Eur-jpy
EURJPY 4hour Analysis December 13th, 2020EURJPY Long Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Looking to continue long with the trend. Ideally we want to see structure form before entering long so we’re going to look for strong reversal signals near our 38.2% and 61.8% fib level. Target higher toward our 0% fib level and -27% if our monthly resistance at 126.500 is broken.
Trade scenario 2: If we are to enter on short opportunities we need to see a major break of support at 124.750 with a lower high below.
If jpy were to come Strong in the coming days...Likely would like to see it break out of the range lower if JPY came out stronger next week!
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EURJPY 4h analysis 🦐EURJPY on the 4h chart after the last impulse created a minor channel for the retracement.
The price is currently breaking above after touching the 0.382 fib level.
If the market will break and close above the structure we will set a nice long order according to Plancton' strategy.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Leave a comment that is helpful or encouraging. Let's master the markets together.
EURJPY looking for a retracement 🦐EURJPY after the bull run until the 126.500 level hit the monthly resistance structure.
The price couldn't create new highs and will possibly look for a retracement move.
IF the market will break and close below the minor support we will set a nice short order according to Plancton's strategy.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Leave a comment that is helpful or encouraging. Let's master the markets together.
EURJPY doulbe top pattern formed, more downside ! EURJPY doulbe top pattern formed, more downside !Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
EURJPY doulbe top pattern formed, more downside ! EURJPY doulbe top pattern formed, more downside !Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
EURJPY 4hour Analysis December 6th, 2020EURJPY Long Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Overall this pair is extremely bullish and has not yet formed structure. Ideally we want to see a pullback to form structure at either the 38.2% or 61.8% fib level. If we see a strong reversal from either level look to enter long and target back toward our 0% fib level and potentially higher toward our negative fib levels.
Trade scenario 2: If price action is to go bearish we need to see a break of our major support level at 124.800 with a confirmed higher low below.
EURJPY breakout of the neckline , more upside !EURJPY breakout of the neckline , more upside !Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
EURJPY breakout of the neckline , more upside !EURJPY breakout of the neckline , more upside !Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.