Eurjpysell
EURJPY - FOREX - 28. NOVE. 2019Welcome to our weekly trade setup ( EURJPY )!
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1 HOUR
Bullish price action
4 HOUR
Prices pushing towards previous resistance zone
DAILY
Overall bearish market in a bullish pullback, good short entries, holding 4 positions short in total.
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FOREX SETUP
SELL EURJPY
1ST ENTRY @ 120.290
2ND ENTRY @ 120.460
SL @ 120.770
TP @ 119.770
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
EURJPY D1 OutlookEURJPY D1 Outlook
**Disclaimer**
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.
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Thank you for your support!
Tradewithsam
EURJPY approaching support, potential for a bounce!
EURJPY is expected to drop to 1st support at 120.731 where it could potentially react off and up to 1st resistance at 120.039.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURJPY SELL/SHORT 1D Divergence + StopHuntThis trade set up is giving us multiple confirmations which include:
EURJPY:
Divergence On The Daily
StopHunt On The Daily
Indexes:
EXY(Euro Index)Showing Signs Of Weakness
JXY(Japenese Yen Index) Showing Signs Of Strength
Use Proper Risk Management
ALL GLORY BE TO THE MOST HIGH!!!
EURJPY reversed from resistance, potential drop!
EURJPY reversed off its resistance at 120.340 where it could potentially drop further to 118.770.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
EURJPY 240MHello traders!
This trade is in play, 1st of the week. There is a 40 pip target between lines C and D,
although my current target is set at 80 pips from the C line because price is coming
off a three point decline from line A. I will take full or partial off at the C line if price
reaches the 1st target.
This trade can also be taken with a sell stop order as a set&forget setup.
It`s recommended to position stop no further away than 1:1 RR away from entry, although this
may vary with markets and volatility.
Best,
Jay
EURJPY reversed from resistance, potential drop!
EURJPY reversed off its resistance at 120.340 where it could potentially drop further to 118.770.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
EUR/JPY - Breakout Plan Price is currently being held above by the 120.400 key level support . We are looking for sell opportunities in this area only if price breaks below. Also to note, price is in a rising channel pattern.
if price does break to the down side, we can expect price to fall to the zones drawn on the chart.
TP 1: 119.900s
Tp 2: 119.200s
EURJPY to reverse from downside confirmation, potential drop!
EURJPY to reverse from its downside confirmation at 120.340 where it could potentially drop further to 118.770.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.