Fib retest of 78.6% which correlates with zone and weekly high. Roll into 120.000's, breaking the weekly of 122.400. ⛲️
EURJPY broke out short last week from it’s recent ranging channel. Looking for further opportunities to short the continuation. This pullback needs to end before entry. Waiting on the price action.
Price came back to retest and get rejected with momentum. Short with RR 1:5. Good luck:)
Huge head and shoulders formation on EJ, Target is 122.400
Hi, Trend reversal pattern formed in EURJPY. Head and shoulder. Complete breakdown is also observed with high volume, confirming the trend reversal. Your opinions are welcomed. Thanks.
EUR/JPY SHORT OPPORTUNITY (HOURLY):
Formed a head and shoulders, waiting for breakout and possible retest before entering.
I will go short EURJPY when it reaches 128.68. There is a strong sell-off and strong selling activity with strong volume so I expect this support / resistance zone to be respected. I look to get 45 Pips from this trade
Short EURJPY from strong rejection of higher prices on 4H graph. Going short from the level that has acted as a strong support zone - in elipse This should act like resistance when price reaches this level.
FX:EURJPY is Around the Support of 128.36 on the 4 Hour Chart. If it pierces through, that signals a Short on the Pair. Stop Loss: 129.40 Take Profit: 127.30
Gonna short EURJPY if the price action will be good
Eurjpy Trading around daily Strong Resistance it can drop from current level or from 123 level as hold below 123.5 we can see a corrective move toward 118-119 level Advice to sell in range of 122.3-123.5 SL above 124.2 TP 118
If we get valid bearish confirmation in resistance zone, we can initiate short positions in EURJPY. Stops and Targets mentioned in chart. Happy Trading ! Looks like EURJPY reversed little earlier than expected... we may miss trade if that happens