EURJPY : BULLISH TRIANGULAR WAVEGo long at current levels keeping the mini stop loss below the level of wave-c that is 125.900. The target zone for the structure is 127.200
JPYEUR trade ideas
EURJPY : LOOKING FOR LONG!EURJPY has the perfect setup for the long side almost forming consolidation to the move to the upside. All need the risk management with 1-2% of the total account for a nice risk entry, for the potential move to the upside.
EURJPY SIGNALSi follewed certain rules.
its educational purpose only.
#EURJPY #CopyCat Forex
!!Trust Fibo, Trust Trade!!
Go Long in EURJPYEURJPY
would recommend a buy position in this pair. after a good bull run it has retraced well to .618 fibo levels and consolidated before running and currently given a breakout from the pole n flag pattern. will be a great add for 160 pips with a stop loss near 123.5 (4H closing basis) . if the fall is hard then also consider one hour closing basis.
💡 Don't miss the great buy opportunity in EURJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (124.45). 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.
. The RSI is at 71.
Take Profits:
TP1= @ 125.05
TP2= @ 125.25
TP3= @ 125.50
SL= Break below S2
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EURJPY - 125 is the key level if breaks 128 +Price forming A - triangle pattern and it will break 125 to reach the target of 128 which is the 2019 resistance level, price has all chances to break this level and move further up.
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💡Don't miss the great buy opportunity in EURJPYTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (123.40).
. 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.
. The RSI is at 70.
Take Profits:
TP1= @ 124.50
TP2= @ 125.10
TP3= @ 126.20
TP4= @ 127.00
TP5= @ 128.00
SL= Break below S2
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. . . . . 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 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 ❤️
EURJPY Long IdeaHeya! all here is my bias for EJ, as I shared before (already link the my idea down there) now I'm looking for longs.
eurjpy price is currently respecting the trend line and resistance line 123.525 and is going to continue to sell and head down toward support line 121.554. risking 40-50 pips to gain back in reward 100+ pips
EURJPY Short and Long IdeasEJ is in a downward channel currently, I've mark possible opportunities for the shorts as well as for longs.
Please support me by liking the idea and also if you think the same.
Happy Trading Folks
