Hey Guys Nova This side,
As per the supply and demand zone EURJPY will go bit lower low until it reverse.
So made a trading setup for the same make sure to take less risk as much as possible.
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FOREXCOM: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...
DISCLAIMER: 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...
DISCLAIMER: 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...
EURJPY 2H Chart analysis base on SUPPLY AND DEMAND setup with bearish ENGULFING Candle. The triple confirmation, then open SELL ENTRY stop loss 590 pips and take profit 194 pips.
TP-1 143.250
TP-2 142.060
I 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
Major Pivot Breach suggests Trend Shift from Bullish to Bearish.
The nature of pullbacks must be carefully observed.
Idea - Look for shorts - sell trades as the price retraces back to a PREMIUM ZONE.
EURJPY Shorting. not a trade recommendation. Please observe the chart, and do not take any trade which can be a loser too. Thanks. Posting this only for learning purpose for myself.
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:...
Trading 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...
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...
