GBP/USD: The Make-Or-Break Zone”GBP/USD is showing strong bullish momentum, pushing toward the key resistance zone between 1.33000–1.36000. However, a short-term correction may occur before the next leg higher.
Key Levels:
Support Zone: 1.27983
Resistance Zone (Target): 1.33000–1.36000
Invalidation Level of Bullish Trend: 1.22544
Bearish Scenario: If 1.22544 breaks, eyes on 1.13843
The structure supports bullish continuation unless price breaks below 1.22544. Stay patient and look for clean entries post-correction.
Eurjpy!
EUR/JPY "The Yuppy" Forex Bank Heist Plan (Scalping / Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
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Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the EUR/JPY "The Yuppy" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The heist is on! Wait for the MA breakout (163.000) then make your move - Bullish profits await!"
however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level.
📌I strongly advise you to set an alert on your chart so you can see when the breakout entry occurs.
Stop Loss 🛑:
Thief SL placed at the recent/swing low level Using the 30 mins timeframe (161.500) swing trade basis.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
🏴☠️Target 🎯: 166.000 (or) Escape Before the Target
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EUR/JPY "The Yuppy" Forex Market Heist Plan (Scalping / Day Trade) is currently experiencing a bullishness,., driven by several key factors.
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As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
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EUR/JPY – Bearish Setup with Elliott Wave AnalysisThis EUR/JPY daily chart shows an Elliott Wave analysis, suggesting a possible bearish continuation. The current wave structure indicates the pair is moving through the final phase of a five-wave impulsive sequence.
The market has completed three waves of a larger impulsive cycle, with Wave (4)
The price movement between Wave (2) and Wave (4) shows a pause or slowdown after going up. This means the buyers are losing strength, and the price may soon start to fall
If the price gets rejected near 162.900 , it could confirm further downside.
If it breaks below the 159.674 level, it may speed up the decline, with a possible target around 155.526 level.
EURJPY Is Going Up! Buy!
Here is our detailed technical review for EURJPY.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 161.112.
The above observations make me that the market will inevitably achieve 162.396 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EURJPY on the Edge of Collapse: Ready for the Drop? Hi Traders ! The price has formed a Head and Shoulders (H&S) pattern on the daily (1D) chart and is approaching the neckline. If it breaks this level with strong momentum, we could see a significant decline, targeting the 135.000 - 140.000 zone.
Key Levels:
✅ Confirmation: Clear break of the trendline.
❌ Stop-loss: Above the right shoulder 165.000.
🎯 Bearish target: 135.000 - 140.000.
We’ll wait for confirmation before taking action. Stay tuned!
Disclaimer: This is not financial advice. Do your own research before making any trading decisions.
EURJPY Double Top - Bearish Reversal Ahead Toward Target!🔍 Chart Analysis: Identifying the Double Top Pattern
The EURJPY (Euro/Japanese Yen) 1-hour chart shows a classic Double Top pattern, which is a strong bearish reversal formation. This pattern occurs when the price reaches a significant resistance level twice but fails to break above it, indicating a potential shift from bullish momentum to bearish control.
1️⃣ Top 1: The first peak formed as buyers pushed the price higher, but strong resistance forced a pullback.
2️⃣ Top 2: The price attempted to break the same resistance level again but failed, forming a second peak at approximately 164.165, confirming that sellers are overpowering buyers.
3️⃣ Neckline (Support Level): The critical support level around 160.000 acted as a trigger for the bearish move. Once this level broke, the double top pattern was confirmed.
📌 Key Levels and Market Structure
🔹 Resistance (164.165): The highest level where sellers dominated, preventing further upward movement.
🔹 Support/Neckline (160.000): This level acted as a crucial pivot. Once broken, it signaled a trend reversal.
🔹 Take Profit Levels:
TP1 – 159.036: This serves as the first profit target, aligning with a prior demand zone.
TP2 – 157.200: The full projected downside move based on the double top pattern.
🔹 Stop Loss (SL): Above 164.165, ensuring a risk-managed approach in case of trend invalidation.
