EURJPY trade ideas
EJ Updatethe EUR/JPY pair could move in either direction over the next few days. The technical setup hinges on whether the pair breaks above the 164.50 resistance (indicating a bullish continuation) or reverses lower (suggesting a bearish pullback).
EURJPY Sell long termWe have big massive range. And price action after broken weekly trendline. I think we continue this rally. besides that MACD show sell signals.
EUR/JPY Breakdown – Sell OpportunityEUR/JPY has broken the uptrend line and is now retesting a key resistance zone at 160.854. This could be a great sell opportunity, targeting 158.201, with a Risk/Reward Ratio of 1.6.
📉 Sell Setup:
Entry: 160.854
Stop Loss: 162.514
Take Profit: 158.201
This trade offers a good risk-to-reward ratio, but be cautious of economic news that may cause volatility. What’s your take on this setup? Let’s discuss!
Found a dependable range ~JPY is still strong.Its usual crosses specially EURJPY are going down although being corrected.In my opinion EURJPY is again at a correction now and It's going to continue descending later.
EUR/JPY BEST PLACE TO BUY FROM|LONG
Hello, Friends!
We are targeting the 162.927 level area with our long trade on EUR/JPY which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
EURJPY Confirmed Pennant Pattern BreakoutOANDA:EURJPY Long Opportunity
Price has made a Breakout of the Falling Resistance of the Pennant Pattern it has been forming the past couple of weeks.
The Breakout meets all the requirements needed to be validated as a True Breakout!
With Price trading above the 200 EMA, this adds more confirmation that the Bulls are in-control and we can reasonably expect to see price move to the Upside.
At the Start of the Following Hour ( 09:00 CST ), I will enter a Long Position on OANDA:EURJPY with my SL below the Retest of the Break!
EJ Sells parameters it's the same previous set up just this is the safest one looking to target 🎯 the equal lows and stops above the consolidation of the OB
EJ Sells EurJpy sells , looking at this pair to sell it off from here since we hit a higher timeframe OB and we recently swept liquidity
EUR/JPY For Bullishwait for pull-back near by entry point and then go long
general trend is up trend
have fun :)
EJ BUYSSo far this is a 1:1 RR trade setup but with the correct positioning this can be a very lucrative set up with a high probability.
Long budddy!We had a long week bias last week’s close.
Now my pull back strategy depth’s have been met.
We have divergence and price action deep in the pull back in my opinion.
200-300 pip move by this week’s market close
Trade safely my friends
EUR/JPYSell after bearish candle stick pattern, buy after bullish candle stick pattern....
Best bullish pattern , engulfing candle or green hammer
Best bearish pattern , engulfing candle or red shooting star
NOTE: IF YOU CAN'T SEE ANY OF TOP PATTERN IN THE ZONE DO NOT ENTER
Stop lost before pattern
R/R %1/%3
Trade in 5 Min Timeframe, use signals for scalping
EURJPY Setup IdeaLooking for a long entry, limit order set....
Here is my logic from left to right: we have an short term "double top" forming inside a higher time frame up trend, I'm looking for a run on the stops of traders going short.
We found support at a bullish liquidity pocket (bottom red spot) = Bullish sign
Price completed a bullish harmonic (that grey double top structure is a harmonic) = Bullish sign
Price gave me entry signal with H1 break of structure (blue zone) = Bullish sign
We have equal lows sitting just above the blue line (X's) = Bullish sign
My target is the next red zone even though im projecting this pair to go much higher.
Earlier this week in my newsletter, I gave two zones to look for buy reactions in for EURJPY.
(the huge purple zone on the left, and the bottom red zone within it which currently has a +75 pip reaction.)
Feel free to check it out, the link is in my post signature, and profile bio.
Cheers 🍻
EUR/JPY Triple Bottom Breakout – Bullish SetupThis chart represents the EUR/JPY currency pair on the daily timeframe. It highlights a Triple Bottom pattern, a bullish reversal formation that signals a potential upward trend after testing strong support multiple times.
1. Chart Pattern Analysis – Triple Bottom Formation
The Triple Bottom is a classic reversal pattern that forms after a downtrend and consists of three distinct lows at nearly the same level. This indicates that sellers attempted to push the price lower but failed three times, suggesting that buying pressure is increasing.
Bottom 1 (August 2024): The price reached a low near 150.344, forming the first support zone.
Bottom 2 (September 2024): The price dropped again to the same support level but bounced back, indicating strong demand.
