Hi guys,
New idea regarding EUR/JPY.
2 SCENARIOS according to what is going to happen.
We do not enter with buy/sell-stop orders, this will be done at market price.
It could happen that the setup forms during the Asian session.
Trade with care.
Please like/comment my ideas if you appreciate my work!
Best,
Jesse
New idea regarding EUR/JPY.
2 SCENARIOS according to what is going to happen.
We do not enter with buy/sell-stop orders, this will be done at market price.
It could happen that the setup forms during the Asian session.
Trade with care.
Please like/comment my ideas if you appreciate my work!
Best,
Jesse
Note
1 Mother candle with so many inside bars = the market is consolidating. It will find a direction in the next couple of hours.
Note
H1 price is breaking the range. We wait for a pullback and re-break of the rangeNote
Price must go back inside the range or at least touch the top of it and rebound Note
In case there is no Pullback, it doesn't matter the trade is cancelled and we find a new setup.Note
The pair is pulling backNote
Currently trading at 38.2% retracement from the topTrade active
Buying at these levelsNote
Targeting: 129.130Off until tomorrow.
Cheers
Note
Morning guys,Still in the trade, seems that bulls are finally waking up we have a strong breakout on m5.
Needs to hold otherwise it will reverse and go down.
Let’s see
Note
2nd attempt to break the range to the upsideNote
As you can see, price respected 127.20% fib extension and closed within the range. This makes me think that bulls can push that higher, to my target at least.
Wait and see....
Note
Getting smashed. Must stay within the range or I will cut the trade and short the pair
Note
Patience is key ! I think it's gonna make it now, bulls seem to have taken control again...
Note
Note
Made a new high at 128.950 but pulled back.Price is still above Fibo and within the range = keeping my trade.
Let’s see where it goes, for the moment it seems not to be clear at all
Note
Since it broke previously the range with a nice bullish candle and made new highs I am still favoring the upside.But you know the market decides it all!
Note
Still holding my bullish viewNote
The close of the candle on h1 is crucial. Must be above 128.550Note
If price doesn’t close in 30 Minutes in the range I will close my trade with a loss and initiate a shortNote
Must be above 560 at leastNote
Taking the loss! Flipping to the short side.Note
Targeting 161.8% level @ 128.00We have a H&S pattern and the neckline has been heavily broken on H1.
Note
The short should enable us to gain 35 pips and thus reducr the loss of the previous trade.Trade closed: target reached
Ok guys the short compensated nearly entirely the loss on the long.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.