This is for short term. Before entering the trade do your own research!
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...
long opportunity in EURJPY. It is getting bullish Divergence on weekly timeframe . as mention i will take 2 trade 1 1 will book on first target and 2nd on 2nd target. stop LOSS -128.215 TARGET- 130.800
Condition:- 1. Daily Channel Formation 2. Support and Resistance 3. Demand and Supply 4. M Formation 5. COT data - 1.EUR ⬆️ 2. JPY ↕️ ENTRY:- 1. Enter on 4hr timeframe 2. follow the analysis ALL THE BEST!
EURJPY Short Risk/Reward: 1:3 Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
EURJPY Long Risk/Reward: 1:4 Give a Like and Feel free to share your opinions in the comment! Thanks 😊
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+...
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...
THERE IS A SELL TREND IN EURJPY ALSO AT PIVOT SO, CAN GIVE PROFIT IF WE GO SHORT ON IT!!! JUST GO FOR IT. :)