Eurjpylong
EURJPY Hit All Targets +140 Pips , When It Will Go Down ?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
EUR/JPY Running In 100 Pips Profits , Will Continue ?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
EURJPY longs after price action on this pair you can see the weekly lvl we have broken up and out of, what i have done is take a fib from low to high and you can see we have fib confluence in this area we also have atr right on this zone this to me is enough confluence to look for lons from this lvl
EURJPY looks poised for another 200 pips in MayWith this month ending in a few days, I'm preparing for May.
The yen looks the most definitive heading into may, and it looks bearish overall, with that in mind, combined with EUR strength, EURJPY should rise.
When we look at structure you can see that we have what I will call "never ending exhaustion" EURJPY, looks like its getting tired, but it just keeps going up in a ugly fashion. I hate this type of behavior to be honest lol.
I think the next logical price we see actual sell momentum step in is at the green prices, or just above them.
Until then I'll be watching the H1 and H4 for buy opportunities.
The way we tested the prior point of control tells me the banks added more buying positions, and will continue for the next week or two.
You don't need to predict the next 4 moves in the market to make money. You just need high probability.
EURJPY looks highly probable for 150-200 pips, now just drop down on the smaller charts and pick it apart until those pips get eaten.
Logic:
Institutions need to close positions at the red line.
Green lines are where possible retail buy limits are sitting.
Good luck,
-Gio
EUR/JPY Trying To Close Above Our Res And Long Setup Available 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
Extreme trader sentiment points to possible EURJPY uptrendThe Trend Follower Strategy has just bought EURJPY at 130.681. The system recommends entering this trade at any price between 130.531 and 130.831. The signal was issued because our Speculative Sentiment Index is extremely positive, with a value of -1.519. This suggests that the EURJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.6, so the stop loss has been set at 130.081. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Trend Follower is a trend trading strategy that aims to buy and hold rising currency pairs and to sell short and hold falling currency pairs. The strategy looks to buy when the Speculative Sentiment Index is below -1.5, and looks to short when it is above +1.5.
Signal ID: 75873
Time Issued: Tuesday, 27 April 2021 00:00:15 GMT
Status: open
Entry: 130.531 - 130.831
Limit: N/A
Stop Loss: 130.081
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EURJPY: Break and retest entryGood morning all, as we can see EURJPY is currently retesting the same key level which shows there is a large number of bulls trying to enter the market.... However, let's not have itchy fingers and place a buy order on the break... I say we wait for a retest and failure for bears to push the market back below the current key level will give me a solid sign that price will move in our favored direction. I will enter twice should both opportunities arise.