Auf geht's
Euro / Japanischer Yen
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EUR/JPY: 2 Scenarios, check it out!

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Hi guys,

New idea regarding EUR/JPY.

2 SCENARIOS according to what is going to happen.

We do not enter with buy/sell-stop orders, this will be done at market price.

It could happen that the setup forms during the Asian session.

Trade with care.

Please like/comment my ideas if you appreciate my work!

Best,

Jesse

Anmerkung
1 Mother candle with so many inside bars = the market is consolidating.

It will find a direction in the next couple of hours.
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H1 price is breaking the range. We wait for a pullback and re-break of the range
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Price must go back inside the range or at least touch the top of it and rebound

Snapshot
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In case there is no Pullback, it doesn't matter the trade is cancelled and we find a new setup.
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The pair is pulling back
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Currently trading at 38.2% retracement from the top

Snapshot
Trade ist aktiv
Buying at these levels
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Targeting: 129.130

Snapshot

Off until tomorrow.
Cheers
Anmerkung
Morning guys,

Still in the trade, seems that bulls are finally waking up we have a strong breakout on m5.

Needs to hold otherwise it will reverse and go down.

Let’s see
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2nd attempt to break the range to the upside

Snapshot
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As you can see, price respected 127.20% fib extension and closed within the range.

This makes me think that bulls can push that higher, to my target at least.

Wait and see....
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Getting smashed.

Must stay within the range or I will cut the trade and short the pair
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Patience is key !

I think it's gonna make it now, bulls seem to have taken control again...
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Snapshot
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Made a new high at 128.950 but pulled back.

Price is still above Fibo and within the range = keeping my trade.

Let’s see where it goes, for the moment it seems not to be clear at all
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Since it broke previously the range with a nice bullish candle and made new highs I am still favoring the upside.

But you know the market decides it all!
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Still holding my bullish view
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The close of the candle on h1 is crucial. Must be above 128.550
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If price doesn’t close in 30 Minutes in the range I will close my trade with a loss and initiate a short
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Must be above 560 at least
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Taking the loss! Flipping to the short side.
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Targeting 161.8% level @ 128.00

We have a H&S pattern and the neckline has been heavily broken on H1.
Anmerkung
The short should enable us to gain 35 pips and thus reducr the loss of the previous trade.
Trade geschlossen: Ziel wurde erreicht
Ok guys the short compensated nearly entirely the loss on the long.
SwissPips
Bearish PatternsBullish PatternsChart PatternsEUREURJPYForexfxjpyshortswisspipsTrend Analysis

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Bearish PatternsBullish PatternsChart PatternsEUREURJPYForexfxjpyshortswisspipsTrend Analysis
SwissPips

Verbundene Veröffentlichungen

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.