EURJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
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EURJPY
EURJPY Analysis to trade from this zones.{25/12/2022}Educational Analysis says EURJPY may go SHORT. According to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why SHORT?
On the 1HR timeframe, the pair is making LOWER HIGH AND LOWER LOWS.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS
PRICE WILL RANGE (FROM 124 - 148) IN THIS ONLY IF THE COMING DAYS GO NORMAL WITHOUT ANY BAD NEWS INTERRUPTION HAPPENING.
HOW TO TAKE ENTRY ON THIS?
In 15 min timeframe, the pair changes its character and the price push toward also couple breaks the primary structure
JPYXJPYX is still in this downwards ranging market, we can see in the regression channel how we are are contracting in a sense on a higher frame. Now we seem to have created this triangle consolidation, with these gradual lower highs and this sturdy support forming underneath. We could look to trade a breakout of this pattern, this could be either up or down at this point so it is something to watch in the next trading days.
✅TS ❕ EURJPY: strong resistance✅✅ EURJPY is moving near resistance.
Price is trying to break resistance with less force.
We believe that the chart will start to decline. ✅
🚀 SELL scenario: short to 144.983 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Daily Wave Rider - EURJPY - BUYEURJPY
Channel: GREEN
WK Pivot: GREEN
AOB: 10
CON: EngB
BUY Stop: 158.961
Stop Loss: 157.672
TP01: 160.250
TP02: 162.828
DWR present as a buy setup on 20 OCT, with Channel and Pivot are green bouncing off EMA10
However, trade is not taken/considered
SPX500: SELL
DXY: SELL
OIL: SELL
GOLD: BUY
EUR/JPY FAILED SIGNAL 02/10/23Trade Details (M5 TIMEFRAME)
Sell Limit Given @158.300
Entry: 158.300
Take Profit 1: 158.200
Take Profit 2: 158.130
Take Profit 3: 158.000
Stop Loss: 158.360
Simple Reasoning
Change of character (Aggressive Entry)
What we thought was LQ taken (False Signal)
Price by the looks of it took proper LQ and then waterfalled down.
Strifor || EURUSD-10/19/2023Preferred direction: SELL
Comment: The price approached the level of 1.05700, as we expected in the previous trading idea for this currency pair. Now sales are gaining momentum and it is expected that the instrument will go to update local minimums from its current target.
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Daily Wave Rider - EURJPY - BUYEURJPY
Channel: GREEN
WK Pivot: GREEN
AOB: EMA10
CON: IB
BUY Stop: 158.575
Stop Loss: 157.678
TP01: 159.472
TP02: 161.266
DWR present as a buy setup on 19 OCT, with Channel and Pivot are green bouncing off EMA10
However, trade is not taken/considered
SPX500: SELL
DXY: SELL
OIL: SELL
GOLD: BUY
Strifor || EURUSD-10/18/2023Preferred direction: SELL
Comment: The main direction is still downward, here the medium-term vision does not change. However, the results of trading on Wednesday suggest a slight recovery against the dollar. Here, an overshoot is also not excluded, that is, a movement towards 1.06000, after which the currency pair will most likely begin to fall again. As was said in previous trading ideas for this instrument, in the medium term we can expect a movement towards the level of 1.04500.
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Daily Wave Rider - EURJPY - BUY EURJPY
Channel: GREEN
WK Pivot: GREEN
AOB: WP
CON: SBB
BUY Stop: 158.649
Stop Loss: 157.142
TP01: 160.156
TP02: 163.170
DWR present as a buy setup on 18 OCT, with Channel and Pivot are green bouncing off weekly pivot
Trade is not taken
SPX500: SELL
DXY: SELL
OIL: SELL
GOLD: BUY
EURJPY - Detailed Video Analysis 📹 From Daily To H1Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #EURJPY.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
EURJPY These data are good for growthThe yen hit a two-week low of 109.98 yen against the Japanese yen.
The yen fell to 182.49 against the franc and from an initial high of 166.11 against the pound and 165.39 against the pound, and a 10-day high of 181.16.
The yen fell to 157.98 yen against the euro and 149.76 yen against the dollar, below the six-day high of 156.98 yen and four-day high of 149.30 yen, respectively.
The currency's next major supports are likely to be around 112.5 against the loonie, 166.5 against the franc, 184.00 against the pound, 160.00 against the euro and 152.00 against the US dollar.
EUR/JPY BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
EUR/JPY is making a bullish rebound on the 3H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 157.492 level.
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Strifor || EURUSD-10/17/2023Preferred direction: SELL
Comment: The price of the currency pair is once again testing the level of 1.05700, in addition, the market is awaiting data on retail trading. Most likely, against the background of this, the currency pair will make a small jump above current prices, and then slide back down to the level. The target for the fall can be considered at the level of 1.04500.
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Eur/jpy Buy setup 230 PipsWe are seeing aggressive buying power as market structure is still maintaining to upside
==> Daily timeframe price action is above the EMA's and we see wonderful rejection in the area of liquidity as support zone
==> Price is now bounding between to upper and lower limit of the accumulation zone, now come confirmation of buy after a fakeout at the bottom for a continuation to upside
==> Nice risk to reward but keep an eye on the upper bound limit for rejection that can invalidate the setup
Follow me for more breakdown
eurjpy h1 accumulation buy/hold tp +165 pips🔸Let's review 1 hour chart for EURJPY today. speculative buy/hold setup for EURJPY bulls,
accumulation in range. Currently trading near range lows and re-test of premium prices
below range lows pending, which is a buying opportunity for the bulls.
🔸Range highs set at 158.20 and range lows at 157.10, premium prices above
at 158.40/158.70 and below at 156.90/156.60. accumulation in progress right now.
🔸Recommended strategy bulls: bulls should wait for the price to re-test near premium
prices below and buy/hold close to 156.60/90 fixed SL 40 pips TP1 +80 pips
TP2 +160 pips cover longs at/near premium prices overhead. good luck traders!
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EURJPY Comment downGeopolitical influences do not play a role in sustainably subsidizing the Yen. Yesterday the USD/JPY exchange rate once again approached the observation level of 150; Specifically, it reached 149.74, then decreased slightly back to 149.56. The Yen has recently been fluctuating around the observation threshold, currency investors in the market are still observing the actions of the Japanese Government.
While many investors are still observing the market, many others determine that the Japanese Yen is in its 'weakest' stage and is 'bottom-fishing' for the Yen.
Strifor || USDJPY-10/16/2023Preferred direction: SELL
Comment: At level 150, the search for sales continues actively. Most likely, due to the continued strengthening of the US dollar, a false breakdown of the mentioned level can be expected for the USDJPY currency pair. If this setup is formed, a short trade will immediately be activated with a target at the level of 147.816 and 144.900 in the longer term.
Thank you for like and share your views!
EURJPYEURJPY is trading in bullish parallel channel, and created Head and Shoulder pattern at strong resistance area. And a massive sell rally break the neckline of HnS pattern. any successful retest of broken level will be nice option to sell.
if the sell pressure continues, the next target could be the back to lows at 156.50 region.
What you guys think of this idea ?
EURJPY H4 | Bearish reversal off 61.8% fibo?Price is starting to reject the neckline of the previous H&S pattern formed, which is our sell entry at 157.63. Furthermore, there is fibo confluence here as our sell entry aligns with the 61.8% fibo retracement and 38.2% fibo retracement as well. Our stop loss is at 158.07, which is the swing high resistance level. Take profit is at 157.00, which is a swing low support level.
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