Euro / Japanese Yen forum
EURJPY looking for sells following a rejection from the 38.2% or a break and retest of the 160 level
EURJPY Last week condition for EJ, TOTALLY SMASHED....
EURJPY looking for new push to downside
EURJPY Buy Strategy:Entry: Look for a bullish reversal signal around the 0.5 Fibonacci level (161.929) or the 0.382 level (161.630932).
Take Profit 1 (TP1): 162.227068 (0.618 Fibonacci level) - approximately 30 pips.
Take Profit 2 (TP2):162.44683 (0.705 Fibonacci level) - approximately 50 pips.
Stop Loss (SL): Below the 0.382 Fibonacci level (161.630932) - approximately 30 pips
Sell Strategy:
Entry: If the price breaks below the 0.382 Fibonacci level (161.630932) with strong bearish momentum.
Take Profit 1 (TP1): 161.000 (psychological level) - approximately 60 pips.
Take Profit 2 (TP2):160.800 (support level) - approximately 80 pips.
Stop Loss (SL): Above the 0.5 Fibonacci level (161.929) - approximately 30 pips.
EURJPY held 200sma on the 4hr… acting like a spoiled brat[as always] i’m taking long positions when market opens!
EURJPY And kissed 161.500
EURJPY Caught my profits from the sells this week but closed my 2nd sell around 7:30 this morning smh.Missed a good 60 more pips. all good tho still a great trading weekEURJPY check idea before enterVIP Signal
Buy Signal: Entry: 162.59712 TP1: 163.208 (61 pips) TP2: 163.612 (101 pips) SL: 162.06624 (53 pips)
Sell Signal: Entry: 162.06624 TP1: 161.500 (56 pips) TP2: 160.897 (117 pips) SL: 162.59712 (53 pips)
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EURJPY Fake out. Ended up break even. This now heading to 161.500
EURJPY Slowww. But looking good.