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Eurjpylong

EUR/JPY BULLISH I started of by noticing a bullish reaction to a level of interest to the upside in the daily chart. In order to confirm the bullish directional bias, a major accumulation was identified in the 60 min chart. However a minor accumulation within was formed and a trade was taken upon confirmation , in the event of confirming the previous major accumulation an even smaller accumulation was formed and a trade was additionally taken based on it. After the consecutive minor accumulations the market picked up enough momentum to confirm the major accumulation which we are now looking to participate on, given the conditions remain bulllish and the accumulation is not invalidated. For more in depth explanation or discussion. Leave a comment below requesting.
Long
by smilescloud
Long Vision on EUR JPY for 19/08/2021Hello Dear Traders, You find below my analysis for EUR/JPY, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame EUR/JPY will rise to 128.6 as I am showing in my chart. Our Daily Goal is 128.8 . Currently, EUR/JPY is moving towards the support level of 128.3 where there is some liquidity, from this value we are looking for short-term buying opportunities of EUR/JPY. Good Luck and enjoy your Bullish Market for today. Entry:@ 128.2 TP1: @128.6 TP2: @128.8 TP3: @129.1 SL: @127.9 As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment. Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Long
by HugoAJROUCHE
Long Vision on EUR JPY for 18/08/2021Hello Dear Traders, You find below my analysis for EUR/JPY, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame EUR/JPY will rise to 128.8 as I am showing in my chart. Our Daily Goal is 129.1 . Currently, EUR/JPY is moving towards the support level of 128.3 where there is some liquidity, from this value we are looking for short-term buying opportunities of EUR/JPY. Good Luck and enjoy your Bullish Market for today. Entry:@ 128.3 TP1: @128.6 TP2: @128.8 TP3: @129.1 SL: @128 As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment. Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Long
by HugoAJROUCHE
2
Long Vision on EUR JPY for 16/08/2021Hello Dear Traders, You find below my analysis for EUR/JPY, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame EUR/JPY will rise to 129 as I am showing in my chart. Our Daily Goal is 129.1 . Currently, EUR/JPY is moving towards the support level of 128.6 where there is some liquidity, from this value we are looking for short-term buying opportunities of EUR/JPY. Good Luck and enjoy your Bullish Market for today. Entry:@ 128.6 TP1: @128.8 TP2: @129 TP3: @129.1 SL: @128.3 As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment. Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Long
by HugoAJROUCHE
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