EURJPY - Short#EURJPY Weekly Time Frame Setup
In This Chart EURJPY will go Down to touch the support area of this channel.
Eurjpyshort
#EURJPYAn Elliott scenario in daily time can be considered as a bearish trend for this currency pair. At present, wave 2 correction or b has ended and we can be in wave 3 ascending trend or C in descending trend.
EURJPY - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on EURJPY.
Technical analysis: As we can see here we are in a bearish market structure after the change of character, so I am looking for shorts. I expect price to continue the retracement to fulfill the imbalance higher and then to reject from bearish order block.
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EURJPY will meet with its resistance SOONEURJPY might hit the resistance within 12 hours' time.
We should wait and see and look at the indication if there is any bearish divergence, then we can consider open short position for EURJPY.
The target price will be around the green area. (Using Fibonacci retracement)
Will update with the trading plan later.
Thank you.
Good luck!
EURJPY SHORTS - BEARISH MOMENTUM!Waiting for a retest of 142. to short EURJPY back down to weekly swing lows at 137.547
If you agree drop a like and if you have any questions leave a comment :)
EURJPY SELLHi fellow traders, EURJPY is completing this WXY correction in a flag pattern . Look for a move down from the blue box area and target the support levels. Good luck and trade safe!
EURJPY Looking forward to a Short Position.The JPY has been currently gaining strength, as we head towards BOJ policy rate and USD news, There has been formation of triple top on the 4hr time frame, signifying an end of trend on the smaller uptrend that was moving to retest at 145. after a major uptrend break toward the sell side, therefore I'm eyeing a change in direction.
EURJPY H1Here is my view for EURJPY on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURJPY SELLWelcome . The euro against the yen. in a very negative state. With the price reaching an important area. It is manifested in the convergence of the descending horn. And re-test the package that the price broke. With very negative candles on the daily chart, there is a lot of pressure from the sellers to lower the market. To 142,500 levels in the first stage. Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
EURJPY IDEA FOR SELLHere i see a head and shoulders pattern forming,juat need to be patient and wait for the opportunity,this week and last i personally entered just three trades,trading four pairs for now its how much i can handle,working my 8 hour regular job.
EJ ShortPrinciples applied:
1. Multi-touch confirmation
2. Pattern within a pattern
3. Phase Identification
4. Nature's theory
Disclaimer:
Not a signal. For educational purposes ONLY. Use your own discretion.
#Short EURJPYShort position taken on the basis of Dow theory and price action at bearish trendline.
Risk/reward ratio = 1:1
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUY very fast in previous weeks with JPY WEAK after BOJ MEETING. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW.
- Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more.
EURJPY can sell at 140.10 level before buying. After that you can BUY at 148.00 LEVEL. If the MAIN STRUCTURES BREAK somehow, EURJPY price can definitely be BUY at 146.61 LEVELS.
EUR/JPY I hope y'all were able to capitalize on this trade. I entered EUR/JPY, CAD/JPY, and GBP/JPY all based on this TA. I entered my trades at about 11:00 Amsterdam time and capitalized 2:1 on all 3 pairs. Done trading for the week! Time to close up the charts and get back on Sunday night to check the possible setups for next week. Next week is 100% going to be a big one! So let's rest up this weekend and come back ready to make some f!cking MONEY! Peace and love everyone 💕
EURJPY SHORTGreetings traders,
Currently we have a completion of a bullish correction that has corrected the bearish imbalance created late last year and early this year. On the 4HR we have a CHOCH and BOS that confirms our bearish outlook. We are looking to enter the market at 145.01 and exit at 136.76, a 9.8RR.
EURJPY Sell IdeaAggressive Reversal Observed Near 145-146 Sell Zone.
Market Rally Down and Now Retraced to a M30 Bearish OB.
Wait for London Open and Expect a Fall.
Risk Disclaimer:
Forex is only Suitable for those People Who Understand, and are Willing to Take on, the Financial and other Risks involved.
Please Ensure You fully Understand the Risks and Carefully Consider your Financial Situation.
Patience | Discipline | Trade Management
EURJPY Short IdeaConfluence:
Buy Side Liquidity Taken on H4
Wait for BOS on H1 after Rejection from Sell Zone
Bearish Order Block on H4. Rejection in this Zone will Confirm Ending Correction. OANDA:EURJPY
Risk Disclosure:
This is Just Analysis Point of View. Check with your Trading Technique to Minimize Risk.
eurjpy shortWe are in a supply zone, and price seems to be respecting our supply zone, as well as our trendline we will look for shorts
EURJPY Bearish Bias!EUR-JPY has retested
A rising resistance level
From where we are already
Seeing a bearish reaction
So a further move down
Is to be expected
EURJPYEURJPY Short
Entry: 145.150
TP1: 143.700
TP2: 142.600
SL: 145.460 "base on your own risk managment"
For a higher win rate its safer to wait for the trendline breakout, then enter the short position
