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Eurjpyprediction

We are waiting for a strong uptrend in 3rd Wave.In the daily chart, the downtrend has ended in the range of 109.21 and the price has completed the first 5 wave in the range of 137.50. The downtrend in the B / 2 wave with a form of 3 structure and the Ending Diagonal pattern has been completed in the range of 114.42. Then the first wave from point C / 3 is completed and its corrective movement has ended in the range of 121.61 and 3rd wave from this point has started. Currently, we can have a buy order on this currency with a loss limit in the range of 119.50 and the first target can be 133.07. which is too long-term target.
Long
by NirmataFX
1000 Pips Movement BonusWith price ascending to the area of 127.05, three corrective uptrends have been completed and the price is ready to drop further. The range of 127.07 is a very important area: In weekly time frame, this range hits the bearish trendline, which is located in the 50% Fibonacci range, which increases the advent of a downtrend. To confirm the downtrend, the price requires to cross the range of 123.01, when this happens, the downtrend line will break out (the red dotted line). However, if the price can be closed above the range of 127.07, this analysis will be nulled.
Short
by NirmataFX
3
EURJPY H4. This Analysis Based On Price Action Theory.We Have an Analysis Of EURJPY H4. This Analysis Based On Price Action Theory. According to Multiple Analysis, We Can See That the Market has a Bullish Direction Because The Market Price Already Decline From the Previous support level@123.769 with the Trend line also Retest. So according To This, we have a new retracement area @125.039 so if wanna sell so please wait for the move For More Confirmation, You can see that Bollinger Bands, Fib Retracement & Super Trend The Both are reflected Market Bullish Pattern I Request to All Before The Trade You Also Match You're Analysis With As If You're Set up Match Then You Can Trade. Thanks Regard shivamfx Technical Team Note- Please Take Only Two ✌️ % Risk On Given Analysis
by shivamfx