EURJPYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said last weeks...EJ closed for 1 month and 1 week below 132,500 and even if maybe it will go up 100-120 pips, I expect that in the next period it will reach the level of 618 Fibonacci 129,034 and then go down to the final target proposed for a few weeks ... 125,300
THIS WEEK...EJ reached the area 129,034 as I said last weeks from where it rejected and closed over the Fibonacci area 786 for the 3rd week in a row! in the next period I expect to make a range between the areas 129,500-130,700 and I will expect a break of this range and closing above or below these values on the 1 week chart
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*This information is not a Financial Advice.
Eurjpysignal
EURJPYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said last weeks...as I said last week EJ will make a 150 pips retracement move ... only the move was bigger and more aggressive than I expected!
Now it has re-entered a very difficult area where anything is possible ... my recommendation is to wait to close for 1 month and see where it closes and what the trend will be for July!
if it closes over 132,500 then I think it will retest the area 134 or even higher towards 136.
if it closes below this area ... it will retest the Fibonacci area 618 and then even 0.5
THIS WEEK...EJ closed for 1 month and 1 week below 132,500 and even if maybe it will go up 100-120 pips, I expect that in the next period it will reach the level of 618 Fibonacci 129,034 and then go down to the final target proposed for a few weeks ... 125,300
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
EURJPYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said last weeks...EJ has already made 300 pips out of the 500 I was telling you about and even if it rejects 100-150 and has a range in this area, the final target for the next period is the 129,100 area (Fibonacci 618 for 1 month and from there ... we will reanalyze the whole situation
THIS WEEK...as I said last week EJ will make a 150 pips retracement move ... only the move was bigger and more aggressive than I expected!
Now it has re-entered a very difficult area where anything is possible ... my recommendation is to wait to close for 1 month and see where it closes and what the trend will be for July!
if it closes over 132,500 then I think it will retest the area 134 or even higher towards 136.
if it closes below this area ... it will retest the Fibonacci area 618 and then even 0.5
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
EURJPYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said last weeks...as I was telling you last week, EJ rejected from the very strong resistance formed in the last 4-5 years and from the Fibonacci 786 area on the 1 month chart!
From here ... I will only look for SELL for at least 400-500 pips until the first close even for 1 day over 134,050
THIS WEEK...EJ has already made 300 pips out of the 500 I was telling you about and even if it rejects 100-150 and has a range in this area, the final target for the next period is the 129,100 area (Fibonacci 618 for 1 month and from there ... we will reanalyze the whole situation
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
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
Your Girl wont go down on u, but EURJPY willAbout me:- This is your own scammer demo trader who lived in the stone age era & gained immortality by slaying a Ninja Dragon & his unicorn friend about 2.6 million years ago, then the ninja dragon's master challenged me to fight him for his time travelling rainbow coloured shining sword & his rented Ferrari, of course after beating him as well I used his travelling sword along with rented ferrari came down here in the modern age of 2020, sold his ferrari and managed to gather some money for this trading.
Disclaimer:- Don't Listen to me, I'm not a financial advisor