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Eurjpylong

EURJPY, We are in sell boxHello everybody If you want to learn Fundamental & Technical analysis send us messages in private (Our id is in profile) According the chart, in our idea time frame the trend of the market is being weak to move more upwards and we are now in sell zone area. You can take sell position and after that put your SL and wait until the target reach. We will try to update more target but risk free your position and manage it . Good Luck Abtin Previous analysis :
Short
by Abtin00
Bullish market formingRecently we have spotted a bullish market forming on EURJPY as the support is holding very well and there is bullish flag pattern forming. We did enter the market when seeing this on a long position. Using the 130.xxx area of the market as a support, while expecting break trough "downtrend" resistance. Aiming: 133.3 area SL: 130 Our entry is around: 130.18 Let us know your idea :) Actively looking for like-minded people to help us with our analysis and help other traders.
Long
by AzureTradingFX
EURJPY analysis with 2 TPs 03/03/2021as we can see this instrument was up trending in an ascending Parallels channel and there are no majeure resistances on its way, so we can speculate 2 TPs where we may have some Resistance so we can capitalize our positions there. one of the most important confirmations are that the price has touched the Fibonacci projection 161.8% extension level and there is a convention that, once the price touches this level there are over 85% of chances that the price will continue its rally to 261.8% of the same Fibonacci projection, where it has confluences with our Price Action defined 1 TP.
Long
by BitonGroup
6
EURJPY | Use the Pull Back to get in.When it comes to EURJPY , a while ago, we've seen a strong impulse to the downside. And got rejected from a previous resistance area, which is now acting as support. Looks like we don't have any resistance till T1. I think T1 area is also a tad weak; so there is a good chance price might break T1 and move towards T2. So you should be cautious when price reaches T1. If price breaches T1 then you could keep the position till T2. If not, make sure to close the half of your position. If you are going long, please make sure to place stop below the previous support area. And only buy when you get a pull back. If you find this technical analysis useful, please like & share our ideas with the community. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Long
by maxprofwizard
EUR/JPY--- ATTEMPTING Y133 LEVELThe euro has had a very strong week against the Japanese yen, closing near the ¥131 level. It now appears that the Japanese yen itself is in trouble so this could continue going forward, at least into this week. At this point, I would not be surprised at all to see this market make a serious attempt to get to the ¥133 level, especially if we end up having more of a “risk on week”, which I do think will probably be the case as traders put money back to work after the holidays.
Long
by SmoothJB
1