EURJPY
💡 Don't miss the great buy opportunity in EURJPYTrading 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.
. The RSI is at 71.
Take Profits:
TP1= @ 125.05
TP2= @ 125.25
TP3= @ 125.50
SL= Break below S2
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💡Don't miss the great buy opportunity in EURJPYTrading 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 support.
. The RSI is at 70.
Take Profits:
TP1= @ 124.50
TP2= @ 125.10
TP3= @ 126.20
TP4= @ 127.00
TP5= @ 128.00
SL= Break below S2
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💡Don't miss the great buy opportunity in EURJPYTrading 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.
. The RSI is at 50.
Take Profits:
TP1= @ 124.65
TP2= @ 125.10
TP3= @ 126.00
SL= Break below S2
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💡Don't miss the great sell opportunity in EURJPYTrading 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 support.
. The RSI is at 33.
Take Profits:
TP1= @ 123.45
TP2= @ 123.05
TP3= @ 122.55
SL: Break Above R2
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💡Don't miss the sell opportunity in EURJPYTrading 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 dynamic support.
. The RSI is at 30.
Take Profits:
TP1= @ 124.250
TP2= @ 123.850
TP3= @ 123.150
SL: Break Above R2
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EUR/JPY: I am a buyer.. Why? 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 R/R ratio for this trade is about 2.3.
Check out my previous ideas as well ;)
Trade at your own risk
EURJPY Second Chance: Profit= 570 SL= 114 Reward/Risk > 5:1Second 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."
New Take Profits:
TP3= @ 121.90
TP4= @ 121.15
TP5= @ 120.25
SL= Break above 123.38
--------------------------------------------------------------------------------------------------
First Buy Current Status:
Total Profit: 757
Closed trade(s): 226 Profit
Open trade(s): 531 Profit
Trade Setup:
We opened 5 Sell trade(s) @ 124.43 based on 'previous Forecast' at 09.16.2020:
Closed Profit:
TP1 @ 123.60 touched at 09.17.2020 with 83 Profit.
TP2 @ 123.00 touched at 09.21.2020 with 143 Profit.
83 + 143 = 226
Open Profit:
Open trade is 122.66(current price) - 124.43 (open price) = 177
3 trade(s) still open, therefore total profit for open trade(s) is 177 x 3 = 531
Technical analysis:
. EURJPY is in a downtrend and the continuation of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 26.
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Don't miss the great sell opportunity in EURJPYTrading 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 dynamic resistance.
. The RSI is at 55.
Take Profits:
TP1= @ 123.75
TP2= @ 123.30
TP3= @ 123.05
SL: Break Above R2
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ForecastCity English Support Team ❤️
Don't miss the great sell opportunity in EURJPYTrading 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 dynamic resistance.
. The RSI is at 27.
Take Profits:
TP1= @ 123.60
TP2= @ 123.00
TP3= @ 121.90
TP4= @ 121.15
TP5= @ 120.25
SL: Break Above R2
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ForecastCity English Support Team ❤️
Don't miss the great sell opportunity in EURJPYTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (126.68). 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 support.
. The RSI is at 52.
Take Profits:
TP1= @ 125.95
TP2= @ 125.35
TP3= @ 124.30
TP4= @ 123.00
TP5= @ 122.35
SL: Break Above R2
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ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in EURJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (126.05). 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.
. The RSI is at 53.
Take Profits:
TP1= @ 126.75
TP2= @ 127.00
TP3= @ 127.35
SL= Break below S2
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Trade well, ❤️
ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in EURJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (125.5). 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.
. The RSI is at 65.
Take Profits:
TP1= @ 126.20
TP2= @ 126.75
TP3= @ 127.35
SL= Break below S2
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Trade well, ❤️
ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in EURJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (125.1). 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.
. The RSI is at 63.
Take Profits:
TP1= @ 125.50
TP2= @ 125.80
TP3= @ 126.00
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
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Trade well, ❤️
ForecastCity English Support Team ❤️