Eurjpysell
eurjpy - short -- i am already in trade but never publishedI have been riding his short from the very top.. It has broken major trendline resistance, expecting a pullback or may continue to downtrend.. Targets on chart..
Please hit LIKE to support and follow for more ideas.
Vinny
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
EURJPY Daily shortThe EURJPY pair is downtrend in weekly and monthly. The daily uptrend should have a retracement down to the Daily Fibo 618 line. But it has to break monthly support first.
EURJPY 200 pips trade aheadEURJPY broke out the downtrend line earlier this month, price action is making marginal highs, i am expecting a pullback to be setting up for a test of the downtrend line. Look for sell setups.
Happy Trading.
#eurjpy dont lose your time check this out ready for sell again #eurjpy sell again with our forecast
EURJPY short profit taking for the last day of the weekThis could be short profit taking on friday. Bad risk reward ratio in my opinion but it should be a safe trade
EURJPY If break this trend line then goes to touch next support EURJPY If break this trend line then goes to touch next support 128.100 level.
EURJPY short speculationEURJPY is in a bearish trend.
Shorts either at CMP or after a minor pullback depending on how price action reacts.
EURJPY Short hello traders today we are looking at #EURJPY, we broke trend-line/ rising-wedge because of that we will look for any #Short positions. Upon any correction on this pair look for a short position. i will also Comment a daily chart regarding this trade. If you have any questions please contact us via Private Message or via comment. -Professor
(Sell) EURJPY Trade Plan for March 27, 2018Time to trade with the trend. Sell Euro and aim for 128 and 122 in the coming days or months! Stop loss at 132
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!
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.
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.
EURJPY Bollinger Band Spike and Multiple Rejections To The TopHi traders,
Similar to the EURCHF, I see a wonderful Bollinger Band spike together with multiple bullish rejections, thus, I am expecting a downside until the 50% Fibonacci level. My first position has been added already, now waiting patiently for the break of the support area to add to another trade. We might see a retest first before we go down.
(This is not a trade recommendation!)
EURJPY H4 *Potential Head & Shoulders Pattern*Currently have what looks like a retracement on the downtrend with EURJPY , up to the 50% zone. It is also sitting around a support / resistance at this level too, there is the potential for a head and shoulders pattern to complete, with indicators showing the bull power slowly running out. This could start the final leg of the right shoulder. I will be waiting for a break of the neckline and re-assess how it looks then, if it is all good then I could short down to the supply / demand zone which has been proven to be a strong turning point for this pair over the past few weeks.
NFP today to so it could blow everything out of the water!
EURJPY H4 *Possible Head & Shoulders*We have a potential Head and Shoulders pattern forming on this pair, with the right shoulder forming and ending at around the monthly support of 131.000 level. This would coincide with a large demand area for the pair to then turn bullish and begin climbing to the upside. If it breaks the daily pivot level of 132.665 and closes under it I will look at shorting this down to the 131.000 psychological level. Then look at potentially a long if the pattern completes.
EURJPY H4 *Short Opportunity*Currently rejecting 0.382 Fib level at 132.21 3 and I think this level is going to hold, potential short with an entry around 132.000 and if price holds out past daily trendline then this pair could continue to melt down to 130.400 area.
EURJPY Break OutEurJpy is showing a nice break-out on the 1 hour time frame and seems to be heading back to 132-132.50. Use these as possible take profits. A stop should be at 131.40 the next support
