Went long EJPrice is bullish and seems to have made a higher low on the 4H. Price on the 15 min retraced back to retest the LH that was broken on the 15 min and made a double bottom for a good reversal entry to go along with the 4H trend.
Eurjpytrade
Long EUR/JPYThe market appears to be in an uptrend on the H4 chart, hopefully, we can get a positive market sentiment which will drive risk on currencies higher
Entry 125.690
Stop Loss - 125.440 (25 Pips)
Take Profit 128.730 (304 Pips)
Just sold EJUsed a small lot to sell EJ, looking like it will drop, if I can get price to violate structure and make a lower high on the 15 min I will look to place a bigger position for another sell.
Just entered an EJ buyPrice has broken the downtrend structure and looks like it’s made a higher low. Going for a 1-3 RR
EURJPY - buy for now , read on and u will understand whyHi all traders.
Look for a buy towards the top of the range
IF 200ma or trend line is broken on h4, then this idea is invalidated.
Cheers!
Going Short on EJPrice has broke the uptrend structure on the 15 min. Price broke the LL and is currently retesting it with strong rejection. This also goes along with the 4H candle breaking the HL structure making the 4H bearish as well. Tight stop above the last Lower high.
EURJPY - retracement is happeningWe still looking for the retracement to touch the trend line then bounce off strongly and upwards.
This trade may happen today, so keep a lookout for it.
Went long on EURJPY Price just made a double bottom on the 15 min at a 4H retest zone for a nice entry
EURJPY - expecting a retracement to happen before more upside!morning everyone!
For this pair eurjpy, it has broken the trend line.
Im expecting a deeper retracement before we have more upside.
Thank you
Cheers and stay safe!
EURJPY - range trading with a potential H&S in itHi all traders,
Morning.
Im waiting for the price to move towards either of the grey box before me to buy and sell this pair.
So be patient on this trade. Cheers everyone!
EURJPY "BUY"Trend : Daily (Uptrend)
Technical : Key level, Buy at support, Confirmation as uptrend (ascending channel)
Risk reward : 1.3
EUR/JPY AnalysisEUR/JPY is in a tough spot right now on the daily, we dont see a clear indication for either long or short.
It tapped the Weekly liquidity, but that might have not been enough (Daily also still in a bullish trend)
EUR/JPY shows signs of weakness though, so we might see a Daily Trend reversal for this week, hence the trade for Traders with bigger risk appetite: Short.
EUR/JPY Technical Analysis
The counter had multiple supports- trendline, bullish flag support and price action support.
But it has broken all the levels and bulls are trapped big time.
Hence, we expect some long unwinding move in the counter.
EURJPY / SHORT / BIG MOVESPatiently waiting for this to break trendline then we wait for the pullback and boom
EUR/JPY: swing SHORT TRADE setup and parameters 126.50 to 128.00 is SELL zone, in principal the overshoot is taken into consideration and is part of the plan
128.50 is strict STOP level
I do expect certain kind of lower move anytime by Tuesday's close. when happens just lower the stop to lock some gains. closing some portion is also okay. of course there many more money management strategies that can be used to maximize the gains. but I approach this sharing to help beginners and also the professional ones as the quality of this trade plan is high grade.
the target is clear and sort of minimal. of course, I repeat, there are many ways to increase rewards and decrease risks. but for now let us stay with the TRADE.
feel free to contact me and we together may check ways to be focused to serve your individual trading needs/targets better.
as always, good luck !
EURJPY Short AnalysisEURJPY long Analysis. Trying a strategy of trading, been backtesting for some time now.
Look for long entry on EURJPYWait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a buy limit.
EURJPY Hourly chart analysis: price at the top of the channelEURJPY is moving inside a price channel on the hourly chart for the last couple of weeks. Currently, it has reached the top of the price channel.
Ther's a chance that EURJPY may drop back to the bottom of the price channel in the next few days.
Look out for bearish price action at the top of the channel and sell EURJPY with TP at the bottom of the channel.
EURJPY Short AnalysisLooking to see some bearish pressure and a break and retest of this possible Hns.
