EURJPY ANALYSISEURJPY ANALYSIS
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Eurjpysell
EUR/JPY SHORTThe price was ranging since December 2020, and recently broke a key support level indicating that the price is going to be decreasing.
I expect the price to retest back to the previous support it had broken, then decreasing further down till the next support level as the grey path shows. Or instead of retesting back to the support the price would just fall to the next key support.
EURJPY - SHORT; SELL it here!This is definitely done here, for a while.
Of course this is the better SHORT, also the best single trade of 2021!...
... Also, because of this;
Ultimately, this pair will be still a Long until it's fully done.
Potentially there will be a good Long Entry once this short meets it's target, first.
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 SELLThis is EURJPY 1H timeframe analysis, i'm expecting the market to sell for about 80 PIPs before buying.
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.
EURJPY SELLThis is EURJPY 4H timeframe analysis, i'm expecting the market to go down for a retracement before it'll go up.
Hi traders. Possible bull trap formingHello Traders, Avramis Swing has suggested a possible Bull Trap forming on EUR/JPY H4 Chart @125.774. The Fibonacci levels outline potential targets, with an invalidation level at around 126.729. Let us know your thoughts in the comment section below. We will execute this trade once all our rules are aligned. We suggest keeping this pair on your watchlist.
Trade Details
Entry: Sell Stop @125.774
Stop: 126.729
Target 1: 125.211
Target 2: 124.256
Target 3: 122.699
Time Frame: H4
Trend: Down
Pattern: 11
Overall score: 5
We suggest closing half your position @Target one and moving your stop loss to the breakeven level.
Leave the remaining position for Target two.
EURJPY SHORTLooking like a short as various test of the 4hr supply zone. looking for short targets of 125.000 - 123.000
EURJPY - SHORT; SELL it right here!This is coming off of a major Double/Triple Top on the daily with not much under it.
Right now probably an equivalent trade (in magnitude) with the AUDJPY short but probably a faster drop.
One can use <25 pip stops here until it fully breaks down - which shouldn't be long.
Here is the Daily
EUR/JPY Wave Analysis
The counter is currently in a short-term bull cycle.
It is now in a consolidation phase which could be termed as wave 4.
We expect the pair to surge to the high to complete wave 5.
EUR/JPY SELL IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
EUR/JPY: Daytrade-Preparation
Market-Sell: 126,050
Stop-Loss: 126,550
Point-Of-Risk-Reduction: 125,625
Take-Profit: 125,050
Stop-Loss: 50 pips
Risk: 0,5% - 1%
Risk-Reward: 2,19
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Peace and good trades
Irasor
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EURJPY, daily tf, sell on strong resistanceHello my friends,
As you can see there is an inverted head and shoulders pattern in this pair.
Price broken above the neckline and continue to shoot up without retesting those neckline.
In my opinion, this impulsive movement will soon exhaust and get a correction because price just shoot above the neckline without retesting it.
After marking our horizontal level support and resistance, we could start trading between those zones.
Right now i think, price pretty much overbought and exhausted.
It is shown by previous daily candle which was rejected from 126.45-126.75 resistance area.
I think it is about time price retrace to retest those neckline at 125.00 area.
I am going to sell this pair in order to capitalize this retracement.
Sell EURJPY 126.45
Stop loss 126.85
Take profit 125.05 (3.5R)
RR ratio 1 : 3.5
Use only 1-2% risk
Good luck
EURJPY - ShortPrice possibly can sell off. Price has reached a weekly resistance, price ended up forming a Head & Shoulders at that resistance (126.750). Currently price is in an descending channel, price sold off from trend line resistance. Its possible price could be forming an bearish flag on the LTF.
Price could sell of to 121.750, if price breaks support it could head to the next support 120.500
-PMGAI
