Eurjpysell
EURJPY - SHORTHave some weird movements on the MACD and Alligator. We can see price has rejected the higher fib level multiple times. We are now looking for a retest of resistance before a definitive drop down to lower fib levels. Also MACD is very smooth not showing any sign of breaking open. Waiting for MACD to open a bearish trend before we enter a sell position.
EURJPYEURJPY is hovering around a key area of support/resistance. Which we broke through and now is resistance, we might see a retest of the area which aligns with my ascending channel. Will be looking for a third tap of the top of the trend line for a short entry if it gets to that in a corrective manner. If it breaks the structure impulsively will be waiting to see if it is a possible retest of the ray line above and will be watching how it gets to that area.
EURJPY Possible Sell/ShortGOLD BOX POSSIBLE ENTRY FOR SELL
1. Restest area of broken support
2. At the 38.2 (right rejection/continuation area)
3. Price could possible wick up into the 50% retracement (LOOK FOR RECECTION FIRST)
4. High confluence area
5. Divergence possibly happening on 4HR
I'll personally be looking for reversal candles/ rejection on 4HR around the trend line (38.2 -50.0 rejection.
EURJPY 4H Possible MoveThis pair rejected the short term top of 124.43. Initial bias remains on the downside this week for 61.8% retracement at 118.24. On the upside, a break of 122.11 resistance level is needed to indicate completion of the decline and bullish bias to start. Otherwise, further falls will remain.
EUR/JPY SELL SIGNAL Hey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
Market-Sell: 121,400
Stop-Loss: 122,650
Target 1: 120,000
Target 2: 119,370
Target 3: 118,535
Stop-Loss: 125 pips
Risk: 1%
Risk-Reward: 2,40
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
EUR/JPY and a potential SELL SETUP Hey tradomaniacs,
EUR/JPY is currently fighting at very crucial price-area.
This potential breakout could cause a continuation to the downside as soon as the marked up key-support-area is broken.
Key-Levels are also marked up in the monthly and weekly- chart below.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
EURJPY short for 220 pipsGood trade this. Price action pushed up to a major level with a bearish engulfing candle printed on the 4h chart. RSI also overbought position. We might see a double top but yes, it looks a good shorting opportunity.
Please have patience on this trade and there are plenty of pips.
Let me know your thoughts.
Trade safe and good luck.
EURJPYTime = 1H
– Structure = Downtrend
– Pattern = Head & Shoulders
– Tendency = Downtrend
** Await market for Neckline breakout
Time = D
– Structure = Downtrend
– Pattern = Downtrend channel
– Tendency = Downtrend
** Above Chart indicated with Heikin Ashi FOR CLEAR VISION
GOOD LUCK
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Disclaimer: Forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors.
EURJPY and SELL AREA After Target ReachedHappy we are, today our target just hit by Mr Price.
Mr Price is still in an UP TREND moving, and has consolidating in STRONG RESISTANCE AREA.
How about BUY NOW..? I do not recommend, bro..
I think Mr Price will have two scenarios.
Climbing up into our SELL AREA and then falling down. Like usual, I like to create a trap:
SELL LIMIT with SL at 121.260 and TP 115.300.
OR..falling down and break our pivot line.
Lets see..
Thank you.
New Yorkarto City
Negeri di atas awan.
EUR/JPY SELL SIGNALHey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
Market-Sell: 119,585
Stop-Loss: 120,100
Target 1: 118,920
Target 2: 118,500
Target 3: 118,190
Stop-Loss: 51,5 pips
Risk: 1%
Risk-Reward: 2,65
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)