AUDJPY and EURJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Eurjpysignal
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW- EUR FEATURE currently stands at 1.0740 LEVEL. It rests on DYNAMIC S / R LEVELS. Also the JPY FEATURE is UP. It stays at 0.0077 LEVEL. The EURJPY PRICE rests above the DYNAMIC S / R LEVELS. So most of the time the PRICE can be UP again in the form of a STRUCTURE. Then there will be DOWN.
- Currently the OVERALL MARKET is RISK ON. STOCKS is currently displaying a GREEN SIDE BIAS. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES still shows a NEUTRAL BIAS. Currently there is only one RISK ON TONE in the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN.
- EURJPY PRICE can be DOWN to 138.203 LEVEL before DOWN. Then you can DOWN to 133.770 LEVEL. The PRICE will move according to this week's ECONOMIC INDICATOR DATA and MARKET SENTIMENT. The next few days can be a bit important.
Short EURJPY Short EURJPY @ 136.30
TP: 132.20
SL: 137
Selling a clip of EURJPY below the 136.31 fibbo resistance, and will sell another closer to that 136.80 downward trend channel. Stop is in the system at 138 but I will probably close through 137 if we smash through these next two resistance levels. So this trade is a great RR of 5.8/1
Good luck ;)
EURJPY SELL/SHORT TRADE IDEAEURJPY has been downtrending. Still within 4H range, liquidity left behind to get swept.
Entry is based on 4H institutional move, mitigation out of last buy position that manipulated price, fibonacci snipe zone 78.5-88.6% and liquidity also known as retail traders "double tops".
Two positions in case the higher snipe isn't activated. Risk : Reward is worth the trade!
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
EURJPY A Great Selling Opportunity 🤨👌Trade Proposal:
There is a probability of first tp to the proposed ( 128.000 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
EURJPY is in Downtrend and It is Expected to Continue Downtrend.
EURJPY (15) BREAK AND RETESTHello, EJ rejected the minor trendline and formed a bearish candle showing that the bears had taken control. So in the opening of the Asian session i want to see it move downwards either reject that downward minor trendline and move up or break through with strong bearish momentum , if it rejects it like in the past then i want to see it move upwards as basing on divergence and market structure as main confluences.
Share your thoughts with me
Jesus loves you <3
EURJPY Top-down analysis todayHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
DeGRAM | EURJPY accelerating downwardsEURJPY could not break the major structure resistance level of 136.500.
Bears pushed the price to lower levels and it's gaining some momentum.
We anticipate the price to break the support level of 134.000 and go further down to 133.000.
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EURJPY - FUNDAMENTAL AND TECHNICAL VIEW- EUR FEATURE currently stands at 1.0473 LEVEL. It rests on DYNAMIC S / R LEVELS. Also the JPY FEATURE is UP. It stays at 0.0077 LEVEL. The EURJPY PRICE rests above the DYNAMIC S / R LEVELS. So most of the time the PRICE can be UP again in the form of a STRUCTURE. Then there will be DOWN.
- Currently the OVERALL MARKET is RISK ON. STOCKS is currently displaying a GREEN SIDE BIAS. And the VOLATILITY is getting a bit DOWN. Also COMMODITIES still shows a UP SIDE BIAS. Currently there is only one RISK ON TONE in the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN.
- EURJPY PRICE can be DOWN to 133.770 LEVEL before UP. Then you can UP to 137.906 LEVEL. The PRICE will move according to this week's ECONOMIC INDICATOR DATA and MARKET SENTIMENT. The next few days can be a bit important.