Ejshort
EURJPY SHORTEJ approaching some resistance , we should see a fall and retest of the downside , perfect ratio set up on this pair 1:4 upwards. Key support level also marked out on the chart we will see how it reacts to these levels
Top Down Analysis at its bestMONTHLY TIMEFRAME
Price is currently trending down and now we can see some consolidation from last month and this one too.
A test of the 0.382 level on this fib has been achieved. The downward trend to continue
WEEKLY TIMEFRAME
An M-formation pattern is to complete here and more confluence to go for downward movement.
DAILY TIMEFRAME
Price has touched and is currently retesting 123.983 resistance level.
EURJPY SHORTPotential Double top forming reversal pattern will be interesting to see how it plays out , also EJ seems to be very overbought. Hopefully we see some bears in the market .
EURJPY - SELL OPPORTUNITYLooking to SELL EURJPY in SELL AREA and to close position in TP AREAS (+30 PIPS)
Entry Criteria:
- Execute on price action, reversal candle/ signs of exhaustion
- Apply risk management according to your trading style
Trade Safe
EUR/JPY SHORT OPPORTUNITY (4 HOURS):I see a potential Head and shoulders formation, before we go with the overall bias of bullish movement. 120.300 has been a key level of market orders (Multiple taps into this level) which we may need to tap into before flying up.
EURJPY Updateso my thoughts on EURJPY it retraced its way back to the resistance level, and looking back it has touched that level like four times, seems like a pretty strong level to break.
uhm the way it has retraced to the resistance level i'll be expecting a really strong movement on the down side, trust your insticts right?
Have a profitable Tuesday.
drop your thoughts down on the comment section, thanks
EURJPY On A Bullish Trendwe should expect the pair to be on a bullish trend but we should expect a little noise on the 50% level, and a little retracement before it continues to the upside.
Those are my thoughts, please leave your thoughts down at the comment section.
Y'all have a profitable week
EUR/JPY SHORT OPPORTUNITY (4 HOURS):EJ will have one last stab at liquidity region (fulfilling fib retracement) before fall.
EUR/JPY SELL SIGNAL Hey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
Market-Sell: 121,400
Stop-Loss: 122,650
Target 1: 120,000
Target 2: 119,370
Target 3: 118,535
Stop-Loss: 125 pips
Risk: 1%
Risk-Reward: 2,40
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
EUR/JPY and a potential SELL SETUP Hey tradomaniacs,
EUR/JPY is currently fighting at very crucial price-area.
This potential breakout could cause a continuation to the downside as soon as the marked up key-support-area is broken.
Key-Levels are also marked up in the monthly and weekly- chart below.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
EUR/JPY SELL SIGNALHey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
Market-Sell: 119,585
Stop-Loss: 120,100
Target 1: 118,920
Target 2: 118,500
Target 3: 118,190
Stop-Loss: 51,5 pips
Risk: 1%
Risk-Reward: 2,65
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
EURJPY SHORT 116.950 250 PIP move!with the unemployment rates coming out for JPY I believe this pair will DIP down to this 116.950 levels
EURO just saw a upswing with a weak DXY yesterday however I am of strong influence that EJ will sink in favor of yen safe haven.
IF I am wrong I have posted the high of 121.0 which would be hit if EJ flys because of a weak YEN.
YEN> USD
USD was very weak today but with end of May tomorrow I believe a 50-60 pip move is in store for DXY
EURJPY SHORTEJ has seen huge bullish oves the last 3 days braking out of a downtrend with little to no retracement. I expect bullish pressure will become exhausted at the 118.5 zone and the leg down will begin.
Lets Go Short?!Moving into the new week, I will be looking to take this pair short for obvious reasons, break and retest of support area now turning into possible resistance.
The overall trend on this market is down and on the 4H TF u can see strong bearish pressure just totally ramming through said support now retesting, so I do not see any reason not taking this trade
UNLESS.....:(
EUR/JPY SELL SIGNALHey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation.
Market Sell: 116,210
Stop-Loss: 116,415
Target 1: 116,000
Target 2: 115,900
Target 3: 115,790
Stop-Loss: 20,5 pips
Risk: 1-2%
Risk-Reward: 2,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
EUR/JPY SELL SIGNAL Hey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation.
Type: Day-Swingtrade
Market Sell: 118,500
Stop-Loss: 119,090
Target 1: 118,000
Target 2: 117,570
Target 3: 117,025
Stop-Loss: 59 pips
Risk: 1-2%
Risk-Reward: 2,63
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
