Crazy Long Opportunity for Swing EUR JPY +700 pips !!!According to Breakout downtrendline + Fibo Ext +Price Action
Eurjpyforecast
EURJPY [D1] Breakout Next step @ TOP 🚀🚀🚀EURJPY Breakout Next step @ TOP 🚀🚀🚀
✅ Now EUTJPY is Detroy channel trend use mini timeframe to find entry buy and TP focast on TOP resistance
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4HR Analysis for EURJPYI believe the overall trend for this pair is bullish bias, however there will be be a moderate retracement to and below the 124 handle. I'll keep it short on this post and let the audience do some digging on my chartwork to see if it makes sense. I based this chartwork solely off pure market movement and left out indicators. Please feel free to ask me any questions.
EurJpu- to break above 125- 200 pips possible tradeThe drop from 127 to 122 is clearly corrective in nature and, after finding strong support at 122, the EurJpy has risen in a constructive way.
Now the pair is trading just under 125 important resistance and neckline of an H&S and I think a break up is inevitable.
That being said my strategy for this pair is buying dips and 127 could be a reasonable target.
EURJPY shortWe have a strong rejection resistance at 125.00. If the price broke below Grey zone I will expect more downside. TP1 - 123.000, TP2 - 121.000
EURJPYOverall direction for this is bullish, however it needs slight retracements to either the favorable 38.1% or 61.8% retracement levels on the 2nd/new Fibonacci before going to -0.27% or - 1.618% on the original Fibonacci.
EUR/JPY BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
EUR/JPY: Day-Swingtrade-Preparation
Market-Buy: 123,260
Stop-Loss: 122,770
Target 1: 123,710
Target 2: 124,020
Target 3: 124,490
Stop-Loss: 49 pips
Risk: 0,5% - 1 %
Risk-Reward:2,72
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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EURJPY BUYEURJPY 4H timeframe analysis, the overall market structure is uptrending and right now came down for retracement and about to go back up for SWING HIGH.
EurJpy- Near important support, I favor longsAfter finding local support in 121.50 zone, EurJpy rose quickly to 125 resistance where it found strong asks.
Now the pair is correcting this up move and is near 122.50 important support.
I favor long trades and a buy trade in this zone can have a more than 1:2 R:R
EURJPY – The completion of Diagonal PatternEURJPY – The completion of Diagonal Pattern and the advent of the uptrend
In the daily chart, the Ending Diagonal pattern has been completed in the range of 144.39, and the price has been able to cross the end of the 4th wave (122.84) with 5 ascending waves, and extended up to the range of 127.07.
According to this pattern, the target for the uptrend in the first stage is the range of 133.
In the 240-minute chart, the price with Double ZigZag pattern has reached to the range of 121.61, we can have this probable scenario in which the 2nd wave is over.
In order to confirm the uptrend, the price should be stabilized above the range of 125.08, in addition, if the price crosses the range of 121.61, this scenario will be nulled, and we will probably encounter a Complex Pattern in 2 wave
EUR JPY - NOV 15 -20 KEY LEVELSEUR JPY - NOV 15 -20 KEY LEVELS
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We are waiting for a strong uptrend in 3rd Wave.In the daily chart, the downtrend has ended in the range of 109.21 and the price has completed the first 5 wave in the range of 137.50.
The downtrend in the B / 2 wave with a form of 3 structure and the Ending Diagonal pattern has been completed in the range of 114.42.
Then the first wave from point C / 3 is completed and its corrective movement has ended in the range of 121.61 and 3rd wave from this point has started.
Currently, we can have a buy order on this currency with a loss limit in the range of 119.50 and the first target can be 133.07. which is too long-term target.
EUR/JPY BUY SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
EUR/JPY: Daytrade-Execution
Market-Buy-Order: 124,150
Stop-Loss: 123,725
Target 1: 124,520
Target 2: 124,755
Target 3: 125,135
Stop-Loss: 42 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.
Any questions? PM me. :-)
EJ Monthly Analysis EJ is forming LH's and maintaining support. It recently formed a monthly double bottom and is currently at the neckline. Weekly and daily price action will eventually determine which direction this market wants to go
EURJPY Massive SHORT!! (Very!) Long term.An absolutely massive SHORT!
Also, here is the NIKKEI225, long term;
How about the DAX?!...
EURJPY: 2 possibile shorts for the next daysOrder 1
Sell Limit 123.48
SL 124.28
TP 120.75
Order 2
Sell Limit 124.62
SL 125.120
TP 123.24
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Trading Kitchen
EurJpy- A new leg down?The long-term trend for EurJpy is clearly down for a few years now (visible on the weekly chart) and after 2 failed attempts to reconquer 125 in October, the pair dropped to 121.50 zone.
The rise from this point is corrective and we have a clear resistance at 123 (the last broken support and congestion zone)
I expect bears to take control next week and we can see a new low for this period around 121
I'm looking to sell this pair
EURJPY: Good place to join in on the sell with low riskI can see price has been making lower highs and lower lows after a 4 months uptrend. An early sell entry would have been after formation of double top at the 125.000 level, that signaled a push to the downside. We currently see that price did a pullback to the key fib level and 200MA acting as dynamic resistance here. Multiple wick rejections in this area of resistance confluence suggests an end of pullback and continuation of move to the downside. On the H4 timeframe, the details of the multiple wick rejections will be seen better. A short position here with SL some buffer away from resistance confluence will put your position at low risk with a potential for a much higher return. Cheers!
