EURJPY good looking for buy with small riskreward
We can also see EURJPY in a bullish move .This is a good opportunity to buy at current price and have good R:R of 1:2.5 and may be even more after the price retest at above Support level.
EURJPY DOUBLE TOP NOW , BUY OVERALL UPTREND
Trade Setup summary: Profit targets=1250 pip (85 + 135 + 240 + 350 + 440) Stop Loss =350 pip Reward/Risk > 3.5 : 1 Current Status: Total Profit: 140 pip Closed trade(s): 0 pip Profit Open trade(s): 140 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 119.8 based on 'previous Forecast' at 2020.06.20 : Open Profit: Profit for one trade is 120.18...
LOOKING AT EURJPY YOU CAN SEE WHAT BEEN IN A VERY LONG TERM DOWNTREND WE CAN SEE ON THE CHART WE HAVE STARTED TO MAKE LOWER LOWS,LOWER HIGHS MEANING WE ARE IN A VERY NICE DOWNTREND WE CAN SEE ON THE CHART THAT WE HAVE COME BACK UP TO THE TREND LINE AND WE CAN ALSO SEE THAT WE HAVE SEEN PRICE SLOW DOWN ONCE WE GOT TO THE LEVEL OF THE TREND LINE MEANING POTENTIAL...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (119.80). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a downtrend and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The...
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Sell EURJPY TP 250 pips SL 75 Pips
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (122.7). 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....
EJ has a strong divergence on 1HR and could be a trend reversal.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (118.050). 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....