EURJPY: short on h4Hi Traders,
This is my view on this cross for the next few days.
#EURJPY
SELL 128.62
SL 129.05
TP 127.81
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Trading Kitchen
Eurjpyforecast
EUR/JPY SELL SIGNALHey tradomaniacs,
welcome to another free trading-setup.
EUR/JPY: Daytrade-Execution
Sell-Limit-Order: 129.620
Stop-Loss: 129.930
Point of Risk-Reduction: 129.350
Take-Profit: 128.870
Stop-Loss: 30 pips
Risk: 0,5% -1%
Risk-Reward: 2,50
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
EURJPY | Perspective for the new week | Follow-upThe price continues to hover around our previous Supplication area (see link below for reference purposes); The Euro has been unable to sustain its move to a new high following price inability to Break above the Y130.600 area.
After culminating @ Y130.680, a Double Top pattern emerges with tendencies that support the beginning of a Corrective phase. We finally experience a Breakdown of Ascending channel during last week trading session a sign that the price no longer respects the Channel. I am of the opinion that this sudden Breakdown might be a Temporary dimension to price action (Corrective phase) in anticipation of a rally continuation in the nearest future.
Tendency: Temporary Downtrend ( Bearish )
Structure: Breakdown | Supply & Demand | Double Top (Reversal pattern) | Ascending Channel
Observation: i. EURJPY appears to be bullish from the perspective of a long-term outlook; Price has respected the Ascending Channel since late January 2021.
ii. The Breakdown of the Neckline coinciding with a breakdown of the Channel is a signal that Buyers have lost their momentum and a new direction is evolving.
iii. In the last 17days, Y129.750 has been a significant area as a Breakdown/Breakout of this area has dictated the prevailing direction of price action.
iv. The Neckline @ Y129.750 shall be my Key level in the coming week(s) as I anticipate a correction (retest) after the Breakdown that happened last week to join the decline train.
iv. This been said, after completion of the correction of the Breakdown in the coming week(s); any area below Key level will be good for me to join the decline train. Trade consciously :)!
Trading plan: SELL confirmation with a minimum potential profit of 170 pips.
Risk/Reward : 1:4
Potential Duration: 4 to 10days
NB: This speculation might be considered to make individual decisions on the lower timeframe.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
EURJPY Potential Sell?G'day Guys.
Here our EJ potential trade setup. Let me explain.
1. In bigger time-frames showing unhealthy market movement. Remember, every time we acting unhealthily we will receive another side effect that cause effecting our life. Same goes to market perspective.
As i always mentioned, Market is Human Behavior.
2. In hourly time-frames, am seeing that market looking for supply zone. Before continue bearish rally.
I suggest to read about
* Human Behavior & Markets Movement
* Policy & Markets Movement.
"The Books NOT in the Markets yet."
I believe you guys will understand how exactly market move.
EURJPY - DON'T MISS OUT!During this mark up, I will be providing you with a visual break down of my prediction of EURJPY ! Before you take a look at this mark up, please be sure to understand that everything is color coordinated to make it easier for you to understand my prediction and perspectives of the market.
BE SURE TO ZOOM IN AND ZOOM OUT TO SEE THE DIRECTION OF THE MARKET!! 😊
Listed below are the steps to my prediction…
1. Yellow Trend Line = Support and resistance mark up
2. Green Lines = represents the higher high and higher lows of the market
3. Blue = The kill zone. Where I am looking for price to make its move.
During my analysis for EURJPY , I went from the 1-hour chart to the 4-hour chart. During that time, I was able to identify a 3-bar reversal looking to go bearish. Starting from March 11th to March 16th on the 1-day chart is where I was able to identify this reversal. If you have any questions about my mark up, please be sure to leave comments below and I will answer your questions as quickly as possible.
Thank you for taking time to view my mark up!
EURJPY - Slight PullbackThis pair had a fantastic bull run without any major pullbacks, at some point the price will have to pull back significantly to shake some of the buyers out of the market.
I believe price will pullback from here into the lower timeframe order blocks to fill the liquidity zone void.
Sentiment suggests the market is selling EJ hard so we must be cautious.
What i see in EURJPY. G'Day Guys.
Here some overview for EURJPY pair. Please note, this reference is for educational purpose only. You might follow or just for the idea. FYI, i will open my position based on my own R:R and smaller Time-frame setup. This is normally i use for reference. As my idea is, i already know what the Big Boys would like to do coming next 12 months. My jobs is to taking advantages on the markets weaknesses. Come and comment on this idea. Trade setup will be updated time to time.
