EURJPY buysHello everyone,
I am looking for eurjpy buys only because on the 15 min chart, price decided to take out EQL's to go long thus creating a big bullish move which has been marked in yellow and annotated.
Price than made this wedge liquidity zone where both EQL's and EQH's are present so we believe outside of this range is where the liquidity actually is.
4hr and 15 min demand zone is still untouched so we're looking for the buy around the 171.185 area to be precise.
I will be putting up screenshots as well so that it makes sense.
JPYEUR trade ideas
EURJPY – TCB Setup (Higher Timeframe Validation)🕐 EURJPY – TCB Setup (Higher Timeframe Validation ✅)
Strategy: Trend → Countertrend → Breakout (TCB)
Timeframe: 1H
Status: Breakout confirmed — now watching EP1/EP2 for clean entry signals
🔍 Setup Breakdown:
📈 Trend: Clean bullish channel structure still intact
↘️ Countertrend: Descending wedge fully broken to the upside
🚀 Breakout: Price is now testing key structure → breakout above 172.429 & 172.681 zones
📌 Trade Plan:
EP1: 172.429 — safer, structure-based retest
EP2: 172.681 — aggressive entry if price holds above
SL: 172.150
TP1: 173.400
TP2: 174.000
R:R: 1:2.5+ depending on entry location
Checklist Score: 95% — confirmed breakout, now waiting for execution model in NY or Asia session
🧠 TCB Note:
Higher timeframe confluence makes this setup stronger. Look for price action confirmation (e.g. bullish engulfing or rejection wicks) at EP1/EP2 before executing.
#EURJPY #ForexTCB #BreakoutTrading #PriceActionFX #SmartMoneyFlow
EURJPY at Risk of Breakdown Below Key Support📈 EURJPY Approaches Key Technical Breakout Point
EURJPY is caught between a critical 4H support and weekly resistance, with momentum beginning to compress. The next move hinges on whether price holds the rising trendline or breaks beneath it. This update outlines the active structure, key levels, and macro narrative around JPY weakness.
🔍 Technical Analysis:
EURJPY recently rejected from weekly resistance at 172.53 and is now sitting on the 4H support at 171.24, right above an ascending trendline. The structure remains bullish while this trendline holds, but a breakdown below 170.77 would flip the bias.
On the upside, reclaiming 172.53 opens the path toward 174.33 (Last Daily Resistance). If support gives way, expect a drop toward 166.80 or lower.
🛡️ Support Zones (if pullback continues):
🟢 171.24 – 4H Support (High Risk)
Immediate support. Good for tight risk scalps.
Stop-loss: Below 170.77
🟡 166.89 – 165.27 – 1H Last Support (Medium Risk)
Strong historical base + diagonal confluence. Favorable for intraday or swing entries.
Stop-loss: Below 165.00
🔼 Resistance Levels:
🔴 172.53 – Weekly Resistance
Key rejection point. Break above this confirms upside continuation.
🔴 174.33 – Last Daily Resistance
Major supply zone. Bullish breakout target.
🧭 Outlook:
Bullish Case:
Hold above 171.24 and break 172.53 = upside continuation toward 174.33.
Bearish Case:
Break below 170.77 and failure to reclaim = possible slide toward 166.80 and below.
Bias:
Neutral–bullish while price holds above trendline. Flip bearish on close below 170.77.
🌍 Fundamental Insight:
JPY remains weak due to BoJ’s ultra-loose stance. However, intervention risk remains elevated if yen depreciation becomes disorderly. Euro remains supported by ECB’s hawkish tone and improving economic data. Watch for BOJ rhetoric and global yield shifts.
✅ Conclusion:
EURJPY is resting at a structural pivot between 4H support and weekly resistance. A breakout in either direction will likely determine the trend into August. Bulls must defend the trendline and 171.24 to stay in control.
Not financial advice. Like & follow for more high-probability setups across FX majors.
EURJPY Q3 | D21 | W30 | Y25📊EURJPY Q3 | D21 | W30 | Y25
Daily Forecast 🔍📅
Here’s a short diagnosis of the current chart setup 🧠📈
Higher time frame order blocks have been identified — these are our patient points of interest 🎯🧭.
It’s crucial to wait for a confirmed break of structure 🧱✅ before forming a directional bias.
This keeps us disciplined and aligned with what price action is truly telling us.
📈 Risk Management Protocols
🔑 Core principles:
Max 1% risk per trade
Only execute at pre-identified levels
Use alerts, not emotion
Stick to your RR plan — minimum 1:2
🧠 You’re not paid for how many trades you take, you’re paid for how well you manage risk.
🧠 Weekly FRGNT Insight
"Trade what the market gives, not what your ego wants."
Stay mechanical. Stay focused. Let the probabilities work.
FRGNT 📊
EURJPY 4Hour TF - July 20th, 2025EURJPY 7/20/2025
EURJPY 4hour Bullish Idea
Monthly - Bullish
Weekly - Bullish
Daily - Bullish
4hour - Bullish
Bullish Continuation - This is the most likely scenario for EJ this week as nothing suggests anything other than Bullish activity.
EJ could take off right at market open and start pushing up without giving us a retest to enter on. If we do get some sort of retest or pullback, look for rejection as close to 172.400 as possible before looking long.
