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 -...
Eurjpy Entry: 141.66 TP : 140.40 SL: 142.36 EUR/JPY analysis by market experts at Forex Market. Get ready for your trading day with our technical and fundamental analysis on EUR/JPY.
EJ Simple idea What do you think? I have a feeling we may break out of the trend and tp maybe smashed and I may move my tp lower. What do you think?
Head and Shoulders formation to take EUR/JPY to previous day lows.
Massive head a dn shoulders formation made on EJ, to complete fib retest into 130.000 before shorting into 126.500.
EURJPY needs some release, the market has created a swing high, and a swing low. the pair has come to retest the fib levels. Now the pair needs to create new lows.
SELL EXECUTION of EURJPY in SELL AREA 1 / SELL AREA 2, Looking to close position in TARGET AREAS (+30 PIPS) - TARGET AREA 1 - 30 PIPS - TARGET AREA 2 - 50 PIPS - TARGET AREA 3 (LONGTERM) - 140 PIPS (Price Area 125) Trade at your risk!!!
Nice sell set-up again. As you can see EJ loves selling from this price point. Previously caught. Price is rejecting a 4H TF level
EUR/JPY has formed a shooting star on the weekly timeframe. Follows a head and shoulders formation made over the last couple of months.
I see a long term H&S formation (currently on the right shoulder phase), I see a shoulder top being formed at 124.425 (Fib retest). Before we make the leg down into 122.400.
EUR/JPY has broken a respected trend line, I see a retest of the zone before we go to the previous weekly low of 123.266
Price broke through support on the 30m timeframe, as we retested the broken support we took a sell entry, price hit our target and we moved our stops to BE and let a runner run, the runner ran for 30 pips before we closed our trade as support formed on the 30m timeframe.
Looking to SELL EURJPY in SELL AREA and to close position in TP AREAS (+30 PIPS) Entry Criteria: - Execute on price action, reversal candle/ signs of exhaustion - Apply risk management according to your trading style Trade Safe
so 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...
EJ will have one last stab at liquidity region (fulfilling fib retracement) before fall.
WAITING FOR A CLEAR BREAKOUT , M FORMATION FORMING ON THE LOWER TIME FRAME.
Hey tradomaniacs, welcome to another free trade-plan . Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation. Market-Sell-Order: 116,300 Stop-Loss: 117,035 Target 1: 116,035 Target 2: 115,000 Target 3: 114,465 Stop-Loss: 73,5 pips Risk: 1% Risk-Reward: 2,60 LEAVE A LIKE AND A COMMENT - I appreciate...