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Eurjpylong

EURJPY Falling Wedge pattern? On the EUR JPY currency pair, I detected the emergence of a bullish falling wedge pattern. This pattern gives the possibility that EURJPY will move in a bullish period. I predict the price will move up and have 2 upside targets. My first target is predicting the price will move up to the Fibbonaci cluster boundary. Second, I predict the price will rise to touch the top resistance level of the falling wedge pattern Note : The market will always change, I'm just sharing my view on the possibility the market will go away. If you have a different perspective from your analysis view, let me know in the comments.
by ivanderyoshua
EurJpy= Best place to buy for 1:5 R:RAfter the June high of around 1.34, EurJpy corrected and found strong support in 1.28 zone. October is a recovery month for this pair with the price rising back above 1.3 important figure Now the pair is in a minor correction of the recent leg up and I expect continuation to the upside 1.31 can be a good place to buy and long term traders can target 1.5 zone Recent 1.34 high can also be a good place for TP for shorter-term traders This scenario is negated if the price is closing under 1.2750
Long
by Mihai_Iacob
4
EURJPY: Bearish PennantEJ is currently at the top of a bearish pennant (Monthly/Weekly T.f) the pattern is also visible on the RSI on the Mly T.f The next target is 126.800 . the target after that is 117.740 . We're currently at a fib level. If price is ever to pick up, it'll do so at this level. But i would wait for a break to the upside, then a restest and continuation before buying ( break and retest of pennant or at least 133.100 level.) the next target if that happens will be 137.400.
Short
by FrenchIvory