Eurjpyprediction
EURJPY, Big Picture..!T.A Review:
Symmetric Channel Formation
127 seems to be rejection zone
Falling Wedge on Lower TF.
If 127 holds then we'll be dipping hard till
122-123 atleast
Else
If breaks above and holds then 130 incoming.
F.A Review:
Dollar strengthens and Covid can't be ignored.
FED decisions, NFP,ISM and PMI are on the way
as well. Market will be highly manipulative this
month.
EURJPY possible bullish target 127.90professionals increased 5% short jpy by last week. Commercials increased 1% long positions as well. Net Impact of 6% short in jpy. one & five year bullish extreme jpy as well. 17th January weekly bar is key reversal bar made a new low closed off the high. 24th weekly bar is Insurance bar dictating continuation bullish rally.
EURJPY- Sell Trade Start << Lets WatchDisclaimer:
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management.
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Thank you for your support!
EURJPY ANALYSISEURJPY ANALYSIS
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Idea is not the financial advice!
EURJPY Waiting for price to pull back to the the demand area of 125.140 which is also the low of the previous week. Target is in the 127.420 supply area.
EURJPY / LONGPrice bounced off the trendline so we can go long, if the trendline is broken we can look for shorts
EURJPY ANALYSISEURJPY ANALYSIS
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Idea is not the financial advice!
EURJPY, having some pullback, long when touches supportEURJPY, a healthy pull back, long if it touches the area level of support!
EURJPY BUYTake a buy on eurjpy as it consolidated few hours and showing rejection candles , it is expected to go long . Its a high quality trade and will give atleast 50 pips .
If you want to learn this strategy just drop a comment 🙏
( Falcon Strategy )
EURJPY Buy Plan | Entry details in description EURJPY Buy - Entry- 126.755 SL- 126.086 TP- 128.762 NOTE - Please do your own analysis before taking this trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
EURJPY MASSIVE SWING ( DONT MISS THIS ONE)Through back, we had a price that was trapped inside a bearish channel and then price changed direction immediately after tested the overall support, Currently price has break the channel and has provided impulse move to the upside let's wait for a RETEST before Longing EURJPY
EURJPY H4 view PREPARE TO TRIPPLE YOUR ACCOUNTS WITH EURJPY EURJPY Will go short after RETEST however in overall we are looking for BUYING ( SWING)
EURJPY BullishAs we can see a range market since 2/12/2020. Now market showed us a Elliiot wave bullish sign.
1st it will touch support line or TL then it will shoot.
EUR/JPY Technical Analysis
The counter has broken out of the critical resistance of 126.8-127.
Further, it has broken out after strong consolidation in the form of flag patterns in price action and RSI indicator.
Hence, we expect the breakout to sustain and catapult the prices higher.
