Final-UPDATE_EURJPY-H4_October-2024Yesterday's trade was successful.
I’m now patiently waiting for the next opportunity to present itself, keeping an eye on potential setups.
EURJPY trade ideas
EUR/JPY Made Double Bottom Pattern , Long Entry Valid ! We have a very good reversal pattern here and we have a daily closure above our neckline so we can buy it with 200 pips with retest to neckline .
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Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EUR/JPY Sentiment/Technical Mastery | October Trading PlansComments by PM Ishiba in Japan today have caused yen weakness directly.
This comes via dovish rhetoric pulling investment out of JPY.
Here's my plans for oct.
EURJPY ! trendline + resistance ! SELL NOW ⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
Frame H1 creates a trendline and resistance. Overbought has formed, setting up a SELL signal. Today, October 2, 2024, there is no important news for these two currencies
⭐️ SET UP EUR/ JPY PRICE:
🔥SELL zone: 159.600 - 159.800 SL 160.100
TP1: 159.300
TP2: 159.000
TP3: 158.000
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
EURJPY ending diagonal PATTERNLook for shorts in EURJPY. Weekly looking short start of ending diagonal pattern on the weekly.
EURJPY 30/10/2024Weekly:
-Bearish W pattern.
-Bearish Weekly candle.
Daily:
-H&S pattern.
4H:
-H&S pattern.
-IC.
EURJPY (H4) - Sell Setup {SID: 01}Trade Reason:
1. Weekly Down Trdend,
2. H4 Bearish Engalphin.
3. Break H4 EMA20.
Hello Friends!
I hope it will touch the "158.342" level then it can make some corrections. After her correction, it has more chances to touch the "156.328" level. But if it create counter setup, then close it instant.
Do you have any questions, suggestions, or feedback? Then write a comment or private chat. If you need any help, info, or analysis. Then knock me without any hesitation.
…Thank you…
EURJPY- Sell on rallies (15 min trade setup)EURJPY pared most of its gains on the weak Euro. It hit a low of 159.63 at the time of writing and is currently trading around 159.71.
Intraday bias remains bearish as long as resistance 161.20 holds. The recovery from 155.15 was completed at 163.49 and major bullishness was only above 163.89.
Indicator (15-min chart)
CCI (50)- Bearish
Average directional movement Index - Bearish.. All indicators confirm a bearish trend.
It is good to sell on rallies around 160 with SL around 161.20 for a TP of 158.10.
Beaarish reversal off 50%% Fibonacci resistance?EUR/JPY is rising towards the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 160.86
Why we like it:
There is an overlap resistance level which aligns with the 50% Fibonacci retracement.
Stop loss: 162.71
Why we like it:
There is a pullback resistance level.
Take profit: 158.65
Why we like it:
There is an overlap support level.
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Forex, where have you been all my life. Wow!Sorry guys, the pro-mic wasn't set to default so we got laptop mic on this one
Very grateful to bitcoin for being my gateway into trading, as it taught me many wonderful lessons
Now that I am out of the splash pool and riding the ocean's big waves, man am I grateful to be able to recognize the beauty of Forex for what it is!
The thanks to my strategy I'm able to trade all kinds of markets as it works in the same way across all markets, and if it weren't for that, I might still be stuck in the splash pool of crypto-world instead of drinking in the benefits of Forex
If I am not the only 'late to the party' day trader, and you're still unsure about Forex, then I recommend you start learning on how to maximize it for you
EURJPY BUY EUR JPY has created multiple rejections from the monthly timeframe indicating price is rejecting to the downside and we are pushing to the upside, the monthly candle has opened bullish expecting a continuation to the upside. Scrolling to our weekly we are seeing where the market was in a downtrend then we have a weekly bullish candle breaking above the LH invalidating the move to the downside, from a daily perspective we have form a HL and now price is pushing to form a HH, we are expecting continuation as the JPY pairs are weak hence supports the move to the upside
EURJPY(Short)Turtle soup and Smart Money Concept Trading Strategy
The Turtle Soup strategy, however, flips the script, aiming to profit when those anticipated trend.
Linda Raschke’s Turtle Soup strategy is a counter-trend trading approach that capitalizes on failed breakouts.
ENTRY :- SELL -Above opening price (daily) BUY - Below opening price (daily)
STOPLOSS :- above or below recent swing High
1st TARGET :- Book profit 50%
2nd TARGET :- Book profit 25%
3rd TARGET :- Book profit 25%
Consisitency and hard working is the key of success.
KEY OF SUCCESS :-
*) Buy below opening price of Daily Candle AND Sell above opening price of Daily Candle.
*) Do not take risk more than 1% of Equity.
*) Take Profite Should be More then 2% of Equity .
*) Book 50% profit of running trade first and remaining 50% hold for long term.
IDEA EURJPY SHORT POSITION HI TRADERS
Pair : EURJPY
Position : SHORT( SELL)
Entry Price : 159.880
STOP LOSS @ 160.250
TP 1 @ 159.480
TP 2 @ 159.080
TP 3 @ 157.100 ( Trailing SL )
EURJPY: Range bound, looking for a breakoutThe price for EURJPY has broken down the trendline and bounced off the support level at 155 very strongly.
Looks like it is currently consolidating in a range.
It is nice to have short term trades in between the range and wait for a breakout to indicate the direction.
Currently, my personal bias is that the price would break above the resistance and move higher!
EURJPYWe expect the euro to rise against the Japanese yen. We have set targets and are waiting for it to hit the following targets. We have been given confirmation of breaking a trend that could help in retesting the trend and could head immediately to the following targets.
EURJPYA Good retracement move is possible because
Price rejected from Fib
Upper channel is broken
Divergence
A good Rejection from support
Bullish bounce off 61.8% Fibonacci support?EUR/JPY is falling towards the pivot which has been identified as an overlap support and could bounce to the 50% Fibonacci resistance.
Pivot: 158.46
1st Support: 157.35
1st Resistance: 160.87
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textbook contracting flat #eurjpyHave you seen a better looking contracting flat?
Text book impulse, a, b, c waves and a confirming impulse in the forecasted direction with a little pause.
Watch the break and take trend continuation setups on the lower time frames to forecasted targets.
EurJpy Trade IdeaEJ has been trending to the upside within a range beautifully. I managed to catch some long set ups on the pair. Price ended last week with structures breaking to the downside after respecting the range between 162.9 and 155.5. I'll personally be looking for price to pullback and retest the level price broke structure at to confirm the move to the downside. Price could potentially give a 1:3-1:4rr.
EURJPY The Target Is UP! BUY!
My dear subscribers,
My technical analysis for EURJPY is below:
The price is coiling around a solid key level - 158.70
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 160.50
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
EURJPY HOW ACCURATE YOU CAN BEEVERYTHING ON CHART
please check my pre idea so you can understand better
signals and analsys are free... and always will be
TRADE: BUYING WAITING TO SELL
DURATION: SHORT TO MEDUAM
SCALP: NO SCALPING
