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Eurjpylong

EURJPY LONGS📉📉📉📈 Expecting bullish price action on EURJPY as price takes out sell stop liquidity where a lot of retail stops where, also price takes out liquidith below the psychological area 128.000 and closed above with a high bullish momentum on H4, i see a retracement on the JPY INDEX meaning JPY should go down and EJ would go up. RSI/Stochastich Indicator are below 20 area meaning a reversal should occur because price is oversold from a mathematical standpoint. 7 What do you think ?
Long
by AnonimFXRO
TRADING EURJPY: LIVE ANALYSISFor More Daily Detailed Analysis, Go ahead and Click on the Follow Button. If you have any questions about the analysis, please do ask them in the comments section below. Our EURJPY charts have shown a clear fall in recent days away from key moving averages as Traders Flock to safe haven assets like the Japanese Yen. The fall in the value of the Euro in this particular chart has showed fast momentum as market sentiment grows ever riskier. The current fall has taken us to an area of key price action and Market Memory, giving us a clear bias to the longside. We can look for Long entries as we delve into this particular zone, awaiting entry confirmation. This is going to come as market sentiment changes AND buyers move into the market exposing the value of price at that particular point far away from our key moving averages as seen. We can Trade wisely inline with our risk amongst current market sentiment.
Long
by WillSebastian
EURJPY TRADINGFor more Daily Detailed Analysis, click on the follow button. As the Currency markets open this Morning we have seen various harsh moves. The current sanctions placed on russian banks amid the global tension escalation has caused a fall in lots of different FX pairs. It is therefore appropriate to adjust our risk Via position size changing and spacing out. As you will have seen me say in various posts, be READY for it.. It's the best way. Being prepared BEFORE something happens is always preferred.
Long
by WillSebastian