EURJPY trade ideas
EURJPYEJ forms a pennant pattern. so 70% chance for a long run. waiting for a BO.
Use proper Risk Management. Thank you
Good Shorting opportunity in EURJPYSELL @ CMP 129.687 SL 131.405 TP 125.250
Don't risk more than 1% of your account
Make sure to trail your stop loss
Note :- Given Trades are for educational purpose only . Trade at your own risk
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.
EUR/JPYlong:after break or now you can go long on this ..............................................................................................................................................................................................................................................................................................................................................
EURJPY CMP 129.779 BUY @ 129.6-129.5 TARGET 130- 130.4- 130.EURJPY CMP 129.779
BUY @ 129.6-129.5
TARGET 130- 130.4- 130.7- 131.1- 131.8- 132.2+
Short trend is going onAs you seeing in this chart the candles have crossed 200 Moving average and showing a bearish trend oppertunities
EURJPYLOOKING FOR LONG (BUY)
REASONS
1) INVERTED HEAD AND SHOULDER PATTERN
2) MAKING HH AND HL
3) UPTREND TREND LINE
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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.
