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Euro / Yen giapponese
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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

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

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

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

istantanea
Trade attivo
Buying at these levels
Nota
Targeting: 129.130

istantanea

Off until tomorrow.
Cheers
Nota
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
Nota
2nd attempt to break the range to the upside

istantanea
Nota
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....
Nota
Getting smashed.

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

I think it's gonna make it now, bulls seem to have taken control again...
Nota
istantanea
Nota
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
Nota
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!
Nota
Still holding my bullish view
Nota
The close of the candle on h1 is crucial. Must be above 128.550
Nota
If price doesn’t close in 30 Minutes in the range I will close my trade with a loss and initiate a short
Nota
Must be above 560 at least
Nota
Taking the loss! Flipping to the short side.
Nota
Targeting 161.8% level @ 128.00

We have a H&S pattern and the neckline has been heavily broken on H1.
Nota
The short should enable us to gain 35 pips and thus reducr the loss of the previous trade.
Trade chiuso: obiettivo raggiunto
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

Pubblicazioni correlate

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.