Cheers.
EURJPY - Diagonal PatternIn the weekly chart, the Triangle pattern is broken and the uptrend is almost being confirmed
(Weekly Chart )
In the daily chart, by completion of Wave 2 in the range of 114.39, the uptrend has started in Wave 3, price is currently in this wave of which the targets of the uptrend can be in the range of 133.
(Daily Chart )
In the 240-minute chart, the wave counting has shown that, corrective movement of wave 2 from sub-waves of wave 3 has been finished in the range of 38% Fibonacci ratio. The most important point is that the Diagonal pattern has been shown in the one-hour chart.
By crossing the price from the range of 128.66, this scenario will be confirmed.
2/27 - EUR/JPY Pair looking to continue uptrend in 20212/27 - EUR/JPY Pair looking to continue uptrend in 2021
1. Looking like 3rd wave of primary building.
2. Should see a little pullback here to 126 area for 4th wave of intermediate, then a continued assent to 132-133 area = next Fib ext and some price resistance.
3. Should see 5th wave to 200% Fib and price resistance at 137.5 in 2022.
EUR/JPY Signal (H4 Timeframe) Looking BullishHi Traders
EUR/JPY Signal (H4 Timeframe)
A medium to high probability, entry to go LONG is forming @ 128.443 after the market found support @ 127.300. Only the downward break of 127.300 would cancel this bullish scenario.
Trade details:
Entry: 128.443
Stop loss: 127.300
Take profit 1: 129.117
Take profit 2: 130.260
Take profit 3: 132.123
Score: 9
Strategy: Bullish Breakout
EURJPY | Perspective for the new weekThrusting out of our previous Demand level @ Y126.4, the price moved over 150pips in our direction since my last publication (see link below for reference purposes). Since the Breakout of the Y122.000 level mid last year, the price has continued to find Higher Highs with impressions that support LONG positions from all perspective. It is also very obvious that Key level @ Y125.000 as been a major determinant of price in the last 8 months (since July 2020) as the price continues to remain "Supported".
Tendency: Temporary Downtrend followed by Uptrend ( Bullish )
Structure: Correction wave | Breakout | Supply & Demand | Harmonic (AB = CD)
Observation: i. Following the correction into Y122.000, price have remained bullish.
ii. Since the successful Breakout of Key level @ Y125.000 in December 2020, Buyers have continued to retain price above level hereby confirming the Buying power at this juncture in the market.
ii. Completion of a Harmonic pattern (AB = CD) might see price do a temporary decline from Y129.000 area (supplication area), a set-up characterized by "quick sells" (Correction move) from participants who took advantage of the rally from Y122 level to recover some profit before the anticipated rally.
iii. It is worthy to note that the Y126.000/124.000 zone has a prospect of becoming a very good Demand level in the nearest future.
Trade consciously :)
Trading plan: SELL/BUY confirmation with a minimum potential profit of 500 pips.
Risk/Reward : 1:3
Potential Duration: 7 to 15 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
EUR/JPY BUY IDEAHey tradomaniacs,
welcome to another free setup!
Notice:
You don`t need to follow me on this one as this is a high-risk-trade ahead the news.
I personally have a higher risk-aversion and see a great opportunity here!
EUR/JPY: Daytrade-Execution
Market-Buy-Order: 127,450
Stop-Loss: 127,130
Point of Risk-Reduction: 127,680
Take-Profit: 128,230
Stop-Loss: 32 pips
Risk: 0,5% - 1%
Risk-Reward: 2,50
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
EURJPY ANALYSIS 15 - 19 FEBANALYSIS
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DAILY TF: BULLISH MOMENTUM IS PRESENT
4HR TF: BREAK OF RECENT HIGHER HIGH
1HR: RECENT HIGHER HIGH BROKEN
PLAN OF ACTION
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- WAIT FOR RETRACEMENT/ CORRECTION PHASE ON THE 1HR TF TO COMPLETE BEFORE TAKING BUYS
- IF OPPORTUNITY PRESENTS ITSELF, WE CAN TAKE THE ANTI-TREND SELLS TRADES
ENTRY REASON
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- BREAK OF CORRECTION PHASE
STOP LOSS @ TO BE DETERMINED AFTER CORRECTION
TAKE PROFIT @ NEXT ZONE