Eurjpybuy
EUR/JPY Trying To Close Above Our Res And Long Setup Available 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
EUR/JPY Running In 120 Pips And, Entry Added After 4H Closure 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
EUR/JPY Full Analysis And 2 Best Areas To Put Your Buy OrderThis 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
EUR/JPY Full Analysis And New 2 Long Setups To Get 300 Pips !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 analysis with 2 TPs 03/03/2021as we can see this instrument was up trending in an ascending Parallels channel and there are no majeure resistances on its way,
so we can speculate 2 TPs where we may have some Resistance so we can capitalize our positions there.
one of the most important confirmations are that the price has touched the Fibonacci projection 161.8% extension level and there is a convention that, once the price touches this level there are over 85% of chances that the price will continue its rally to 261.8% of the same Fibonacci projection, where it has confluences with our Price Action defined 1 TP.
EurJpy can revisit 130 zoneSince 20 October, EurJpy fell hard, losing more than 500 pips.
However, since the beginning of December, the pair seems to have found support in 128 area (which acted as support in the past) and we can assist a corrective rally.
130 zone could be the target for such a correction and a new local low would negate this scenario
EURJPY - BUY StrategyThis is a very short-term strategy.
The move down is within the regression channel. Right now we are EURJPY 129.42 and bouncing on channel support.
The strategy is buy at current level but place a stop-loss at 128.57. The profit should be somewhere 132.17.
The DMI has crossed negative and downward pressure is possible, but am more focussing on the channel support here.
EurJpy= Best place to buy for 1:5 R:RAfter the June high of around 1.34, EurJpy corrected and found strong support in 1.28 zone.
October is a recovery month for this pair with the price rising back above 1.3 important figure
Now the pair is in a minor correction of the recent leg up and I expect continuation to the upside
1.31 can be a good place to buy and long term traders can target 1.5 zone
Recent 1.34 high can also be a good place for TP for shorter-term traders
This scenario is negated if the price is closing under 1.2750
EURJPY: Bearish PennantEJ is currently at the top of a bearish pennant (Monthly/Weekly T.f) the pattern is also visible on the RSI on the Mly T.f
The next target is 126.800 .
the target after that is 117.740 .
We're currently at a fib level. If price is ever to pick up, it'll do so at this level. But i would wait for a break to the upside, then a restest and continuation before buying ( break and retest of pennant or at least 133.100 level.) the next target if that happens will be 137.400.
EUR/JPY Full Analysis , 2 Long Setups Valid After Daily Closure 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