EURJPY Long Opportunity EURJPY has Bullish market directionality and is currently on a retracement per the 4 hour charts. Potential entry location at 166,425
Bullish confluences include price trading above the 50 SMA, Bullish momentum from the RSI with the current indication of price sitting within the sweet spot region between 45-55 which signals the need of the retracement. Bullish market structure also present with Higher Low and respective Higher Highs
166,425 is also a break and retest zone which provides an extra layer of confluence from the 4 hour perspective, will be looking at how price action reacts to this level on the 1 hour/ 15min chart for a potential bullish signal.
Eurjpybuysignal
EUR/JPY Bullish Reversal Setup – Entry, Stop Loss & Target StratEMA (30) - Red Line (160.596): Short-term trend.
EMA (200) - Blue Line (161.267): Long-term trend, currently above the 30 EMA indicating a bearish macro trend.
2. Entry Zone:
Marked in purple between 159.751 and 160.161, suggesting a buy (long) opportunity if price retests this demand/support zone.
3. Stop Loss:
Set just below the entry zone at 158.907, protecting against deeper bearish momentum.
4. Target Zone:
163.025 is the profit target, with a purple rectangle showing a resistance/supply zone around that level.
5. Price Action:
The price is currently consolidating near the ent
EURJPY POTENTIAL PROGRESS FORMATION IN PROGRESSWe can see that the pair has turned bullish after a short correction. We have also identified certain patterns which further
support our bullish basis. These have been listed below:
1: The pair is in a strong uptrend as the price is making new highs
2: Trendline breakout
3: Pennant pattern breakout
We will wait for the price to correct on the lower time frames after the trendline breakout then only can we start to look for
reasons to enter long. We do not take trades with less than 1 to 3 risk rewards. If we get stopped out , we follow our trading plan as
we wait for a new setup to form. We only take one entry per setup and do re-enter when stopped out as we see this as revenge/over-trading.
EURJPY BuyTrade (My View)High Probability Trade Alert:::: TragicJohnonAlert::: Trend Continuation With This Pair After That Dip::: TP 1$2 Indicated On Chart Yellow Lines... SL Previous Low... Lets Go, Its Friday
Adjust Your SL Slightly Lower:: Hopefully It Won't Even Think About Making A Turn... Hopefully :)
EUR/JPY BUY IDEA
welcome to new free trade-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
EUR/JPY: Swingtrade-Execution
Notice:
A risky trade I personally take as it is a very nice chance for a pullback here.
Also keeping risk low and manage aggressively!
Market-Buy-Order: 123,615
Stop-Loss: 122,970
Target 1: 124,275
Target 2: 124,850
Target 3: 125,627
Stop-Loss: 64,5 pips
Risk: 0,5% - 1%
Risk-Reward: 3,06
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
EUR/JPY BUY SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. As always we need to wait for a confirmation!
EUR/JPY: Daytrade-Preparation
Market-Buy: 126,710
Stop-Loss: 126,245
Target 1: 127,095
Target 2: 127,410
Target 3: 127,675
Stop-Loss: 46,5 pips
Risk: 0,5% - 1%
Risk-Reward: 2,06
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)