If this does execute it looks like it will be a very small window of opportunity to enter. Trade cautiously with EJ in this bullish scenario.
Bearish Reversal - This scenario is less likely but is much more favorable in my opinion.
For us to consider EJ bearish we would need to see a clear break below 172.400 with a lower high below. This would give us enough confidence to consider short scenarios and start looking lower toward major support levels like 170.750.
EUR/JPY – Double Top with RSI Divergence (Bearish Setup)Technical Analysis (Short Trade Idea)
EUR/JPY is forming a textbook double top pattern with notable bearish signals:
First top: 173.242
S econd top: 173.111 (lower high, indicating weakening bullish pressure)
Neckline: 171.650 – key support level, potential breakdown trigger
RSI divergence: Bearish divergence observed as RSI prints lower highs while price forms nearly equal tops, signaling momentum loss
This structure suggests a potential reversal from recent highs. A short opportunity may arise if price breaks below the neckline at 171.650 with confirmation.
Trade Setup
Sell Stop: 171.650
Stop Loss: 173.148
Take Profit 1: 170.180
Take Profit 2: 168.642
EURJPY Hits Major Weekly Supply | Is the Bull Run Over?EUR/JPY – Institutional Macro Context (COT)
EUR (Euro)
Non-commercials net longs increased by +16,146 → strong buying.
Commercials added +25,799 long positions.
✅ Bias: Moderately bullish.
JPY (Japanese Yen)
Non-commercials decreased longs by -4,432.
Commercials cut -20,405 long contracts.
❌ Bias: Bearish pressure remains on JPY.
Conclusion (COT): EUR remains fundamentally strong, JPY structurally weak. Institutional flows favor long EUR/JPY, but positioning is stretched.
Seasonality (July)
EURJPY shows strong bullish seasonality in July, especially over the 2Y and 5Y averages (+1.03% and +0.66% respectively).
✅ Seasonality bias: Bullish.
Retail Sentiment
89% of traders are short on EUR/JPY.
Contrarian bias = bullish confirmation.
Technical Analysis (Weekly View)
Price is pushing into a major weekly supply zone around 172.50–173.00.
RSI still elevated but showing signs of weakening momentum.
Potential double top structure forming in confluence with liquidity grab.
First downside target sits around 169.50 (daily demand zone).
Awaiting a reaction in supply and confirmation for short.
Trading Plan (Top-Down)
Wait for price to reject the 172.50–173.00 area
Watch for bearish confirmation on Daily (engulfing or lower high)
Target: 169.50 zone
Risk: tight above 173.20 (invalidating supply zone)
EURJPY – WEEKLY FORECAST Q3 | W30 | Y25📊 EURJPY – WEEKLY FORECAST
Q3 | W30 | Y25
Weekly Forecast 🔍📅
Here’s a short diagnosis of the current chart setup 🧠📈
Higher time frame order blocks have been identified — these are our patient points of interest 🎯🧭.
It’s crucial to wait for a confirmed break of structure 🧱✅ before forming a directional bias.
This keeps us disciplined and aligned with what price action is truly telling us.
📈 Risk Management Protocols
🔑 Core principles:
Max 1% risk per trade
Only execute at pre-identified levels
Use alerts, not emotion
Stick to your RR plan — minimum 1:2
🧠 You’re not paid for how many trades you take, you’re paid for how well you manage risk.
🧠 Weekly FRGNT Insight
"Trade what the market gives, not what your ego wants."
Stay mechanical. Stay focused. Let the probabilities work.
FRGNT FOREX ANALYSIS 📊
EURJPY / Euro – Japanese Yen (2H) – Bullish Structure Rebuilding
Hello awesome traders! 👋
Wrapping up the week with one more setup review — this one’s moving step by step, and now testing a critical level. Let's break it down.
📌 Pattern Breakdown
We had a clean multi-leg impulse and harmonic rotation:
🔹 D-leg reversal formed at 170.809, right inside the PCZ
🔹 Strong rally into the 23.6% fib zone (172.895)
🔹 Partial profits were taken at that first resistance
🔹 Price is now testing that same level as resistance turned support (R→S)
This is the decision point — a confirmed hold above 172.89 signals potential continuation toward TP1.
🎯 Targets Ahead
📍 TP1 Zone:
• 78.6% = 173.694
• 100% = 174.215
💡 But first — 23.6% is the gate. If it holds as new support, momentum should carry this back into the higher fibs.
🧠 What to Watch
✅ Structure respected from PCZ
✅ Partial taken on first reaction
🟡 Now watching reaction at 23% for direction:
• 🔼 Break + hold → continuation toward TP1
• 🔽 Failure + breakdown → reversion back into PCZ
🗝 Final Thoughts
This is how measured setups evolve — from structure → to reaction → to resolution.
You’ve got the edge — now it’s about letting price show the hand.
“The 23% isn’t just a pullback — it’s a pressure point. Hold it, and the next move builds.”
EURJPY Short Swing TradeOANDA:EURJPY Short trade, with my back testing of this strategy, it hits multiple possible take profits, manage your position accordingly.
This is good trade, don't overload your risk like greedy, be disciplined trader, this is good trade.
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice