EUR/JPY reversed from the resistance once again, time to drop?Overview - EUR/JPY has been unable to break the resistance level for the last
two weeks but bears have not been able to capitalize on it yet. However, yesterday's drop
seems encouraging for the bears.
Analysis - From the chart, you can see that, yesterday's daily candle was a big
bearish candle with a long wick at the top. So, it is quite likely that price will continue to
go down now.
Probable trade set-up - I have already published a signal to sell EURJPY@130.50-131
last week. So, if you followed it then continue to hold the trade. New sells can also be executed
if price visits the resistance level again.
Disclaimer - This is simply an analysis and not a trade recommendation. The trades will be
executed only if it meets the required criteria.
Eurjpyanalysis
EUR/JPY BUY IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to waot for a confirmation!
EUR/JPY: Day-Swingtrade-Preparation
Market-Buy: 130.615
Stop-Loss: 130.240
Point of Risk-Reduction: 130.940
Take-Profit: 131.800
Stop-Loss: 35 pips
Risk: 0,5% -1%
Risk-Reward: 3,50
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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EUR/JPY New 2 Short Setups To Who Missed The First One This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EurJpy to rise to 132 resistance?EurJpy is in a clear uptrend for quite some time now and, from the beginning of the month the pair is consolidating gains just under 130 important figure.
In my opinion, this resistance will fall and EurJpy will rise to the next resistance at 132
That being said I will search for opportunities to enter long on dips around 129 support
A dive under 128 would negate this bullish scenario
Temporary reduction of pricesTemporary reduction of prices
In general, as you can see, it is in a long-term uptrend channel and has not been able to cross its resistance with several consecutive attempts, and is expected to fall to the bottom of the channel if it loses its uptrend line. It will be, and if it can overcome its resistance, it is expected to climb to the top of the channel. In general, the price is more likely to decrease to the bottom of the channel.
Because according to the stochastic oscillator, a descent occurred, which indicates a short-term death cross in price.
EUR/JPY Technical Analysis.Hello traders, EUR/JPY is trading at 130.47. The Pair is trading in resistance and support wedges in a sideways trend. As the price is moving towards its resistance level it can rebound back to its support level. If the price breaks the entry price at 130.37, then it can touch its support level at 130.19 and if price breaks the support level then it can touch its second target at 129.98.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
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Thank you,
Rishikesh Lilawat
EUR/JPY approaching potential reversal zone.Overview - EUR/JPY is in an uptrend for a long time now. But, price is finding
a lot of resistance at the 130.50 area. Despite that, reversal is elusive so far. Let us analyze
and find a possible sell entry for EUR/JPY sellers.
Analysis - From the chart, you can see that EJ has not been able to break the
130.50 barrier for the last 7-8 days. So, a reversal might happen soon. The area between
130.40 to 131 is the PRZ where we can execute sell trades if there is bearish price action.
Probable trade set-up - Based on this, if there is bearish candlestick formation
in the PRZ, sell entries between 130.40 to 131 with SL above the PRZ and TP at 128.25 is a
possible sell signal.
Disclaimer - This is simply an analysis and not a trade recommendation. The trades will be
executed only if it meets the required criteria.
EURJPY "potentially" forming false trnedline breakout....Alright so, you'll see I have two red zones drawn, I am bullish on this pair but I'm not sold on the idea it is ready to pump 150+ pips upwards yet.
This is a riskier sell potential so it's best to wait for the confirmations.
Right now a position is being built at 130.20.
The question is...is this position going to be truly bullish or is it a manipulation move to entice people long? That I don't know yet.
I look for trap/manipulation setups so i'm analyzing based on what I'd like to see.
I'd like to see price break the tiny bearish trendline, and spike above atleast one of the swing points within the trendline, best case scenario is we break just above march's high.
If price breaks above one of those, and we get a BULLISH engulfing, that gets reversed on, I will start looking for shorts to 129.20
That will confirm enough for me that they pulled liquidity above the march high, and we should see a sell off.
Just watching for now.
Let's Elevate,
-Gio
EURJPY SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity EURJPY .
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