance.
Looking to BUY EJ in BUY AREAS and targeting TP AREA for a potential 200PIP catch! Trade will be executed on signs of reversal. DO not execute BUYS if price breaks through buy area 2 with strong bearish momentum Trade Safe
Entry on 1h, 30m gave a nice confirmation Candle. Trend: Bullish Price Rejection on Support
Possible EJ long from here, look out for market areas. Trade with caution.
Hello Traders!! I have analyzed EURJPY and this is my opinion -My technical analysis indicates a possible bullish setup -The risk to reward on this trade is 1:2 -It is closely related with GBPJPY which is currently BULLISH ⚡️Exercise Good risk management⚡️ ⚡️Split your position so you can take partials as the move progresses⚡️ ⚡️Updates will be added on this...
I forcast EJ to push higher now that we have broken the bearish channel. This was also confirmed with divergence. We could still see EJ make a final push lower before heading up so keep this in mind. My idea will be invalidated if price breaks below my trendline and heads lower on HTF
Am in this trade already. my target is below 50% fib retracement. My risk appetite is weak since BTCUSD crumbled some chunk of my weekend profits. Market decides. Wish me luck!!