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Eurjpysell

EURJPY Short Trading Idea (Sell The Breakout)See screenshots below showing the price action on daily, weekly and monthly timeframe. I believe price will drop to the lower trendline and on the 4-hour timeframe, we have a clear break & retest, giving us the opportunity to jump in on the sell. Let's see how the markets open, we want to minimise our risk as much as possible so if we gap up, it will be an advantage for us. This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Short
by AEFX786
EURJPY Sell Opportunity...Guys EURJPY Possible downward Keep watch and take profit Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation. I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities. Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
Short
by sakthideva
EURJPY following ABCD pattern? Hi Guys, Here's another EURJPY trade pattern that i found quite interesting. If you look at this chart, we can see that the price has reach the 0.618 level followed by a pullback to the 0.786 level, which then continues a its down trend. I would wait to see what happens when the price hits the trend line, and make a decision from there. However, i believe that this chart is following an ABCD pattern. T/P at 123.69 S/L at 132.89 R:R at 2.2 Pleased don't trade more than 2% of your capital Cheers!
Short
by jtanum
EUR/JPY breaks 200-DMA support, slips below 131, stay shortEUR/JPY breaks below strong support at 200-DMA at 131.23, bias lower. The pair has slipped below 131 handle to hit session lows at 130.89 (lowest since Sept 15 2017) Technical indicators are bearish. RSI and Stochs are biased lower. We see -ve DMI dominance. Momentum studies are heavily bearish, but Stochs are in oversold levels so caution advised. Violation at 200-DMA raises scope for further weakness. Scope now for test of 38.2% Fib at 128.85. On the flipside, retrace and close above 200-DMA could see some consolidation. Breakout at 20-DMA invalidates bearish bias. Support levels - 130.60 (Sept 15 low), 129.37 (Sept 6 low), 128.85 (38.2% Fib retrace of 114.85 to 137.506 rally) Resistance levels - 131.23 (200-DMA), 131.35 (5-DMA), 132.15 (23.6% Fib), 133.16 (20-DMA) Good to go short on rallies around 130.90/131, SL: 132.15, TP: 130.60/ 130/ 129.40/ 128.85.
Short
by FxWirePro
EURJPY profit target reached perfectly, prepare for further dropSell below 135.14. Stop loss at 135.53. Take profit at 134.28. Reason for the trading strategy (technically): Price has dropped perfectly as expected and reached our profit target. We now see major resistance at 135.14 (Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this level to push price down towards 134.28 support (Fibonacci retracement, horizontal pullback support). RSI (34) sees a bearish exit recently signalling that we should be expecting some bearish momentum in line with what we’re seeing in price.
Short
by MEX_Exchange
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