Almost home. Not going to play around with a pullback at this point. Moved SL to just under 1H candle. +140 pips on this one! We'll see if I can get a few more, or take the SL hit and enjoy the profits! "Secure the bag!"
EURJPY is in strong uptrend. Buys only. Wait for the pullback to land, wait for confirmations, and take a ride uptown to profit glory!
EURJPY Going to To next TP Point Hopefully. 👉 If you need Daily Best Forex Trade Signals then You can Contact with us. Massage us 🤏 Thank you
Quite strong trend playing out, you can see it more clearly on the 4H timeframe. But, x/JPY pair trends can break easily as we have seen on GBP/JPY, so be cautious and set your stops.
Through back, we had a price that was trapped inside a bearish channel and then price changed direction immediately after tested the overall support, Currently price has break the channel and has provided impulse move to the upside let's wait for a RETEST before Longing EURJPY
This is coming off of a major Double/Triple Top on the daily with not much under it. Right now probably an equivalent trade (in magnitude) with the AUDJPY short but probably a faster drop. One can use <25 pip stops here until it fully breaks down - which shouldn't be long. Here is the Daily
Welcome traders to a free analysis breakdown. Today I have broken down the trade we took on EURJPY, if you any questions on the pair let me know in the comment section below. Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful . If you liked this free educational please...
price nearing a strong key area. watch out for price action on this area and look for possible short entries for continuation of downtrend.
Good moment to buy the EURJPY up/long. You could wait for the pullback to previous resistance if you want to add a few more points to profit.
The five-wave rally from 119.25 in wave (i) favors the idea wave 2 ended at 119.25, and wave 3 is underway. It also set the stage for a three-wave correction, which is unfolding as a double zigzag pattern. I anticipate that wave (ii) will find support circa at 119.560 area, comprising the 78.6 Fibonacci retracement of the advance from 119.25, a key support...
Shorting at market price - price has pinned the minor resistance and printed a sell signal (railroad track) Selling at market price 126.485 SL above highs @ 126.905 TP lower down 2 support 125.123 See EURUSD trade idea to confirm correlation of EUR pairs and analysis As usual don't bet the farm, good risk management won't kill you but the lack thereof could...
EurJpy - Daily H4 chart- Price dropped into a weekly area of demand which gives us a good trigger to enter longs with a tight stop.
Waiting for breakout from 1 hr range down. Price below long term SMA and 20SMA
Eurjpy Make Down flag pattern ,, if it break that downtrend flag pattern it going down tp1 1.3200 and tp2 1.3100 sl above 133.50 Trade with care and happy trading Asad ullah
I know its ECB day but with the short EUR trade the RR is so fantastic today that it definitely makes sense to trade this one. Shorting EURJPY here @ 129.12 Stop at 129.52 Targeting 127 Let the games begin . I will be sitting with trigger ready and might pull it off early if we get a decent exit during the statement or the presser.
Buy above 123.78. Stop loss at 123.15. Take profit at 125.32. Reason for the trading strategy (technically): Price is approaching major support at 123.78 (Fibonacci retracement, Fibonacci extension, horizontal overlap support) and we expect to see a bounce above this level for a rise to at least 125.32 resistance (Fibonacci extension, horizontal swing high...
Buy above 122.56. Stop loss at 122.30. Take profit at 123.63. Reason for the trading strategy (technically): Price is now testing major support at 122.56 (Fibonacci extension, horizontal swing low support, bullish divergence) and we expect a strong bounce up from this level to reach at least 123.63 resistance (Fibonacci extension, horizontal swing high...