eurjpy short set upeurjpy has respected daily supply twice now and has crashed down. 15 min supply zone was formed and I am hoping that price respects the 15 min supply.
EJ
EURJPY LONG 4HHere EJ has rejected low-lows with lots of liquidity at the bottom demand level, EU is working on trade deals this week which should give the market a catalyst needed for an uptrend. Risk, is due to cornavirus with JPY acting as a safe haven for risk off trading so if entered please keep an eye.
EURJPY Short from Bear Power Point As you can see Bears Defend their first " Power Point" ,
The Power Points #2 and #3 were taken by fast impulse ( which points us for new SHORT players), this impulse looks "artificial".
Usually "artificial" movement knows as " Empty Price Zone", which will be covered very fast
Always look for a price structure to find an entry!
EURJPY - SELL OPPORTUNITYLooking to SELL EURJPY in Sell Area and to close position in TP Areas. (30+ PIPS)
- Enter on Price Action
Trade Safe
EURJPY ANALYSIS - [History Repeats Itself] 13.01.20OANDA:EURJPY
My analysis of EURJPY coming into the week ahead.
History repeats itself!
EJ PLAY WITH PENGUINS TOO:) EURJPY 18/12/2019
Hello Traders!
We would like to show you a game...
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs.
Targets are marked on the chart as a crosshair.
Heart in the box - a place to jump in/out
Sign with exclamation mark - places to be aware of a few different types of reactions from this level
Target sign - the first target to focus on
Thunder sign - spot to react - possible jump to push into reversal
Penguin - expected direction
Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy.
Like it if it was helpful to you. We appreciate the likes and comments.
Provided feedback helps us with the future service. Got questions? Feel free to PM us!
Thank you for your attention,
GOD BLESS U ALL!
EURJPY SHORT Triple top on EJ also looks to be forming a head and shoulders right now on a zone level where price has reacted before. I am in a sell entry to the bottom of the ascending channel, I am thinking more of a swing trade with this being roughly 182 pips however I will see how price reacts around the first ascending channel we are trading within.
EURJPY - SELL OPPORTUNITYLooking to SELL EURJPY in SELL AREA and to close position in TP AREAS. (30+ PIPS)
- Enter on price action, reversal candle
Trade Safe
EURJPY BUYWe see a probable buy on 4hr targeting the descending trend line. Buying pressure currently strong.
THE WAVE IS HERE!EURJPY
Setup: HNS
Confluence:
CRS
BRN
Price break neckline & retrace
Entry:
Sell limit @ 120.90, SL @ 121.40 (50 pips), TP @ 119.90 (100 pips)
EURJPY short. 100 pip targetKeeping it simple, we have a Bearish ABCD pattern completing at a level of resistance. if this current 4hr candle closes below 121.00 then I will be looking to short to at least 119.50.
EURJPY Long SwingH4 Fibs from institutional levels align w/ crossing swing trendlines as well as support (demand) zone.
