Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (128.800). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURJPY is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which...
Hello guys i had find this setup in 1h timeframe which is taking resistance at upper trendline we have a good selling opportunity when its break the pattern with above sl and tg at support and plzz before taking any position plzz like share and follow thank you
View: EURJPY may unfold into impulse structure and there by giving an opportunity to trade wave 5 setup ;provided price doesn't breach invalidation point.
Trade Setup summary: Profit targets=1250 pip (85 + 135 + 240 + 350 + 440) Stop Loss =350 pip Reward/Risk > 3.5 : 1 Current Status: Total Profit: 140 pip Closed trade(s): 0 pip Profit Open trade(s): 140 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 119.8 based on 'previous Forecast' at 2020.06.20 : Open Profit: Profit for one trade is 120.18...
LOOKING AT EURJPY YOU CAN SEE WHAT BEEN IN A VERY LONG TERM DOWNTREND WE CAN SEE ON THE CHART WE HAVE STARTED TO MAKE LOWER LOWS,LOWER HIGHS MEANING WE ARE IN A VERY NICE DOWNTREND WE CAN SEE ON THE CHART THAT WE HAVE COME BACK UP TO THE TREND LINE AND WE CAN ALSO SEE THAT WE HAVE SEEN PRICE SLOW DOWN ONCE WE GOT TO THE LEVEL OF THE TREND LINE MEANING POTENTIAL...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (118.16). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Midterm forecast: While the price is above the support 115.850, beginning of uptrend is expected. We make sure when the resistance at 120.800 breaks. If the support at 115.850 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 117.665 on 2019-08-05 and the...
Over time, eurjpy was pushed up from the area of YPP (P) 128.637 and MPP (P) 128.786. It will be stopped around 130.000 and the next week will be come. Weekly Chart 130.000 is not only a round number but also a head & shoulders neckline, so it seems that there are many conscious traders. (Also worried that for MA users 800 EMA and 1600 EMA are...
The above it has been breaken and in smaller time frame place and entry and it is bullish in big time frame
major support on weekly tie frame and daily time frame also test weekly support on 15 min time frame
CURRENT MARKET as down trend scenario... so we excepted that may break low 156.860 1st TP:157.315 if it hit move SL to break even