Japanese Yen/Euro

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Japanese Yen/Euro forum



EURJPY EQH forming after multiple failures to break to the London highs, still looking bearish

EURJPY it’s still on a bearish trend so I think new York will come and take out London highs for liquidity and push price down, but this is too uncertain to trade right now for me


EURJPY attempting a long here....target is prev day high
Snapshot

EURJPY Here’s another 5R setup on EJ. I rate this one 1/3 compared to my ideal expectations. It’s certainly a potential buy zone, but be cautious with the news — most of my JPY setups get stopped out by news before moving in my expected direction. Feel free to check it out.
I’m Mr 1:5, a trader with a fixed risk–reward ratio. Follow me so you won’t miss setups like this. In just a few days, I’ve already had multiple trades hitting 5R.
Snapshot

EURJPY tradingview.com/chart/eySVl46r/
Current setup plan, waiting for retracement to either 50% or 70% FIB before then shorting down, first target aiming for the hourly FVG below and the second target (will be moved to breakeven S.L. if first target hits) is aiming for the hourly OB below which was the move that kicked off this bullish retracement.

EURJPY ok so retrace wanted to go deeper, currently inside 50% fib and 1H FVG zone, waiting to see if price reacts