EURJPY - SWING - 02. MAR. 2021Welcome to our weekly trade setup ( EURJPY )!
-
1 HOUR
Bullish reaction and closure above main sr level.
4 HOUR
Expecting another upside push.
DAILY
Overall bullish market in a pullback, good long entries!
-
FOREX SWING
BUY EURJPY
ENTRY LEVEL @ 128.500
SL @ 127.640
TP @ 129.690
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Eur-jpy
EURJPY moving up 🦐EURJPY after the break above the resistance structure created a nice bullish impulse.
The price is moving inside an ascending channel and according to Plancton's strategy if the conditions will be satisfied we can set a nice long order.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Feb 23
Comment:
EUR/JPY Expected pattern for the coming weeksI'd expect EUR/JPY to move in a similar faction as shown on the chart. Rigth now EUR is still weak, although this is only a correction. At some point the uptrend will most likely continue and on this chart you have an idea as to when could be an ideal time.
EURJPY triangleWe are on an upward trend in almost all periods at EURJPY.
On H1, the price forms lower peaks and higher bottoms - a figure known as a triangle.
We already have a break of the resistance and we expect the upward movement to continue.
The resistance levels are:
128.52
128.87
129.25
The triangle breaks if we see a break under the previous bottom!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
EURJPY: The price is BREAKING the TRIANGLE!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
EUR/JPY
⚪ Technical Analysis :
On the 16th of February 2021, the price got a strong rejection on the level at about 128.460, and since that moment, it has been creating an interesting symmetrical triangle pattern, few rejections on its dynamic lines are a confirmation of the validity of this pattern.
Also the EMA 200 is definitely working well, rejecting the price on every attempt to break through that.
Moreover, in the daily perspective, the RSI with 20 period is slowly increasing its value.
🔴 Conclusion :
The market is definitely bullish, the symmetrical triangle pattern could definitely be only a temporary consolidation before a trend continuation.
I'm confident then, to see the price growing more breaking the pattern and reaching the resistance level at about 128.600/12.800.
I'll be waiting for a bullish breakout of the triangle and the S/R zone at about 128.000 before planning my long position on this trade.
Right now, my hypothetical entry point would the level 128.100, just above the dynamic resistance line;
The take profit would be at the level at about 128.890, as projection of the pattern and weekly resistance around that level.
The stop loss needs to be defined in a better way, I need to see the price action around the current level but at the moment, I placed it at the level at about 127.590, just below the main support and the last low created by the price.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
EURJPY for new recent highs 🦐EURJPY breaks above the resistance structure now turn support.
The market after a retest is moving again into a bullish scenario.
According to Plancton's strategy of the market will break above, we can set a nice long order.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EURJPY - SWING - 22. FEBR. 2021Welcome to our weekly trade setup ( EURJPY )!
-
1 HOUR
Bearish reaction and pressure.
4 HOUR
Overall bullish market structure about to turn.
DAILY
Expecting more downsite and pressure towards previous support.
-
FOREX SWING
SELL EURJPY
ENTRY LEVEL @ 128.010
SL @ 128.380
TP @ 127.320
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURJPY 4hour Analysis February, 21st, 2021EURJPY Long Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Price action has been extremely bullish and recently broke our weekly resistance at 127.400. From the current level we’re seeing structure form at our 38.2% fib level and testing new support. Ideally we want to see a strong bullish variation here to enter long on. Target higher toward our negative fib levels.
Trade scenario 2: For us to consider EJ bearish again we need to see a lower high below 127.400 with strong bearish setups. Look to target lower toward monthly support at 126.500
EURJPY for a retest of the support🦐EURJPY after our last analysis broke above the monthly resistance and now is retracing for a retest of it.
The price is moving over an ascending trendline and according to Plancton's strategy at the new sign of inversion, we can set a nice long order.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Feb 11
Comment: