EURJPY is in an uptrend which may bring in many buyers at the retracement zone when it creates higher low. However, when the support breaks, it may be a potential chance for a sell as there is a clear traffic on the left which may be reflected on the right too causing a mirror image. However if the price breaks above the resistance, there will be a potential entry...
Eurjpy has failed the 3 years supply zone of 133.40 to 132.75. now its given clear sell confirmation below of zone 132.75 stop loss 133.40 target 131.20
EURJPY give the sell entry at 132.10 stop loss 1.32.60 targets 1.31 and 1.29.65
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (132.35). 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...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (132.35). 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...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (132.35). 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...
EURJPY Forecast: We will take a short position @ 132.20 (Pending Order) and collect profit by 132.00,131.95 & 131.70 by risking 1-3%. Tips: Keep trailing your SL after 20+ Pips to lock your profit. Many confluence confirmed: Downtrend. Thanks to all those who have followed me and liked my post. Special thanks to all those who DM me and commented on my analysis...
EURJPY Forecast: We will take a Long position @ 131.30 and collect profit as per the target by risking 1-3%. Tips: Keep trailing your SL after 20+ Pips to lock your profit. Many confluence confirmed: Uptrend. Thanks to all those who have followed me and liked my post. Special thanks to all those who DM me and commented on my analysis wanting to know more...
EURJPY crossing support zone ..if it crosses then go for short ...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (131.10). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURJPY is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Eurjpy has leave the strong supply zone at 130.66 and 130.44 and also it have classical bearish divergence at the new demand zone. Now we take the short postion at 130.45 with the stop loss of 131 targets 129.80 and 128.50
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (126.75). 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 downtrend is expected. .The price is above the 21-Day WEMA which acts as a...