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Eurjpyidea

EUR/JPY - Price Has Reach Supply Zone Nearing 119.00Hello Traders!, What Is The Market Telling Us? Strong bullish momentum in the market after reaching 2-year low Price is over-extended as it is far away from 50EMA (Price always returns to MA) EUR strength could be at a hold after reaching supply zone made form early April When Should We Enter? Best time to enter would be once a clear bearish pattern has been completed on the lower timeframe If price continues to rise slightly or there is no clear pattern, I expect a downside turnaround @119.00 level
Short
by AI_Expert_Advisor
1
Possible Long on EURJPYPerfect Gold setup here. I think this could be an 80 pip long. Here's why... 200-EMA holds as the price bounces off it in the support zone price seems to be breaking the counter-trend and continuing the overall up-trend price dipped into the oversold region on the MFI indicator which hints at a possible reversal Always trade at your own risk. I would take this analysis on the 4-hour chart and go down to the 1-hour chart to draw up key-levels which I'd use to place my entries and exits. Will continue to
Long
by FXTwentyOne
1
EURJPY short trade ideaPlan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
2
EURJPY long trade ideaPlan : trendline and resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
8
EURJPY long trade ideaPlan : trendline and resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
Could EURJPY give us a LONG ENTRY?EURJPY is now in a Key Level, so we need some accumulation before the entry on the value, we can see that the value is also in a 50% of fibo, comes from a strong zone (supply) that the value can't pass, now EURPY is trying to retest the KL to rise up and breake this strong zone. There is a possibility that the value falls to the 61% to retest the downtrend so becareful and wait the confirmation of the value before the entry. FOLLOW ME for more analysis and updates of the same and give a LIKE if you are agree with my analysis.
Long
by BlazeGP
2