EUR/JPY: Bearish structural breakEUR/JPY: Bearish structural break
> trendline break
> LL outside of structure
> BOS + ChiS
> generell JPY-strength
Meikel & Your team WSI
Eurjpyshort
EUR/JPY Short analysisI was waiting for the tripple top to be created on the pair EUR/JPY and to look for short opportunities. Soon as I got signals by candlesticks confirming the trend getting a reversal, I entried.
As you can see on the chart, TP1 has been achieved, and we'll see how the market goes in the next days and I believe likely it will go at the TP2 zone. This of course should be controlled and see how the market will react.
Enjoy, and feel free to make a comment/suggestion/critic. They'll be welcomed.
Thanks.
Area to trade EURJPYEURJPY is still looking for which gap it wants to be closed. Here are an overview of the area you want a short or go for a long. Make sure to enter after you find the best change of character on a lower time frame. Don't forget to give your thoughts down below. Cheers.
EUR/JPY-SELL STOP ENTRY 141.200 - Risk Ratio 2.1LIVE TRADE SIGNAL:
SELL STOP: 141.200
RISK RATIO: 2.1
HOLD PERIOD: 4HRS - 3DAYS
TRADE TYPE: DAY
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Technical Analysis detailed from Chart price action, overlays and indicators.
*leave comments or message me about how I can improve information I provide. Safe trading.
CHART: Price formed a respectable downtrend ( consistent lower high and lows ) Previous breakout of support level and during the price retest around 141.600 (previous support/new resistance) price crossed above immediate downtrend line.
MOVING AVERAGES : Both short and long term meets ( indecision ), price above moving averages but closing gap.
VOLUME: More selling than buying volume in the most recent days.
Stoch RSI: Sloped downward, short crossed below mid level, long is at mid level. There is a nice amount of room for price to fall to/slightly below trend line and slightly above support level.
VI: Bullish; moving averages indicates price is deciding which way price should go ( indecision; confirming trading range and supports range levels to eye for breakouts )
SENTIMENT: S/T short, seeing price reach just below trend line or current support level )
Entry: Sell limit 141.200
Risk Ratio: 2:1
Week 4 assignment (EXHIBIT D) for EURJPY by PROSHERIFF3 black crows have been identified on the 15-minute chart. A RR ratio of 2:1 is set for the trade.
Mon 3rd Jul 2022 EUR/JPY Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/JPY Sell. Enjoy the day all. Cheers. Jim
EurJpy Back To 137-138?As long as stays below senkou A (the risk area I mention here) it is very possible for EURJPY to go down below 140 (probably 137 to 138 area). MACD is showing bearish mode. Future cloud of ichimoku is indicating bearish mode too.
Trade well. Trade wisely. 🙏🙏🙏
EURJPY Set UpsPrice action will determine which one these entries that I take! I trade my USD pairs between 9am-12pm EST.
EUROPE / JAPAN Technical AnalysisAfter carefully plotting both Daily Highs and Lows I was able to determine the DAILY Channel.
From there, I used the AM All-In-One Indicator and Ray Tool to create a channel from the HH and LL.
This created an upward trend and a flawless channel that was validated through a Fib Channel .
From there, I used a Fib Retracement to find a perfect entry.
All this was also validated by Fundamental and AlphaMind Analysis.
@alphamindtrading
EURJPY Set UPI believe price will revisit 144! From there I will look for a break above OR break of the trend line.
ShortWe should expect price to come back to the resistance level for more liquidity to push price down further.
EURJPY Set UpHere are some of the scenarios I see for EJ. I prefer JPY pairs as you can tell :). That being said, I will wait for one of the 2 entries. Yesterday I predicted 144 and EURJPY has done just done. Next resistance is 145 on the monthly should price break and retest above.
EURJPY | BULLISH BIASEURJPY has been facing minor resistance at 143.000. If the price successfully surpasses this level the next resistance lie at 144.200.
We think the momentum looks pretty strong and the price will break all levels.
The immediate support lies at EMA100 and the rising support level
EURJPY ready for short position Hi guys.
I'm looking for sell trigger in 2H order block and that sell zone.
we have 3 TPs as you can see in the picture for our shorts positions
EURJPY 😶What do you think family ??
Kindly, like, comment your thoughts, and follow for more content🙏
EURJPY Potential Symmetry 4h1. Fib Channel - price action potentially inside of fib channel
2. AB=CD - potential AB=CD structure inside of channel. AB handle of 95 bars, potential symmetry with CD handle of 95 bars
3. Fib Projection - AB handle with 100% fib projection, CD handle potential 100% fib projection
4. Date & Price Range - symmetry between the 2 bearish moves within AB handle (25 bars/6days + 526 point drops). Potential symmetry between 2 bearish moves in CD handle
5. Price Target - watching bearish push down to resistance turned support and all of the above CD handle projections at 137.20 - 138.00 range
EURJPY 4 HourlyEURJPY has recently formed an evening star candlestick formation on daily. It is also showing divergence on RSI. I expect when the current liquidity is grabbed about 61.8 Fib level retracement, it is going to fall toward the demand areas as stated on the chart.
EURJPY Waiting for one of the 2 scenariosEURJPY looks to be in an uptrend based on the 4 hours. I will continue to watch the pair for one of the 2 scenarios above. That'll determine whether I buy or sell EJ. Let's see how next week plays out :).
