EURJPY might rise to 130 if the support holdsTraders, I found a treasure😁
EURJPY is currently at the strong horizontal support of March 2021. The question is will it bounce up and rise or violate this support and fall to January low? Only time will tell. Where bullish reversal signs get printed on the support we can see a strong recovery, which will push price back up to the high (Resistance) at 130.00. If support fails then 125.00 low will be in focus. We only trade when the market present us good opportunities. When the market doesn't we sit and watch it do its thing, preserving our capital for better days. Hahahaha😁
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Eurjpylong
EURJPY - Buying EUR whilst it is good value.Small Sunday trade to buy EURJPY.
A couple of confluence areas.
Fair value area to fill for the range.
A sensible low risk fibo retrace to the up. Again on the larger time frame.
A higher timeframe trend touch is done (despite local down trend).
RSI pointing up.
Will try grab some at 129.50 target partial then sail over to TP2 (maybe 🏴☠🌊).
We will see, good loot management needed on this one.
EURJPY Trading Plan - 17/Sep/2021Hello Traders,
Hope you all are doing good!!
I expect EURJPY to go UP after this correction
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
EURJPY A1 Long C Grade (Idea)This trade idea on EJ was one of two trdes that presented today, both at 9:15 CAT, 15 minutes after London open. In my notes you can see why I avoid these types of trades, and it has once again saved me money to avoid less probable trades. The other trade was a winner, and fair it did have less knocks than this idea, but it still has both parametres that I avoid trading. Today is another flat day for me but here are my ideas.
EURJPY Long updateTrade was taken, stop loss placed below the wick of the candle that broke the high of the previous candle, partial position was closed at 10 pips with the rest of the runners having a stop loss at break even.
This was a perfect set-up, when we scalp these ranges all we look for are predominantly 10 pips, manage risk and enjoy the day.
Will continue to look for more trades, if this idea helped you out please leave a like and let me know what you think!
EURJPY buy ideaNot much analysis to go over with this potential trade, we are currently trading within a range where the resistance is signifacntly strong meaning any bullish momentum beyond this could be a continuous move to the upside.
The key here is to watch out for potential fakeouts that we have seen over the past few trading days, the market is having a blast with fakeouts in ranges so it is important we only take trades with high probability set-ups.
As always, if you like this potential idea and have any feedback, please leave and like and comment. If you have any requests for pairs or suggestions feel free to let me know, I'll be happy to get back to you :)
EUR/JPY : SWING PRICE ACTION - PRICE IS GROWING ! LONG SETUP ⚡️Hello Everyone, I hope you'll Appreciate our Price action Analysis !
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EURJPY: Two Trading OptionsThis is an illustration of the two potential trading scenarios that may present themselves in this region.
Option 1
Price fails here after wiping two previous high liquidity points and comes back to mitigate buyers before rising again.
Option 2
Price pushes higher to regain liquidity from some long term sellers before continuing bearish down to the structural region.
What option are you going for?
Trade idea - EURJPY BUY opportunityAnticipation of the Golden cross(Crossover of 10 moving average over 20 moving average) occuring on the daily chart.
This setup convinces us to go long on this pair and we have a bias to BUY this pair above 129.50 with the view that it will cross 130.00 and beyond.