JPYEUR trade ideas
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.
💡Don't miss the great sell opportunity in EURJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (133.42).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURJPYis in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 42.
Take Profits:
TP1= @ 133.10
TP2= @ 132.92
TP3= @ 132.73
TP4= @ 132.51
TP5= @ 132.34
SL: Break Above R2
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bullishfirst pattern was an ending diagonal, then it is going for correction. After correction bull will pull the pairs.
SHORT SIDE EURJPYHello guys i had find this setup in 1d timeframe which is made a resistant in upper trendline and and broken trendline which is given a good opportunity to short for swing trading and plzz before taking any position plzz do your own analysis and if you like my analysis plzz like share and follow thank you
EURJPY LongEURJPY Long R/R: 1:3
I'm just beginner, Ready to learn. If I do any mistake, Please guide me. thank you
SHORT SIDE EUR/JPY Hello Guys i had find this trade in 4h timeframe which making resistant in upper trendline and also made distribution zone which gives good opportunity to short after break trendline which i drawn you can short with sl above the resistant zone thank you if you like my analysis do like share and follow thank you
EURJPY ShortEURJPY Short / Support and Resistance R/R: 1:2
I'm just beginner, Ready to learn. If I do any mistake, Please guide me. thank you
EURJPY short/long.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 for a buy.
PS- all entries are taken on the 15 mins candle close.
EURJPY : Backtest for the month of February 2021February was not that profitable a month for the strategy. Had a losing streak in this month.
Eurjpy updateEurjpy 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 is setting up for big run Hi there,
EURJPY is settin gup for big drop. Watch lower time frame fo shorts.
Good Luck
💡Don't miss the great sell opportunity in EURJPYTrading 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 dynamic resistance.
. The RSI is at 45.
Take Profits:
TP1= @ 131.85
TP2= @ 131.65
TP3= @ 131.35
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in EURJPYTrading 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 dynamic resistance.
. The RSI is at 45.
Take Profits:
TP1= @ 131.85
TP2= @ 131.65
TP3= @ 131.35
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in EURJPYTrading 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 dynamic resistance.
. The RSI is at 45.
Take Profits:
TP1= @ 131.85
TP2= @ 131.65
TP3= @ 131.35
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
