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Eurjpysell

Eurjpy correction completeHi everyone in the Trading View community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:EURJPY We can see market testing its trendline and in a correction phase. So we are expecting more fall from its resistence TL. This is my opinion, I really hope this will be useful for you. This is not a financial advice. Always take trade at your own risk, Be ready and take care your money. Have a great profit ! Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence
Short
by Theranasaramd
SHORT EURJPYStill Short EURJPY at 136.30, Just zooming in on the chart a bit to give a better idea of what we are seeing. EJ is back below the 136.31 Fibbo resistance as well as below the downward trend line which sits ust above that fibbo lvl. We saw it test both of these levels briefly and is now back below suggesting that the top is in place for now. The support comes at 135.50 is lvl (upward trend line of the triangle, and if we break that, we can see a move to 135 and possibly even to 134.
Short
by WhosPipsAreTheseAnyway
SELL EJ FOR 900 PIPS, MARKET CRUSH!!!From the day timeframe, we can see a perfect head and shoulder from the legs of 7th March, 2022. head got cupped at 138.31/136.78 (not expecting a buy into any of the listed zones above). A sell into 130.100, other way round a possible sell into 125.58/124.40 to complete the second leg! * Price bounce at 133.210 has been completed. Hence it now serves as a breakout price point of sell for EJ!!! --- From the 2H TF, descending triangle formed with a prefect entry. waiting for it to be completed at 125.60 Hence, we're shorting EJ to a RR of 1:7.4, perfect risk to reward ratio! NB: red box--rejection zone blue box--breakout zone yelow box: demand/supply zone
Short
by DAdepa
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