W-Bottom Confirmed: Stop Hunt Signals Imminent UpsideOANDA:EURJPY ----> W-bottom formation confirmed with a stop hunt, signaling potential upside momentum. Expecting a bullish move from this level as liquidity is absorbed. Longby Nyxios117
EURJPY LongThe price has completed the retracement after breaking the last Lower High. From now on we should with high probability expect the price to rally back up to the last swing high of $161.2 and see if it can break it before making another Higher Higher from there. But before that, there are two significant OBs on the way up that the price can face significant selling pressure from. We need to watch those zones closely.Longby Jakh_FX1
Double bottom at support another Buy opportunity? FUSIONMARKETS:EURJPY TPs are based on Pivot retracement using Weekly Timeframe Longby ICNothingOutch1
EUR JPYEUR JPY has made a double bottom. A long position can be considered on the breakout Longby dawoodabbas260
EUR/JPY Long/Short 4 Week Scenarios and Chart Feedback Hello, This is 4 week period plan that I personally will follow, based on my strategy and trading style. P.S i never follow a single bias (bullish or bearish), my trading style is flexible and adaptable to momentum changes. Chart Feedback (Daily Time Frame) There are a few key takeaways from the daily chart. - Price action in a box since August '24 with no clear trend direction. - Head and Shoulder fully formed, as mentioned on my previous EJ report at the begging of January. - The price has reached a strong support first tested in December 2023 and then re-tested and always rejected in August '24, September '24, December '24 and now, making it very hot spot for the pair. - Main trend line(Up-slopping) was crossed - Internal turmoil in the Euro Zone could indicate weaker EURO for some more time. Key Levels (4 Hour Time Frame) LWL(last week low) and Bottom of Support - 155.000/155.850 First support - Which acts as last LH, Current Trend line cross and Main Trend line re-test 158.150/158.650 LWH(last week high) - 160.722 Sub Trend line - 161.419 Trend Scenarios (4h and Daily) Long Scenarios: For long scenarios confirmations I will be looking for a rejection from the current level, followed by re-entry in the main trend channel, cross of the sub-trend line and re-test of that area or similar movements. For any long entry I would like to see bullish price action and chart patterns being formed. With targets in rallies up to the head of the head and shoulder pattern. Short Scenarios: For short scenarios instead, the confirmation I need is a CTR(Cross,Test,Reject) performed at the current support level, then turning into resistance level. There are two targets I'm aiming at 151.500 and 148.650. Trade Ideas (1 hour time frame) For any kind of entry long and short I always use the 1 hour time frame. For confirmations I use EMA100 cross or reject, Swing/Turning points cross/reject + chart and candle patterns usually u-turns, stars, engulfing and pin bars are my favourite signs. I will try to update my trades as soon as they happen. Thank you for reading, Have a profitable week, Any feedback is welcome! by Don_BobUpdated 2
EUR_JPY SUPPORT AHEAD|LONG| ✅EUR_JPY is going down now But a strong support level is ahead at 155.200 Thus I am expecting a rebound And a move up towards the target at 157.500 LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx112
EURJPY Long - Excellent RRSharing EURJPY Long with excellent 3RR. Tp1 160.500 Tp2 167.798 Tp extended 169.700 Best wishes for this trade. Share your views in comments when you hit your tps. And dont trade without a STOP LOSSLongby PipzSlayer1
EURJPYhello trader, the price has reached main support level, the price will likely reverse from here, and this time it can break through trend line resistance.. no confirmation yet, wait for BOS or engulfing candle then set your stop loss below support.. good luckLongby baigxy4
EUR/JPY - Bullish Rejection from Key Support📈 Trade Idea: Long EUR/JPY Analysis: Price aggressively rejected the downside with a long wick, indicating strong buyer interest at a key support level. This suggests a liquidity grab, where price swept lows before pushing back up. A potential bullish reversal could be in play, targeting the next resistance zone. Trade Plan (Based on Chart Setup): 🔹 Entry: 156.991 (Rejection from support) 🔹 Stop Loss: 156.846 (Below recent low, invalidates bullish bias) 🔹 Take Profit: 157.281 (Fixed at 2R) Risk/Reward: ✅ Stop Loss: ~15 pips ✅ Take Profit: ~30 pips ✅ Risk-Reward Ratio: 1:2 Why this trade? ✔️ Liquidity grab below previous lows ✔️ Strong bullish rejection at key demand zone ✔️ Potential reversal targeting previous resistance 📌 Looking for price to maintain above 156.50 to sustain bullish momentum.Longby riojulianprt625123
