Eurojpyshort
EUR/JPY Going Bearish as you see in the chart The Euro was sky rocking until it hits the 137.500 mark, then start to drop to the 135 in form of a descending OANDA:EURJPY triangle as you see in the chart.
now is screaming bearish all the way down to the 131.400 mark, but it can also go up to the 137 or above if a big bullish candle crossed the top of the triangle but that is a low probability like 10 or 15 % BUT 80% is going bearish for sure
EUR/JPY Sell opportunity euro jpy is showing bearish momentum and market is back at the support now turned resistance for retest of the broken structure
look for bearish confirmation on lower time and enter short with your own money management
always remember patience and discipline are the keys to become a successful trader in Forex
EURO JPY Sell opportunity euro jpy is smuggling to break the main and very strong resistance zone of 127.300 and got rejected from that supply zone.
now market is back at that zone to break and continue the bull run but as per technical aspect we can see a move to the downside for short term and that a try to break the zone
look fir bearish confirmation on lower time frame because market can go to the Fibonacci areas mentioned below and enter sell with your own money management
patience is the ultimate key to success and believe me patience always pays
EURO JPY Sell opportunity Euro JPY has broke the main zone and market is again back at the point to retest exactly at the Fibonacci retracement 38.2 and going down with good bearish momentum
look for bearish confirmation and enter with your own money management
Always remember
Patience is the Key
EUR JPYWe have an upper supply - which is a daily supply. This is still a fresh level, however we have seen a great fake out on the lower 4 hour supply zone.
The fake outs are between the two zones, to show the hidden orders half way in a swap zone.
The overall trend is in a downtrend.
The market is currently making a good retracement but the second tap we are looking to sell on the supply.
patience.
Thanks,
Lupa.
eurojpyThe loss limit of the upgrade follows the previous analysis and chart and is ready to climb again
Successful and profitable
EUR JPY | POTENTIAL SHORT TO 117.20 SOONFollows nicely the bearish trendline, if we see a break of our support level around 117.80 I enter some short positions with a great Risk to Reward
EURJPY SHORT Possibily another chance to short this pair and look for new lows into the extension levels
