Eurjpyshort
Short EURJPY 06 Dec, 2021The support at 128.00 has been broken and then re-tested. The H4 view shows that the bears still have the upper hand but I feel that 128.00 will be seen again before the bearish move resumes.
Note also that price has been below the 200 DMA and that by itself is a bearish sign. An entry at / just before 128.00 would permit a small stop loss and my target would be above 125.20 - a nice 4R trade opportunity.
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EURJPY CONTINUATION SHORT www.tradingview.com
Hi everyone!, today I want to bring you eurjpy short, these days there is a panic situation on the stock markets for this reason I would like to buy jpy since it is one of the safe haven pairs of large investors.
I noticed this distribution with the dynamic liquidity trendlines ($) which I expect it to imbalance reaching 75% of the retracement of the entire impulse that caused the rupture of the previous and it also coincides with an important psychological number 128,000 and an area with (x) to mitigate.
As the first targets I identified the gap that has remained open since February and many areas to be mitigated as subsequent targets
EURJPY Trend Analysis over H4 Chart.Overall, EUR/JPY is trending downwards. Recently, EUR/JPY traded into the resistance zone of 128.500.
The German Preliminary CPI m/m data (Actual: -0.2%, Forecast: -0.4%, Previous: 0.5%) released yesterday indicated a decline in inflation for the month of November.
The eurozone CPI Flash Estimate y/y data will be released later at 1800 (GMT+8).
_CPI Flash Estimate y/y (Forecast: 4.4%, Previous: 4.1%)
_Core CPI Flash Estimate y/y (Forecast: 2.3%, Previous: 2.0% revised from 2.1%)
Currently, EUR/JPY is testing the resistance zone of 128.500 and the next support zone is at 127.200.
Look for short-term selling opportunities of EUR/JPY
EURJPY - SHORT (25/11/2021)For me, EUYJPY is in really good bearish trend, we can look by the candle still below the MA trendline. The second reason is when i look into the JPYBASKET, it still in bullish trend and ready to breakout from the bearish trendline, thats why i decided to go short in EURJPY
EURJPY - 4h - Análisis SemanalRisk 1% of your account equity.
SL 129.400
TP1 128.000
TP2 127.468
TP3 127.136
Traders, if you like this idea or have your own opinion about it, write in the comments.
Patience, Discipline and Good Trade!
KISS: Keep It Simple Stupid.
LCCJ
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Arriesga el 1% del capital de tu cuenta.
SL 129.400
TP1 128.000
TP2 127.468
TP3 127.136
Traders, si os gusta esta idea o tenéis vuestra propia opinión al respecto, escribid en los comentarios.
Paciencia, Disciplina y Buen Trade!
Manténgalo simple y estúpido.
LCCJ
EURJPY, A Clean Setup to Short?Price continues to reject the descended trendline and has formed a resistance at 129.3-129.5 price level.
Significant rejections were formed with momentum confirmation, supporting the potential bearish setup.
Should price continue to respect the analysis and remain below the invalidation level at 129.5, we may be looking at downside movement towards 127.5
Keep a lookout for a potential entry within the 129 - 129.25 range as price may present rejections and continue its movement to the downside
EUR/JPY SELL OPPOTUNITY VIEW......
IF YOU WANT TO PERFECT SELL ENTRY.THEN YOU CAN USE SELL STOP @128.641 LEVEL.
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
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EURJPY SHORT (Mean Reversion)Confluences:
1: Stop loss hunt at previous high on weekly level plus a breakout.
2: Price heading towards high of the June(2021) which is an important supply zone with many retail stops.
3: Price has been moving very quickly which signals an over extended market for the pair.
Summary:
Price is currently over extended and has been moving in a up trend for 2 almost weeks straight. We are looking for a potential stop hunt at the high of June where many retail stops may be sitting.
There's is a potential for strong mean revision to take place allowing big players to hunt some stops and grab some liquidity before we see a continuation to the upside in a few weeks to come.
This trade is expected run for the next 8-9 trading days or until the target is reached, whichever comes first. Always remember to Buy to the low and Sell the high. We will see how this current weekly candle closes before looking for any entries early next week.