📉 Trading Strategy: How to Trade This Setup?
1️⃣ Entry Confirmation:
The ideal entry was after the price broke the neckline at 160.000 and retested it as resistance.
A breakdown candle with high volume confirmed seller dominance.
2️⃣ Stop-Loss Placement:
A stop-loss above 164.165 provides room for price fluctuations while protecting against false breakouts.
3️⃣ Profit Targets:
TP1: 159.036, securing partial profits.
TP2: 157.200, completing the double top measured move.
📊 Market Psychology & Price Action Insights
The double top pattern reflects a shift in market sentiment from bullish to bearish.
The repeated rejection at 164.165 signals a lack of buying strength, increasing the probability of a downward move.
The breakdown of the 160.000 neckline confirms that sellers have taken control.
The price action also shows a lower-high formation, reinforcing bearish momentum.
✅ Conclusion: Bearish Bias Until 157.200
This setup strongly favors short positions, as long as the price stays below 162.500.
A break above 164.165 invalidates the bearish setup, signaling a potential reversal.
Until then, the market remains bearish, with TP1 & TP2 as achievable downside targets.
💬 What’s your outlook on EURJPY? Drop your analysis below! 👇
EURJPY: Will Start Growing! Here is Why:
Balance of buyers and sellers on the EURJPY pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EURJPYHello Traders! 👋
What are your thoughts on EURJPY?
This pair is currently trading below a key resistance zone and has also broken its ascending trendline.
The price is now in the process of pulling back to the broken trendline, consolidating around that area.
We expect that after completing the pullback and some consolidation, the pair will decline at least toward the specified support levels.
Don’t forget to like and share your thoughts in the comments! ❤️
EUR_JPY GROWTH AHEAD|LONG|
✅EUR_JPY has retested a key support level of 160.600
And as the pair is already making a bullish rebound
A move up to retest the supply level above at 163.000 is likely
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURJPY Approaching Key Resistance — Potential Sell SetupOANDA:EURJPY is approaching a key resistance level, an area that has been a key point of interest where sellers have regained control, leading to notable reversals in the past. Given this, there is potential for a bearish reaction if price action confirms rejection, such as a bearish engulfing candle, long upper wicks or increased selling volume.
If the resistance level holds, I anticipate a downward move toward 161.20, which represents a logical target based on previous price behavior and market structure.
However, if the price breaks above this zone and sustains above it, the bearish outlook may be invalidated, opening the door for further upside.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
EURJPY remains mixed and volatile.EURJPY - 24h expiry
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Price action looks to be forming a top.
Preferred trade is to sell into rallies.
A lower correction is expected.
Bespoke resistance is located at 162.35.
We look to Sell at 162.35 (stop at 162.75)
Our profit targets will be 160.75 and 160.50
Resistance: 162.00 / 162.70 / 163.20
Support: 160.75 / 160.20 / 159.00
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
EUR/JPY BEST PLACE TO BUY FROM|LONG
Hello, Friends!
We are targeting the 162.927 level area with our long trade on EUR/JPY which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Strong Confluence Zone – Is EURJPY Ready to Fly?EURJPY is currently respecting a strong ascending trendline that has acted as dynamic support for several years. Price recently rebounded from both the horizontal support zone and the rising trendline, indicating strong buying interest at this confluence area.
Now, the pair is attempting to break above a key resistance zone marked by a descending trendline. A successful breakout above this area could signal a potential continuation of the long-term bullish trend.
The RSI is also showing a bullish divergence, which adds confluence to the bullish bias. However, rejection from resistance could trigger a retest of the support zones.
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EURJPY Weekly Forecast: Triple Bottom Breakout & Bullish Target Overview of the Chart & Market Structure
The EUR/JPY daily timeframe chart presents a Triple Bottom Pattern, a powerful bullish reversal formation that suggests a potential shift in market sentiment. This pattern occurs when price tests a key support level three times and fails to break lower, indicating strong buying interest at that zone.