Bottom 3 (March 2025): The price retested the support for the third time and rebounded, confirming the pattern.
💡 Key Takeaway: The repeated failure to break below the support level suggests that sellers are losing control, and buyers are preparing for a strong move up.
2. Support & Resistance Levels
Understanding support and resistance levels is crucial for identifying entry and exit points:
Support Level (150.344 - 150.125): This zone has acted as a strong demand area where price consistently bounced back.
Resistance Level (167.500 - 170.000): This is the neckline of the Triple Bottom pattern. A breakout above this level confirms the bullish trend.
If the price breaks above the resistance level, it will trigger buying momentum and open the doors for further upside.
3. Trading Strategy & Price Targets
✅ Entry Criteria
The ideal buy entry is after the price breaks above the resistance level (~167.500 - 170.000) with strong bullish momentum and increased volume.
Wait for a daily candle close above the resistance level to confirm the breakout.
🎯 Target Levels (Take Profit - TP)
TP1 (173.001) – First profit-taking level, as the price may encounter some resistance.
TP2 (179.266) – Final bullish target if the breakout holds strong.
📉 Stop Loss (Risk Management)
Stop Loss (SL): Below 150.125, just below the previous support level. This minimizes losses if the price fails to break out.
Risk-to-Reward Ratio: This setup offers a high risk-reward ratio, making it a favorable trade.
4. Market Psychology & Confirmation Signals
The Triple Bottom indicates a strong shift in market sentiment from bearish to bullish.
Confirmation signals to watch for:
✅ Bullish breakout above resistance
✅ Increase in trading volume
✅ Formation of bullish candlesticks (e.g., Engulfing, Marubozu, or Breakout Retest Confirmation)
5. Summary & Final Thoughts
🔹 The Triple Bottom pattern signals a strong reversal with clear upside potential.
🔹 The breakout above resistance (~167.500 - 170.000) will confirm a bullish trend.
🔹 Entry: Buy after breakout confirmation with volume support.
🔹 TP1: 173.001, TP2: 179.266
🔹 SL: Below 150.125 to protect capital.
🚀 Conclusion : This setup presents an excellent long opportunity with a well-defined risk-reward strategy. If the breakout holds, EUR/JPY could see a strong uptrend in the coming weeks.
EUR/JPY Breakouot trendline @162.077 H4 chart analysisFrom the chart, here are the key details for your EUR/JPY trade setup along with support and resistance levels:
Trade Setup:
Entry Point: ~162.077
Stop Loss (SL): ~164.369
Take Profit (TP): ~156.037
Support & Resistance Levels:
Major Resistance: ~164.451
Minor Resistance: ~162.194
Major Support: ~156.154
Minor Support: ~160.000 (psychological level)
This trade setup shows a Risk/Reward Ratio of 2.6, aligning with solid risk management principles. If you’d like a polished message to send to your client, let me know.
EURJPY Look For ThisOur analysis is based on multi-timeframe top-down analysis & fundamental analysis.
Based on our view the price will rise to the monthly level.
DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you.
Please support our analysis with a like or comment!
Let’s master the market together. Please share your thoughts and encourage us to do more by liking this idea.
EUR JPY #0002 Short Position Trading - The Weekly chart indicating a downtrend
- There was a presence of a false breakout price action named Inverted hammers on weekly charts
- The Daily Charts reflecting a presence of order blocks signified a accumulation of short position is undergoing.
- I decided to place entry at the last weekly candle's HIGH as my liquidity area.
- The rest are as labelled
- This is meant for Swing/position trading - might take some time
- less headache
- I am a revert position-trader, from the sin of Scalping.
EURJPY - Buy Trade SetupIf risk-on sentiment prevails, I expect to see further upside with EURJPY towards the 165 handle. Should technicals breaks back below the most recent bullish breakout, I most likely will lose confidence confidence and trim my lose. For now, I'm bullish ~ Know thy self
Leave a comment below, let me know what you think. Share with friends. Check out my profile for more awesome trade plans and setups. DM for copy trading, use any regulated FX broker.
Trade Safe - Trade Well
~Michael Harding
EUR/JPY Daily AnalysisAfter printing a double bottom circa 155.50 in February, price has seen a steady move to the upside.
Price appears to be currently correcting.
Look for a break to the upside and a potential long trade (if it meets your strategy rules) into 164.50 which was resistance in December 2024.
