EURJPY 4H Long OpportunityEURJPY 4H Long Opportunity Ahead only if we see a nice break on 4H and the 1H tests the break and closes above to complete the 4H bullish pressure
Eurjpytradeidea
EURJPY: Soooo close to TP3!Almost home. Not going to play around with a pullback at this point. Moved SL to just under 1H candle.
+140 pips on this one! We'll see if I can get a few more, or take the SL hit and enjoy the profits!
"Secure the bag!"
EURJPY: Swing trade ideaEURJPY is in strong uptrend. Buys only. Wait for the pullback to land, wait for confirmations, and take a ride uptown to profit glory!
EURJPY D1 Sell AnalysisEURJPY Going to To next TP Point Hopefully.
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EUR/JPY 1H analysis, be cautious.Quite strong trend playing out, you can see it more clearly on the 4H timeframe. But, x/JPY pair trends can break easily as we have seen on GBP/JPY, so be cautious and set your stops.
EURJPY MASSIVE SWING ( DONT MISS THIS ONE)Through back, we had a price that was trapped inside a bearish channel and then price changed direction immediately after tested the overall support, Currently price has break the channel and has provided impulse move to the upside let's wait for a RETEST before Longing EURJPY
EURJPY - SHORT; SELL it right here!This is coming off of a major Double/Triple Top on the daily with not much under it.
Right now probably an equivalent trade (in magnitude) with the AUDJPY short but probably a faster drop.
One can use <25 pip stops here until it fully breaks down - which shouldn't be long.
Here is the Daily
EURJPY - Trade Review & Updated Forecast. Welcome traders to a free analysis breakdown.
Today I have broken down the trade we took on EURJPY, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner.
Feel free to comment a pair or subject you would like me to cover next.
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Alpha Trading Group.
EURJPYprice nearing a strong key area. watch out for price action on this area and look for possible short entries for continuation of downtrend.
EURJPY Long (Break of Resistance)Good moment to buy the EURJPY up/long. You could wait for the pullback to previous resistance if you want to add a few more points to profit.
Elliot Wave: EURJPY Set Up for a Massive Advance The five-wave rally from 119.25 in wave (i) favors the idea wave 2 ended at 119.25, and wave 3 is underway.
It also set the stage for a three-wave correction, which is unfolding as a double zigzag pattern.
I anticipate that wave (ii) will find support circa at 119.560 area, comprising the 78.6 Fibonacci retracement of the advance from 119.25, a key support level, and retest of the weekly descending trendline.
The invalidation level has been indicated on the chart, and the breach of the green line will confirm the pullback has bottomed, and that may trigger upside acceleration for wave (iii) of 3.
Kindly let me know your thoughts in the comment.
Thanks for reading!
Veejahbee
EURJPY Trade IdeaShorting at market price - price has pinned the minor resistance and printed a sell signal (railroad track)
Selling at market price 126.485
SL above highs @ 126.905
TP lower down 2 support 125.123
See EURUSD trade idea to confirm correlation of EUR pairs and analysis
As usual don't bet the farm, good risk management won't kill you but the lack thereof could :)
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EURJPY - DAILY H4 - BUY SETUP SWING TRADEEurJpy - Daily H4 chart- Price dropped into a weekly area of demand which gives us a good trigger to enter longs with a tight stop.
EURJPY waiting for 1 hr breakoutWaiting for breakout from 1 hr range down. Price below long term SMA and 20SMA
Eurjpy Bearish flag pattern Eurjpy Make Down flag pattern ,,
if it break that downtrend flag pattern it going down
tp1 1.3200 and tp2 1.3100 sl above 133.50
Trade with care and happy trading
Asad ullah
short EURJPY @ 129.12I know its ECB day but with the short EUR trade the RR is so fantastic today that it definitely makes sense to trade this one.
Shorting EURJPY here @ 129.12
Stop at 129.52
Targeting 127
Let the games begin . I will be sitting with trigger ready and might pull it off early if we get a decent exit during the statement or the presser.
EURJPY approaching major support, prepare to buyBuy above 123.78. Stop loss at 123.15. Take profit at 125.32.
Reason for the trading strategy (technically):
Price is approaching major support at 123.78 (Fibonacci retracement, Fibonacci extension, horizontal overlap support) and we expect to see a bounce above this level for a rise to at least 125.32 resistance (Fibonacci extension, horizontal swing high resistance).
Stochastic (34,5,3) is seeing strong support above 4.7% where we expect a bounce from.
EURJPY testing major support, prepare to buy for a strong bounceBuy above 122.56. Stop loss at 122.30. Take profit at 123.63.
Reason for the trading strategy (technically):
Price is now testing major support at 122.56 (Fibonacci extension, horizontal swing low support, bullish divergence) and we expect a strong bounce up from this level to reach at least 123.63 resistance (Fibonacci extension, horizontal swing high resistance).
Stochastic (21,5,3) is seeing strong support above 4.1% and also displays bullish divergence vs price, signalling that a bounce is impending.
EURJPY WEEK#7 : 1st Pending Order SetThis would be my first PO this week for EJ. Daily momentum still STRONG BEARISH.
Price find higher position before continue his trend. I wish mine is right.
Happy Trading..
long EURJPY @ 1h @ trading capability for this 1st week `17This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
still long EURJPY @ 1h @ trading capability this 52nd week `16This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
EURJPY End of Uptrend?DISCLAIMER: Hi everyone, I'm new to trading and this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas".
Talk about an uptrend! But as we all know, this cant last too long. Evidence: The highs on Monday 5th and the highs on Wednesday 8th. Forming here a resistance (blue line) two days apart. If we look at the hourly chart the movements after the 8th were small. Not much happening or showing confirmation that the uptrend will keep going. But there are also no new lows. So I've marked a support level from December 2nd that was almost tested on December 8th. Let's wait and see what happens but this could be a good short if that support is broken and indicators are strong. For example look at the RSI. It's been getting oversold all this past week.
