EUR JPY Short Setup - Bearish Divergence Play Well. OANDA:EURJPY EUR JPY Short Setup - Bearish Divergence Play Well in 1hr
Eurjpysignal
EURJPY Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURJPY - Bearish Setup - Hight TF Supply AreaPrice has tapped into weekly supply area and a market structure shift on LTF confirming a retracement to 0.382 Fib level and 4H demand level.
Entry: 155.864
TP:153.196
SL: 156.516
RR: 1:4
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EURJPY Day Trade SellFX:EURJPY Sell
Day Trade today
EURJPY Sell 155.969
Top 155.600
It has reached the resistance and moving horizontal so good opportunity to sell
EURJPY: New events!Asian stock markets could fall in Monday's trade as investors await to see if the recent sell-off in long-dated bonds will last and could ease pressure on the dong. Dollar.
The MSCI index of Asia-Pacific shares (excluding Japan), was down 0.02% at 562, but still near the January high of 574.52.
Japan's Nikkei (N225) fell 0.4% after hitting a six-month high on Friday, as Japan recorded a record economic contraction in the second quarter.
E-Mini futures for the S&P 500 were up 0.25%, well below a record-high close of 3,386.15.
US second-quarter earnings season will end with major retailers reporting this week, including Walmart Inc (N: WMT), Home Depot Inc (N: HD) and Kohls Corp (N: KSS).
Politics will be in the spotlight as the Democratic National Convention kicks off the 2020 presidential election season.
🚀 EURJPY | 15m Long 🚀Hello.
Be faster & Stay safe.
🛒 EURJPY - LONG 🛒
📈 15M TimeFrame 📈
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✅ Random Win Idea ✅
EUR/JPY potential triple top pattern : Time to sell?Dear traders, we can see the formation of a potential triple
top pattern in EUR/JPY.
EUR/JPY is currently in the resistance level. So, if we see bearish
price action that this resistance zone, we can consider selling
EURJPY@ 151.30-151.60 with SL above resistance and TPs
at 148.73, 146.60.
EURJPYEJ presenting 2 lovely bullish engulfings on the daily and looking to want to complete the same on the weekly. We are simply going to enjoy the ride up
EURJPY 11June2023there is a considerable possibility to short at the moment. looking at the existing pattern, it could be that wave 2 has formed, you can short with SL restrictions above the invalid area.
A BUY TO THE HIGHEST HIGH ON THE D1there was a BOS to the buy side since weeks ago to the buy side and now we trail it through h4 and m15
so now we see a clear bos on m15 and we ride the buy as we should to the high on D1
DeGRAM | EURJPY test of the psychological levelEURJPY is moving in an ascending channel. The price is approaching a psychological level at 151.000.
The market dropped from this level before creating an imbalance.
Price action created a bearish harmonic pattern, which is an extra conformation.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Have EurJpy topped?From the recent low under 140 and the important 143 resistance break, EurJpy has risen more than 1000 pips.
However, in the past months seems like the pair lost its power to the upside and could enter in a range trading phase with a top above 150 and a bottom slightly under 147.
The price action in the past 2 trading weeks is drawing a H&S pattern on our charts and in a case of a break under the 148.50-148.70 zone, this pattern is confirmed.
The target in such an instance is, as said, in 147 zone and negation comes with a daily close above 150.
DeGRAM | EURJPY trend continuation opportunity to shortEURJPY tested the upper border of the descending channel, then dropped.
The market bounced off the psychological level of 150.000.
Price action is printing lower lows and lower closes, indicating a bearish trend.
The trend is bearish , so the price is likely to test the support level .
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EURJPY - What i think is this!Hi friends
EURJPY - what will i wait for EURJPY is on chart.
What I expect is a strengthening of the Euro against the Japanese Yen, and based on the current patterns in the 4-hour timeframe, I think it will be a good start to the week for the Euro.
EURJPY is bearish!!Price continue to make lower highs and lower lows which means a reversal has started
EURJPY 2June2023the possibility of wave 5 cannot continue bullish to go higher than wave 3 and now the price looks like a reversal I marked with a bearish confirmation level line. you can go short at this time.
EUR/JPY - Short; SELL right here!Probably one (in not "The") best long term Shorts out there.
Here is the Long Term;
EURJPY Wait For Breakout! EUR-JPY is about to reteset
A strong horizontal resistance
Level at 151.141
So IF we see breakout rising Support
Then I believe the pair
Will go further down !
DeGRAM | EURJPY test of the psychological levelEURJPY is making higher highs and higher closes, indicating a bullish trend. It's trading in the ascending channel.
The market is pulling back to the confluence levels of resistance (pychological level at 150.000) and fibo.
We expect a trend continuation trade from the kill zone.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
EURJPY: The bulls!Predicting continuation of the uptrend
EUR/JPY is a forex quote that represents the exchange rate between the Euro and the Japanese Yen. Traders like to borrow the low-yielding Yen to fund carry trades and buy higher-yielding currencies like the Euro during times of optimism. However, during times of market stress, investors tend to avoid carry trades. EUR/JPY is affected by shifts in global economic performance and stability. The Eurozone debt crisis and the Bank of Japan's anti-deflation policy introduced in 2013 also contribute to the pair's volatility.
EURJPY are you rdy ?🧨😉currency pairs EURJPY
At the moment, we can see a good entry point for this currency pair to open the trade up and buy.
The entry point is $151.503, the stop loss point $151.200 can be good and we can see two targets to profit from this currency pair: $159.628 and $168.451
We have to wait for confirmation.
EURJPY POTENTIAL PROGRESS FORMATION IN PROGRESSWe can see that the pair has turned bullish after a short correction. We have also identified certain patterns which further
support our bullish basis. These have been listed below:
1: The pair is in a strong uptrend as the price is making new highs
2: Trendline breakout
3: Pennant pattern breakout
We will wait for the price to correct on the lower time frames after the trendline breakout then only can we start to look for
reasons to enter long. We do not take trades with less than 1 to 3 risk rewards. If we get stopped out , we follow our trading plan as
we wait for a new setup to form. We only take one entry per setup and do re-enter when stopped out as we see this as revenge/over-trading.