Historically, a Triple Bottom leads to a significant trend reversal as sellers lose strength and buyers gain control. If confirmed by a breakout above resistance, this setup could provide a high-probability trading opportunity for swing traders and position traders.
Key Chart Components & Price Action Analysis
1. Triple Bottom Formation
The three bottoms marked on the chart represent repeated failed attempts by sellers to push the price lower:
Bottom 1 (August 2024): The first rejection from the support zone (~155.000) led to a temporary bounce.
Bottom 2 (October 2024): Price retested the same level, but buyers stepped in again, preventing a breakdown.
Bottom 3 (March 2025): The final test of support confirmed a strong accumulation zone, setting the stage for a potential bullish breakout.
In technical analysis, a Triple Bottom is considered a stronger reversal signal than a Double Bottom, as it represents prolonged buying pressure at key levels.
2. Support & Resistance Levels
Support Zone (~155.086): This level has been tested multiple times and remains a solid demand zone, where buyers have consistently entered the market.
Resistance Zone (~166.000): This level represents the neckline of the pattern, which must be breached to confirm a bullish reversal.
Breakout Target (~179.233): If price breaks out above 166.000, the projected target is set at 179.233, based on the height of the Triple Bottom pattern.
Trading Strategy & Entry Plan
1. Entry Point – Waiting for Confirmation
A buy trade should be initiated ONLY after a confirmed breakout above the resistance level (~166.000). Traders should wait for a daily candle close above this level, preferably with high volume, to confirm the breakout.
2. Stop Loss Placement
A stop-loss should be placed below the third bottom (support level) at 155.086 to minimize risk.
This placement ensures that if price invalidates the pattern by moving below the support level, the trade is exited early.
3. Profit Target Calculation
The measured move technique is applied to estimate the target. The height of the pattern (distance from support to resistance) is projected upward from the breakout point.
Target price: 179.233, aligning with historical resistance.
4. Risk-to-Reward Ratio & Position Sizing
The risk-to-reward ratio (RRR) for this setup is favorable, making it an attractive swing trade opportunity.
Traders should adjust position sizes based on risk tolerance, ensuring proper money management principles are applied.
Additional Confirmation Factors
1. Volume Analysis
A breakout with increasing volume will confirm strong bullish momentum.
Weak volume during breakout could indicate a false breakout, requiring caution.
2. RSI & Momentum Indicators
RSI trending above 50 suggests growing bullish strength.
Bullish divergence on RSI or MACD would add further confidence to the trade.
3. Retest of Resistance as Support
Often, after breaking resistance, price retests the breakout level before moving higher.
This could offer a secondary entry opportunity for traders who miss the initial breakout.
Potential Risks & Market Conditions to Watch
False Breakouts – If price fails to sustain above resistance, the pattern could be invalidated.
Macroeconomic Events – Major news events, such as ECB or BOJ policy decisions, could impact EUR/JPY movement.
Geopolitical Uncertainty – Unexpected events may cause volatility and deviation from technical patterns.
Conclusion – High-Probability Bullish Setup
The Triple Bottom Pattern in EUR/JPY is shaping up as a strong bullish reversal setup. If the price successfully breaks above 166.000, a rally toward 179.233 is expected.
📌 Trading Plan Recap:
✅ Entry: Buy above 166.000 (confirmed breakout).
✅ Target: 179.233 (measured move projection).
✅ Stop Loss: 155.086 (below support).
✅ Risk-Reward Ratio: Favorable for swing traders.
This setup aligns well with technical and price action strategies, making it an attractive trade idea for the upcoming weeks.
EURJPY Confirmed Pennant Pattern BreakoutOANDA:EURJPY Long Opportunity
Price has made a Breakout of the Falling Resistance of the Pennant Pattern it has been forming the past couple of weeks.
The Breakout meets all the requirements needed to be validated as a True Breakout!
With Price trading above the 200 EMA, this adds more confirmation that the Bulls are in-control and we can reasonably expect to see price move to the Upside.
At the Start of the Following Hour ( 09:00 CST ), I will enter a Long Position on OANDA:EURJPY with my SL below the Retest of the Break!
