Eurjpybuy
BUY EURJPY - UPSIDE Holding at fibonacci as well as being supported by 50 SMA, large wicks showing support. Price may top out at 120.00 however should beat if ascending triangle is true to the price. Enjoy.
EURJPY and BUY AREAEURJPY
PIVOT point, line breakout, support and resistance..
H4: It is clear, we are now in new trend! UP TREND
IN up trend, I am a buyer, not seller.
If I want to buy now:
SL: 117.446
TP: 119.660
EURJPY LONG TO COMPLETE 5TH WAVEPrice has completed Elliott Waves 1-4.
Price is currently sitting at the 38.2% fib level.
Fib extension tool places TP @ Long Term Resistance between 120.20 and 120.90.
Afterwhich, I'd look for a retracement and take the A corrective wave down as long as my validations are met.
EUR/JPY long-buy weekly analysisEUR/JPY long-buy weekly 120-125 break target profit resistance
700 pips potential profit and 30 pips stoploss support with 20 rr
Indicators and oscillators are oversold weekly, rsi, demarker and bb etc.
EMA, MA and MACZ-Vwap etc.crossing for bullish movement
Economic calendar release are all bearish and hawkish
EURJPY BUY ON PULLBACK AT 38.2% FIB LEVELThis has the potential to travel ti 117.7X.
I have entered a 2nd position at 115.515, 61.8% fib level.
EUR/JPY UPDATEHI EVERY ONE
EUR/JPY reacted to its support line and will move upwards.
FOLLOW ME. STAY INFORMED UNTILL THE ANALYSIS IS DONE.
EURJPY long soonGood long setup for #EURJPY for the next 3 days.
The bearish trendline was broken by a strong impulse on 30 of April.
So we have to wait for the retest but it will probably begin to bull before.
115.8 it's the level from which it bounced before and could be a good point to enter.
A Fibo cluster is on the way with a bullish trendline as well.
First Entry 115.800
Second Entry 115.5
SL 115.34
TP 116.67
EURJPY WeeklyNearing strong support, need to wait for breakout confirmation of key support level to go short. Consider playing short term bounce to monthly resistance, still waiting for breakout confirmation similar to the wait on EUR/USD before going short
EURJPY LONG one more timeAnother Long opportunity for EURJPY and another +2R like I said earlier still bullish bias..
EURJPY HIDDEN BULLISH DIVERGENCE 4H ASCENDING CHANNELEURJPY is making large pushes followed by deep retraces on a 4 hourly ascending channel. Looking at the MACD indicator we can see a potential higher low on the price action while MACD is making a lower low telling us price is at a lower extreme compared to the previous low.
looking for signs of strength around the channel bottom would indicate that price is ready to create a higher low which may lead to a retest of the channel high or even a gap close.
Highly recommend all risk be cut in 50% due to global factors which simply cannot be accounted for - normally my personal risk tolerance is not more than 2% however i am now reducing that to 1% maximum indefinitely.
risk for all trades is 2.00% maximum
this particular trade yields a 1:7 risk reward
