EURJPY SHOWING A GOOD DOWN MOVE WITH 1:8 RISK REWARDEURJPY SHOWING A GOOD DOWN MOVE WITH 1:8 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
Eurjpyshort
EURJPY - FALSE BREAKOUT HIGHLIGHTS RANGE-BOUND CONDITIONSSymbol - EURJPY
The EURJPY currency pair is currently testing the upper boundary of its established trading range, indicative of a potential distribution phase. However, this attempt has culminated in a false breakout, with the price subsequently consolidating within the horizontal channel.
Amid a weakening US dollar, the Japanese yen is exhibiting relative strength, exerting downward pressure on the EURJPY pair. Following a retest of the lower boundary of the range, the pair staged a false breakout above resistance, only to retreat back within the channel. This price action suggests a continuation of the distribution pattern, with resistance proving resilient.
Currently, a base appears to be forming near the 163.20 level, which serves as a key support and potential trigger level. A sustained breakdown below this threshold, coupled with consolidation beneath it, may reinforce bearish momentum and pave the way for further downside movement.
Key Resistance Levels: 163.40, 163.60
Key Support Levels: 163.20 (Sell trigger), 162.70
A decisive breach and stabilization below the 163.20 support level could act as a catalyst for an accelerated decline in the pair.
EUR/JPY Short Setup – Bearish Reversal Targeting 161.134 with TiEMA 30 (red): Currently at 162.470
EMA 200 (blue): Currently at 162.071
Trade Setup:
Entry Point: Around 162.978
Stop Loss: Slightly above 163.016 (highlighted in purple zone)
Target (Take Profit): 161.134 (labeled as “EA TARGET POINT”)
Analysis:
Trend: The pair has been trending upwards recently, as shown by the price staying above the 200 EMA.
Current Price: 162.604, just below the proposed entry.
Risk/Reward:
Risk: ~3.8 pips (entry to stop loss)
Reward: ~184.4 pips (entry to target)
This implies a favora
EUR/JPY Bullish Reversal Setup – Entry, Stop Loss & Target StratEMA (30) - Red Line (160.596): Short-term trend.
EMA (200) - Blue Line (161.267): Long-term trend, currently above the 30 EMA indicating a bearish macro trend.
2. Entry Zone:
Marked in purple between 159.751 and 160.161, suggesting a buy (long) opportunity if price retests this demand/support zone.
3. Stop Loss:
Set just below the entry zone at 158.907, protecting against deeper bearish momentum.
4. Target Zone:
163.025 is the profit target, with a purple rectangle showing a resistance/supply zone around that level.
5. Price Action:
The price is currently consolidating near the ent
EURJPY - FALSE BREAKOUT SETS THE STAGE FOR A POTENTIAL DROPSymbol - EURJPY
CMP - 161.95
EURJPY is currently exhibiting a false breakdown of resistance, which signals the formation of a reversal pattern near the upper boundary of the descending price channel. Additionally, market pressure, influenced by the correction of the U.S. dollar, is contributing to this development.
On the daily chart, the overall structure appears bearish. Following the false breakout of the major resistance, a correction is underway, during which the price may test the imbalance zone or the previously broken resistance before continuing its decline after liquidity is captured. The broader trend remains neutral, and in this context, it is prudent to focus on local support levels as potential targets.
Resistance levels: Channel boundary, 162.30, 163.00
Support levels: 160.84, 158.90
A retest of the channel resistance or the range between 162.4 and 163.0 is possible. However, any movement of the price below the resistance of the descending channel, coupled with a consolidation in the selling zone, could trigger further downside movement.
EURJPY- JPY BULLET TRAIN MAY TAKE A HALT & REVERSE ITS DIRECTIONSymbol - EURJPY
EURJPY is currently trading at 168.200
I'm seeing a trading opportunity on sell side.
Shorting EURJPY pair at CMP 168.200
I will be adding more if 168.600 comes & will hold with SL of 169.000
Targets I'm expecting are 165.400 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
EURJPY SELLFOREXCOM:EURJPY
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
EURJPY - 1H PROJECTIONDISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.
EURJPY - 1H PROJECTIONDISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.
EURJPY || M15I used Smart Money Concept
Order blocks ,we use SMC concepts which we follow daily and use them to trade
Order blocks and order flow
Also we verified using fib levels
Disclaimer: Don't take trades based on this ,its my analysis .Do your own analysis and take trade, you are solely responsible
Thank You
EURJPY ANALYSIS ON H4 CHART.Overall, EUR/JPY is ranging across.
The French flash PMI data will be released later at 1615 (SGT).
French Flash Manufacturing PMI (Forecast: TBA, Previous: 55.6 revised from 54.9)
French Flash Service PMI (Forecast: TBA, Previous: 57.0 revised from 57.1)
The German Flash PMI data will be released later at 1630 (SGT).
German Flash Manufacturing PMI (Forecast: TBA, Previous: 57.4 revised from 57.9)
German Flash Services PMI (Forecast: TBA, Previous: 48.7 revised from 48.4)
The eurozone flash PMI data will be released later at 1700 (SGT).
Flash Manufacturing PMI (Forecast: TBA, Previous: 58.0)
Flash Services PMI (Forecast: TBA, Previous: 53.1 revised from 53.3)
Currently, EUR/JPY is bouncing off the support zone of 128.800 and the next resistance zone is at 130.000.
Look for short-term selling opportunities of EUR/JPY if it breaks the support zone of 128.800.
💡Don't miss the great sell opportunity in EURJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (129.59).
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 continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 35.
Take Profits:
TP1= @ 128.52
TP2= @ 128. 01
TP3= @ 127.51
TP4= @ 127.18
TP5= @ 126.44
SL: Break Above R2
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EURJPY ANALYSIS ON H4 CHART.Overall, EUR/JPY is trending upwards. Recently, EUR/JPY broke the support zone of 130.000.
The eurozone CPI y/y data will be released later at 1800 (GMT+8).
Final CPI y/y (Forecast: 5.0%, Previous: 5.0%)
Final Core CPI y/y (Forecast: 2.6%, Previous: 2.6%)
The European Central Bank will be releasing the minutes for the most recent monetary policy meeting later at 2030 (GMT+8).
Currently, EUR/JPY is trading towards the resistance zone of 130.000 and the support zone is at 128.800.
Look for short-term selling opportunities of EUR/JPY.