My last trade of the week EURJPY long. Sharing the last trade I've taken of the week before I log of for the weekend.
Trade in progress on our EURJPY H1 strategy.
Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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The stats for this pair are shown below too.
Thank you.
Darren.
Eurjpylong
expect it go to up for some retrancementwaterfall should have a pause at here to form a double bottom. 129.821-130 was a very strong support/resistance zone in the past, so it should play the same this time. If double bottom does form, I expect it to go way up to 131. There's an ill formed M pattern in the past few days on 4H so if it validates, the it can go way back up to 131.5
GL (My trade got activated as I typing right now)
EUR/JPY | Potential Upward Movement 🚀 Technical Analysis:
The pair managed to break the descending channel to the upside with the help of a double bottom formation. A lower correction could be seen to the highlighted zone before a rally all the way up toward the target profit.
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Trade Idea:
Buy Limit Order @ 131.78
Take Profit @ 132.11
Stop Loss @ 131.66
Trade Safely 🙂
up continuation expectedRSI on 1H, 2H and 4H are rising up whilst daily is still low, that gives potential for EUR/JPY going up further, although it does have high possibility of goign down considering the horsepower on the daily timeframe.
The immediate expect target would be 131.937 and if that is achieve, it will be most certainly going up to 132.371. If break 131.60, you can either change your SL to below 131.2 if equity allows, or close this trade at loss and immediately enter a sell. I'm bias in long on this pair (for now)
Tuesday: EURJPY - Week 26Hello Traders! Check Related ideas for market context!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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Monday: EURJPY - Week 26Hello Traders!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
EUR/JPY Running In 60 Pips From Last Analysis, Did U Catch It ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
4 June: EURJPY bearish play seen Hello everyone!
Seeing bearish momentum on EURJPY here, prices could see a pullback to test the entry which is a key support-turned-resistance zone, in line with the descending trend line and fibonacci confluence levels. In terms of market structure, the support area is broken and we could see a further downside here.
What is your view on EURJPY, are you bullish or bearish on this pair? Write in the comments, I'd love to hear them!
EURJPY IdeaG'day Guys
Today we going to analyze EURJPY. Finally, a Solid and strong uptrend was a break. I have been monitoring this pair for some time which is impossible this pair will continue to rally without deep corrections.
Today I expect this pair to create/ retest the broken trendline before continue to bearish. As expected, last week this pair was creating an HNS formation and get another confirmation on fundamental data release.
Today we looking for around 1++ pips retracement target profit until the MRZ (yellow) zone. Then after that, we going to wait for confirmation before executing another Sell position.
"Dance with the market movement"
Let's see what happens next.
EUR/JPY Finally Find A Good Support To Go Up Again !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions