EURJPY SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARDEURJPY SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Eurjpyforecast
EURJPY SHOWING A GOOD UPWARDMOVE WITH 1:10 RISK REWARD EURJPY SHOWING A GOOD UPWARD MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
EURJPYSHOING A GOOD UP MOVE WITH 1:10 RISK REWARDEURJPYSHOING A GOOD UP MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction
niw it trying to break the strong resistant lable
B. after the break of this rectangle it will bost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout
BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capital
follow risk reward and tradeing rules
that will help you to to become a better trader
thank you
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction
niw it trying to break the strong resistant lable
B. after the break of this rectangle it will bost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout
BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capital
follow risk reward and tradeing rules
that will help you to to become a better trad
EURJPY SHOING A GOOD UP MOVE WITH 1:10 RISK REWARD EURJPYSHOING A GOOD UP MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction
niw it trying to break the strong resistant lable
B. after the break of this rectangle it will bost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout
BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capital
follow risk reward and tradeing rules
that will help you to to become a better trader
thank you
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction
niw it trying to break the strong resistant lable
B. after the break of this rectangle it will bost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout
BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capital
follow risk reward and tradeing rules
that will help you to to become a better trader
thank you
EURJPY | Good Buy Opportunity. Hurry Up!When it comes to the technical analysis of EURJPY , you might get an impulse to the upside. Based on my technical analysis , there aren't many supports till the Target 1. So you may use this as a buy opportunity. If you are going in, better find a pullback. I have marked a good entry area on the chart; you may use it as an entry area. And also don't forget to place the stop just below the entry area.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
EURJPY Strong Sell (multiple reasons) 📉EURJPY strong sell now!
Things to consider:
1. Channel formation on daily timeframe
2. Bearish momentum (check MACD & MAs)
3. COT report :- 1. EUR - 33k ⬆️ 2. JPY - 61k ⬇️
How the enter:
1. Study my analysis
2. Locate all the important price areas
3. Entry level is already hit so enter on monday when market is up
4. SL, TP 1 AND TP 2 are given in the chart
5. 2+ Risk:Reward
ALL THE BEST!
More downside possible Reasons for trade-
1: Risk Reward 1:3 and 1:5
2. Price broke major consolidation level of 130.60 after 8 days and now returning towards that level
3.Price has created lower high and lower low on 4 hour chart which is confirming downtrend for upcoming days
4.Price closed below major daily support of 131.700
5. Prerequisite for trade is bearish candlestick pattern near trigger level