EURJPY

Posts: 1025 · #61 - December 17, 2019, 12:18:08 PM

EURJPY H4 TIMEFRAME ANALYSIS
right now EURJPY is approaching resistan level at 122.55 and since this is the resistan 1st it will be 2nd resistance and will be good option to short or sell EURJPY at 122.55 with take profit at 121.41

Posts: 527 · #62 - December 29, 2019, 07:02:29 PM

EurJpy seems to be going down after approaching the trendline up like the picture below. Because in actual volume movements prices have been unable to rise but are still looking for a good supply area to go down.
I found a good area for selling sell at 123,000 and formed a double top pattern with a target in the area of 120,000 so my advice is to focus on selling.

Posts: 339 · #63 - January 06, 2020, 08:57:33 AM

Eur/Jpy will form a perfect M pattern again and we can use it to open buy at the price of 120,100 so there is still a chance to set a buy limit. Or if you are an aggressive type trader, you can immediately place a buy order at the current price with a stop loss of 119,830. The M pattern that formed makes me sure to put a buy because the accuracy is very high. And we can install take profit at a price of 121,900

Posts: 527 · #64 - February 09, 2020, 07:37:38 PM

Eur/Jpy will be close to the support line and potentially will form a W pattern if later after touching the demand level it will go to the upper supply area. We will take advantage of the buy moment in the support area around the price of 119,639 and we can place our target in the area of 122,200 to perfect the W pattern. Our job is only to wait until the price touches the support area and open buy by placing a loss in the area of 119,000

Posts: 454 · #65 - February 22, 2020, 03:51:11 PM

EURJPY has shown its existence to uptrend conclusively, this is proven by yesterday's weekly candle being technically capable of sulfing weekly candlesticks beforehand. In a trendline line the price still tends to uptrend, after being able to move with a long pip it seems EURJPY will take a short correction at least to the trendline area to make an uptrend again. We can use this moment to open long positions at the price of 119,500 with a target profit at 126,000 for the long term.

Posts: 454 · #66 - April 23, 2020, 02:56:23 PM

European H4 Candle is in a fakeout area and it is likely to rise within the next week Signal buy at the bottom horizontal line after returning to the area

Posts: 364 · #67 - May 01, 2020, 03:31:33 PM

MA5 on the EURUSD pair indicates an uptrend and it is still clear today is also up, our focus is still to buy there is that level area.

Posts: 364 · #68 - May 04, 2020, 11:00:11 AM

Daily MA5 on eurjpy pair is still bearish so our focus is to buy it because I'm sure tomorrow will rise at the following price levels 116.6xx, 116.4xx, 116.1xx

Posts: 364 · #69 - May 06, 2020, 09:19:35 AM

Daily Eurjpy seems to be still bearish but it seems to be reversal and so our focus is to just buy at the price of 114,700

Posts: 364 · #70 - May 08, 2020, 11:31:17 AM

Eurjpy will continue the downtrend but wait until it enters the sell area and now forms a compression so that the risk of entry is small at 115.488 using stop loss

Posts: 527 · #71 - May 11, 2020, 08:23:48 PM

Eurjpy pair will still be running towards supply and our focus is sell because globally the price will still go down we focus on the price of 116,400 for the target can be set alone

Posts: 527 · #72 - May 14, 2020, 11:33:10 AM

Eurjpy pair will likely still go down but at this time it has not reached the nearest supply in the small tf of m15 we will wait there in the price area of 116,000 and we will sell in that area don't forget to use stop loss

Posts: 364 · #73 - May 15, 2020, 06:13:44 AM

On the EUR5 pair MA5 is still below and that means we will still focus on the sell we will wait for the sell moment in the area of the black 11600 horinzontal line price with the closest target in the bottom black line to stop adjusting to each equity

Posts: 527 · #74 - May 15, 2020, 10:26:34 PM

Eurjpy pair will probably still go down but at this time it has not reached the nearest supply in the small tf that is m15 we will wait there in the price area of 116,100 and we will sell in that area don't forget to use stop losses now it will go up can buy if you want

Posts: 339 · #75 - May 17, 2020, 09:44:24 AM

Bollinger bands in the Eurjpy pair are still trending up and we will continue to focus on buying at prices around 115.58 - 115.59 because in that area we will continue the downward trend and follow the big trend, wait for the doji candle on tf h1 see also the wave