EURJPY NEW ANALYSIS!Hi Traders, here is the full UPDATED Analysis / Breakdown for EURJPY.
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EURJPY, 1hr tf, sell below the kumo cloudHello everyone,
this week i got some positions hit SL as the market going a bit sideways on higher timeframe.
I am gonna try this lower tf setup and play with quick trade for a moment.
For today, i found EURJPY fulfilled all the conditions needed to take a sell position. Now i am waiting for it to retrace a bit to 125.40 before selling it for a better RR ratio.
Sell EURJPY 125.40
Stop loss 125.85
Take profit 1 @124.95
Take profit 2 @124.50
RR ratio is 1:2
Use only 1-2% risk
Good luck
EURJPY - sell biased Hi all traders/followers of my tradingview.
This is another trade idea i have for you guys!
Hope it can help you all in your journey to get some money.
Do take note for this trade setup.
If price break above the trend line strongly, this idea is invalidated.
Hopefully all goes well.
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Like and share this trading idea to all your friends.
**Disclaimer: All trade ideas are of my own personal views.**
Cheers everyone and have a nice day!
EURJPY, 4hr tf, sell on ichimoku confirmationHello my friends,
Another setup for September 8th is EURJPY pairs.
Price already moved lower and gave us the confirmation needed to enter this sell position. We're now waiting for a retracement for a better RR ratio before selling this pair.
1st confirmation is price below the kumo cloud
2nd confirmation is kumo cloud color are red
3rd confirmation is parabolic SAR now above the price indicating sell pressure
Sell limit EURJPY 125.40
Stop loss 126.10
Take profit 1 @124.70
Take profit 2 @124.00
Use only 1-2% risk
Good luck
EurJpy- 124 could be short term target for sellers127 is strong resistance for EurJpy, marked by a bearish Pin Bar.
Now the pair is heavy and also is trading under trend line support.
A clear break of 125.30 would expose 124.00 important support in the short term.
Sell rallies towards 126 could be s good strategy with 1:2 R:R
EJ Double Top SetupPrice in a downtrend on the 15 min. Price came up to the previous lower high very strongly but doji’d showing price ran out of steam and momentum could shift to the downside again. Looking at the 5 min you can see a double top. Going to target the Lower Low and see how this trade goes.
Even if this trade loses, its with the trend and a good sell setup either way👍🏽
Eurjpy is now a buyEurjpy broke the previous lower high and is making the higher high on the 15min. I am going to wait for price to either hold above the level its at now or pullback for an entry on the retest and would make the higher low. Going to target 40-60 pips depending on where my entry is at. Look for a 10-15 pip SL. Price also double bottomed on the 1H.
EURJPY H1 SHORT PRICE ACTION FORECAST After the breakout and retest of the ascending trendline, the pair shows confirmation of a bearish bias. We could now expect a retracement towards the consolidation area and previous resistance level to further downward movement towards the previous low.
The short setup could have the following elements.
The order:
Type: sell-limit
S/L: 27 pips - R:R | 1:3 -
T/P: support level
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