EURJPY - Expecting The Price To Bounce Higher FurtherH4 - Bullish trend pattern in the form of higher highs, higher lows structure
Strong bullish momentum
Expecting retraces and further continuation higher until the two key Fibonacci support zones hold.
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURJPY Setup IdeaLooking for a long entry, limit order set....
Here is my logic from left to right: we have an short term "double top" forming inside a higher time frame up trend, I'm looking for a run on the stops of traders going short.
We found support at a bullish liquidity pocket (bottom red spot) = Bullish sign
Price completed a bullish harmonic (that grey double top structure is a harmonic) = Bullish sign
Price gave me entry signal with H1 break of structure (blue zone) = Bullish sign
We have equal lows sitting just above the blue line (X's) = Bullish sign
My target is the next red zone even though im projecting this pair to go much higher.
Earlier this week in my newsletter, I gave two zones to look for buy reactions in for EURJPY.
(the huge purple zone on the left, and the bottom red zone within it which currently has a +75 pip reaction.)
Feel free to check it out, the link is in my post signature, and profile bio.
Cheers 🍻
EUR/JPY Triple Bottom Breakout – Bullish SetupThis chart represents the EUR/JPY currency pair on the daily timeframe. It highlights a Triple Bottom pattern, a bullish reversal formation that signals a potential upward trend after testing strong support multiple times.
1. Chart Pattern Analysis – Triple Bottom Formation
The Triple Bottom is a classic reversal pattern that forms after a downtrend and consists of three distinct lows at nearly the same level. This indicates that sellers attempted to push the price lower but failed three times, suggesting that buying pressure is increasing.
Bottom 1 (August 2024): The price reached a low near 150.344, forming the first support zone.
Bottom 2 (September 2024): The price dropped again to the same support level but bounced back, indicating strong demand.
Bottom 3 (March 2025): The price retested the support for the third time and rebounded, confirming the pattern.
💡 Key Takeaway: The repeated failure to break below the support level suggests that sellers are losing control, and buyers are preparing for a strong move up.
2. Support & Resistance Levels
Understanding support and resistance levels is crucial for identifying entry and exit points:
Support Level (150.344 - 150.125): This zone has acted as a strong demand area where price consistently bounced back.
Resistance Level (167.500 - 170.000): This is the neckline of the Triple Bottom pattern. A breakout above this level confirms the bullish trend.
If the price breaks above the resistance level, it will trigger buying momentum and open the doors for further upside.
3. Trading Strategy & Price Targets
✅ Entry Criteria
The ideal buy entry is after the price breaks above the resistance level (~167.500 - 170.000) with strong bullish momentum and increased volume.
Wait for a daily candle close above the resistance level to confirm the breakout.
🎯 Target Levels (Take Profit - TP)
TP1 (173.001) – First profit-taking level, as the price may encounter some resistance.
TP2 (179.266) – Final bullish target if the breakout holds strong.
📉 Stop Loss (Risk Management)
Stop Loss (SL): Below 150.125, just below the previous support level. This minimizes losses if the price fails to break out.
Risk-to-Reward Ratio: This setup offers a high risk-reward ratio, making it a favorable trade.
4. Market Psychology & Confirmation Signals
The Triple Bottom indicates a strong shift in market sentiment from bearish to bullish.
Confirmation signals to watch for:
✅ Bullish breakout above resistance
✅ Increase in trading volume
✅ Formation of bullish candlesticks (e.g., Engulfing, Marubozu, or Breakout Retest Confirmation)
5. Summary & Final Thoughts
🔹 The Triple Bottom pattern signals a strong reversal with clear upside potential.
🔹 The breakout above resistance (~167.500 - 170.000) will confirm a bullish trend.
🔹 Entry: Buy after breakout confirmation with volume support.
🔹 TP1: 173.001, TP2: 179.266
🔹 SL: Below 150.125 to protect capital.
🚀 Conclusion : This setup presents an excellent long opportunity with a well-defined risk-reward strategy. If the breakout holds, EUR/JPY could see a strong uptrend in the coming weeks.