EURJPY has the perfect setup for the long side almost forming consolidation to the move to the upside. All need the risk management with 1-2% of the total account for a nice risk entry, for the potential move to the upside.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (124.45). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (123.40). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURJPY is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (123.8). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Suggestion: BUY EURJPY AT CMP 123.25 SL BELOW 122.30 TGT 124/125 ELSE SELL BELOW 122.20 TGT 121/120.90 SL ABV 123.30
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (124.2). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (124.850). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURJPY is in a range bound and the beginning of downtrend is expected. . The price is above the 21-Day WEMA which acts as a...
If its break trend line .Then you are enter in buy side.
Hey guys, Took a trade this morning on EUR/JPY. The reasons are the following: - Resistance was broken and we see strong bullish candles on H1 - Price is above the daily pivot level, above VWAP and looks like it is also forming inside a flag - The top of the flag is also a supply level = resistance I am a buyer and will target 123.850 - 124.00 levels. The...
Second Chance Trade Setup summary: Profit targets= 570 = {TP3= 110 + TP4= 185 + TP5= 275} pip Stop Loss = 114 pip Reward/Risk > 5 : 1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line ( 123.00) again. if so, traders can set orders based on Price Action and expect to reach short-term targets." ...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (124.45). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (124.43). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...