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Eurjpyidea

EURJPY , Its time to sell Hello everybody In this chart , we have zone that support price to go up and now this zone changed to resistance and pullback to it and now its time to sell Another reason for take this sell position is the key ( Key : its the zone that can change the trend ) We are only positioning that follow the trend , the trend is downward and now we are only selling because of the trend change and have pullback , its time to sell Dont forget stop loss and save profit and risk free your position Good Luck Abtin
Short
by Abtin00
EURJPY Dual-Direction AnalysisWait for confirmation on level 129.500 for buy/sell Overall Reasoning: - Level 129.500 has shown good reactions in the past (Scroll back to see) Sell Reasoning - Trend line was broken with a strong bullish push causing a S&D imbalance which is expected to be filled and retest trendline - Overall trend is still bearish (Unless price rejects level 129.500 and moves higher) - Wait for a break and retest of 129.500 level to sell. Buy Reasoning: - Price formed a long-term double bottom on level 128.000 - Broke previous lover high (Red), waiting on a retest. - If price retest level 129.500 with bullish confirmation, look to go long. (Aggressive) - Wait for a considerable retracement between 129.000-129.5000
by NoahXBorg
EURJPY Forecast1) Top-down analysis Monthly - Previous monthly closure, Potential Inside bar and does not fill the wick of previous candlestick Weekly - Previous weekly candle closure, closed with doji candlestick and Closed inside the range inside of the previous candlestick Daily - Two candlestick rejection on 130.500 (Major psychological level) The bias is still upside due to doji from last two weekly candle. But still it has a high probability that it will go down further first to get some liquidity before going upside. Confluences for downside movement; a. Main trendline third touch b. Major psychological level 130.500 c. 4H Corrective
by Chiguuu