EURJPYOk this one is a nice one from a closer look we have two opportunities one to buy next to buy (maybe , we have too see the next move)
Eurjpybreakout
EUR/JPY Technical Analysis
The counter has made a retest of the broken head and shoulder neckline.
It has made the retracement in the form of a bearish flag and has broken down from it.
Further, it has crossed critical support of 123.9 and hence we expect the pair to be bearish in the short-term.
EJ Analysis 29/09/2020 -- UpdateWe noticed that on the 1m timeframe price broke resistance that was being held even on such a small timeframe, as it was a new timeframe to trade off of, we used half risk when we executed the buys, with our stops below the 30m breakout candle, we secured 12 pips as price tapped into resistance before stopping us out at BE.
EJ Analysis 29/09/2020We are currently trading in a 15 pip range. If we break resistance, and form support on lower timeframes, buys could be valid up to the next form of resistance as there is a 15 pip range to target, however I have highlighted a zone we need to watch with caution as it is a previous rejection area. This is why I would prefer sells, we have a much cleaner 18 pip range to fill with no barriers. So if we close below support, and form resistance on lower timeframes, sells would be a solid option.
EJ Analysis 28/09/2020We are currently trading in a 15 pip range. I will not be trading in the range as it is too small. If we break above resistance and form a support on lower timeframes, I would look to execute buys up to the next resistance, I would look to secure positions at the first two buy targets highlighted on the chart as those are rejections areas. There is clean traffic to the downside if we manage to break through support and form a resistance on the lower timeframes I would look to take potential sells as there is a decent sized range to fill.
EUR/JPY | Possible Short MoveEUR/JPY – Daily Timeframe and 4 Hours analysis guys.
EUR/JPY we see a very nice short coming along and as our daily candle approaches our 50EMA .If we have a clear breakout 124.450 we will see the next move to our 100EMA which will probably give a bounce to it for a retest to the upside.
The possible target from 123.124 price breakout is 120.000 so we about to get it. One on the watchlist.
If all of this declines at the 50EMA you know what it is guys.
We hope this helps and gives another view for a good trading entries.
Support Levels: 124.450, 123.124, 120.00
Resistance Levels: 125.950, 128.685, 132.500
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EURJPY - buy for now , read on and u will understand whyHi all traders.
Look for a buy towards the top of the range
IF 200ma or trend line is broken on h4, then this idea is invalidated.
Cheers!
EURJPY, BREAK OR MAKE.*ENG*
- EJ is now sitting at our stress zone, we will be looking for a long position around this area.
- If price breaks, start looking for a retest in order to enter short.
*PT*
- EJ está de momento na nossa zona de suporte, iremos procurar posições de compra por volta desta zona.
- Se o preço quebrar, iremos começar a aguardar pelo retest em ordem a entrar short.
EURJPY Trade Setup(confirm)EURJPY been making step movements for last couple of days in upward momentum.
This analysis is intraday for long term holders ans now at point 120.032 eurjpy has strong supports as you can see in H1,H4 time frame.According to the upcoming fundamentals EUR should be again high with steps movement like corrective momentum.
EURJPY still is on my watch list and now again making steps movement towards buy direction .The recent price action had a really strong bullish move up from previous history as if you see in the monthly time frame the last month EUR had fallen and made wick .The larger continuation correction on the high time frame is developing further, and we see price continues to go up towards the top of the technical structure, hitting a recent double tops.
for further details you can ask us directly
EURJPY short oppertunityhey guys, there is a selling opportunity in EURJPY.
Based on Minor structure label....
and Trend line breakout strategy
And there are 2 entry points. how much risk you can tolerate in this trade, that's your decision.
And there is also the 3 TP area you can use....... and that depends on how much do you want....
Good luck everyone...
EURJPY SYMMETRICAL TRIANGLE.EURJPY in Daily Time frame is Following symmetrical triangle
we need to wait for breakout then we can buy this Pair.
Note one think it can be broken Downside as well depend on market condition if it breaks downside then follow the rule of the symmetrical triangle.
What is a symmetrical triangle?
The symmetrical triangle is one of three important triangle patterns defined in classical technical analysis. The other two triangles are the bullish ascending triangle pattern and the bearish descending triangle pattern. The symmetrical triangle consists of a simultaneous downtrend and uptrend lines.
Note: This is only for Educational Purpose this is not Investment advice.
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Adil Khan
EUR/JPY Long Idea (5/22/19) 1HR Chart EUR/JPY Long Idea (5/22/19) 1HR Chart
- Looking for price to reach the bullish trendline
- Price should reach the 4HR disturbance (orange level)
- Looking for the first fib extension @ 124.000
- Long term target @ 125.000
EURJPY ASCENDING CHANNEL TOUCHED... EURJPY has been travelling in an ascending channel ever since the huge drop on the majority of the fx pairs. Not much to be said apart from the doji candle and bottom of the channel has been hit, indicating price will make its way back up to the top of the channel
IF PRICE HITS STL , PRICE WILL MOST LIKELY FOLLOW THE RED LINE.
EURJPY ROCKET COMING DOWN?EURJPY has been travelling in an ascending channel ever since the large drop on all fx pairs.Price is currently at the top of the channel and is also inbetween the 0.50 -0.618 retracement zones which is a golden reversal point.
SL AND TPS are marked out on the chart above ,Potential reversal scenarios are also marked out above. If price breaks out above the channel we could see a retest back down with a move up to the nearest resistance zone. If it breaks out to the the downside we could see a move up as a retest and then a move back down to the closest support zone.
Eurjpy Short opportunity Below 124.100 levelEurjpy also failed to hold 125.000 levels which is important to be broken for upside. I will short if price goes below 124.100.
EUR/JPY FLAG TO BUY UPAs you can see market is forming a flag here on the 60MINS view which is a continuation pattern hence market will breakout to the upside.
Also looking at 4hr view as breakout build forming of a pennant which will go up, so this flag/view will build into that pennant/view so i expect plenty pips on this one.
No given figures so one can chart themselves and use their own initiative for buy and take profit area, i've highlighted the opportunity to you.
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Do set stop losses when trading but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders.
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