EURJPY SELLHi traders, based on the price action of last Friday, I see that the price at the moment lays close to a bearish Orderblock Area and a clear resistance level, which is being approached with very small - body candles.
As a result, I am expecting a fall to fill the Sunday - night to Monday opening.
Good Luck!
Eurjpy!
Eurjpy longEURJPY Buy 138.788
TP 139.788
TP 140.788
TP 141.788
TP 142.788
TP 143.788
TP 144.788
TP 145.788
TP 146.788
TP 147.000
SL 136.000
We buy eurjpy on 26 September almost 3 days passed and market is running almost 250 pips+ profits and 2 target already hit
Why we bought in hour 4 i am seeing a fakeout of trendline thats why i bought eurjpy
EURJPY || M15I used Smart Money Concept
Order blocks ,we use SMC concepts which we follow daily and use them to trade
Order blocks and order flow
Also we verified using fib levels
Disclaimer: Don't take trades based on this ,its my analysis .Do your own analysis and take trade, you are solely responsible
Thank You
EURJPY Trading Plan - 14/Sep/2022Hello Traders,
Hope you all are doing good!!
I expect EURJPY to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
💡Don't miss the great buy opportunity in EURJPYTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (135.50).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURJPY is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 137.04
TP2= @ 138.80
TP3= @ 139.96
TP4= @ 141.12
TP5= @ 142.54
SL= Break below S2
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EURJPY ANALYSIS ON H4 CHART.Overall, EUR/JPY is trending downwards. Recently, EUR/JPY broke the support zone of 127.500.
The eurozone retail sales date (Actual:0.2%, Forecast: 1.5%, Previous: -3.0%) released last Friday indicated a slowdown in consumer spending in January
Currently, EUR/JPY is testing the support zone of 125.000 and the next resistance zone is at 127.500.
Look for short-term selling opportunities of EUR/JPY if it breaks the support zone of 125.000.