EUR/JPY Buy from Pivot LineEntry: Buy at Pivot Point (P) – 158.805 Stop Loss: Below support level S1 – 158.023 Take Profit: Near resistance level R1 – 161.561 Rationale: Price is currently testing the pivot level, a common area for a bounce. If the price holds above the pivot, it suggests bullish momentum. Aiming for the next resistance level (R1) as a profit target. Tight stop below S1 ensures minimal loss if the price breaks lower. Risk-to-Reward Ratio: Approx. 1:3, making it a favorable setup. Extra Confirmation: Look for bullish candlestick patterns or price rejection at the pivot level. Monitor volume increase to support the upward move.Longby ShlomoYahbesUpdated 7714
EURJPY → Consolidation before further declineEURJPY is forming a downtrend. The price is bouncing off the channel resistance and has approached strong support, the breakout of which may trigger further decline Global EURJPY is in a neutral trend, but locally, due to economic nuances, the euro is weakening against the Japanese yen There are two key zones on the chart - resistance at 159.112 against which a false breakdown can be formed before the price continues its decline. And support at 158.45 - support of the pre-breakdown consolidation and at the same time a strong level, the break of which will open the way to 156.29. Resistance levels: 159.11, 160.16, 160.9 Support levels: 156.29 Technically, the situation is weak and hints that in the short term the bears could overcome the key support, which could trigger a bearish momentum Regards R. Linda!Shortby RLindaUpdated 131339
eurjpy. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a tradeLongby wavesscoutforex112
Bearish drop?EUR/JPY has broken out of the pivot and could drop to the 1st support which acts as a pullback support. Pivot: 157.19 1st Support: 155.60 1st Resistance: 158.37 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets3
IDEA EURJPY SHORT POSITION Hi Traders Pair: EURJPY 📈 Position: SHORT (SELL) ✅ Entry: 158.800 🔺 SL: 159.150 (-35 pips ) 🎯 Take Profits: • TP 1: 158.450 • TP 2: 158.100 • TP 3: 157.750 Trailing SL) Shortby hamidTrader21Updated 3
eurjpy analysis. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade Longby wavesscoutforex113
EURJPYEURJPY will likely drop into my demand structure where i expect 45min buy idea and if it pulls 13:35by Shavyfxhub1
Bearish drop off pullback resistance?EUR/JPY is rising towards the pivot which is a pullback resistance and could drop to the 61.8% Fibonacci support. Pivot: 159.52 1st Support: 157.81 1st Resistance: 160.99 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets6
EURJPY BULLISH SHARKHarmonic Pattern Trading Strategy: 1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy. 2. Implement proper risk management. 3. Limit exposure to 3% of capital per trade. 4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity. 5. Conduct thorough diligence and analysis before trading. Disciplined approach = Enhanced edge.Longby KachiHarmonics112
Expecting bullish volatility from this bearish contractionSupported by the daily rejection block, we're looking for bullish opportunities because we have cleared the immediate swing high at 158.000. This sentiment indicates a strong bullish market. Anticipating this corrective movement to reduce further and mitigate the breaker block at 157.350 to activate buyers for a volatile bullish move. - Entry: 157.350 - Stop Loss: 156.550 (80 pips risk) - Target: 161.350 (400 pips potential gain) This trade setup suggests a bullish opportunity with a risk-reward ratio of 1:5.by tokelohomi1
EURJPYStrategy BBMA Condition Reentry H4 Action sell reentry price H4 T2 ema50 action Sell topbb m15 or wait reject one candle Expect target MA 5/10 low H1/H4 Shortby mtuserUpdated 0
EURJPY SELL1.4h 2.dnt 3.resist 4.double top 5. 6. 7.fibext above 8.fibretrace above 9. 10. 11. 12.bearish divergence 13.bearish harami 14.exp below 1.2h 2.dnt 3.resist 4.double top 5. 6. 7.fibext above 8.fibretraceabove 9. 10. 11. 12. bearish divergence 13.evening star /bearish harami/ 14..exp Shortby Forexnation2373