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EUR/JPY - Euro Japanese Yen

Real-time Currencies
Currency in
JPY
Disclaimer
163.21
-0.04(-0.02%)
Real-time Data

EUR/JPY Discussions

122.526 would make a reverse head & shoulders on the 4hr
buy and hold
Changed of trend.The formed candles on 1H and 4H are suggesting a strong down trend.Please check your chart and trade carefully.Cheers
Agreed
The trend is down thats the only thing that has me on a sell
If it breaks 123.145 then i think its going more down
I think 122.851 then up
it is retracing now but I believe it will continue its uptrend because it had made a crossed on stochastic coming from below and it broke the 23.6 FIBO.Let us see what will happen.I again entered a buy trade @123.200
in 1H
i wish you have entered a buy order @123.142 .I am sorry I was not able to post my entry. This green candle that has just formed is an engulfing candle.
goin up this time.But still needs confirmations
Thanks, please continue with the update
reversal candles are forming
Now there is  high probability of goin up.Hitting the support zone
still goin down
i hope those who checked thier chart base on the analysis that I gave are also enjoying the profits that I am having.Cheers
Yes
still goin strong down trend
My sell at 123.215 still on hold.Now the true direction will prevail.I think the MM already let go the price after getting so much money from the hit stop loss of traders.GL to evrybody
What's your tp
I just base my analysis in 1H and 4H time frame.Please check them also.Cheers
is time to sell.Please refer to the long wick of the red candle and next candle also formed a small wick red candle also.The higher probability of a change direction going down.It also touch the 200 EMA.It also resisted the 38.2 in FIBO .Your call .In my  analysis it is down trend from now on unless a major news.Happy trading that will change it.Just my sharing It is still your decision to make.
Thanks
Is it time to sell or will it go up some more?
I would say that Market Makers has a big role on the prices because clearly the long wicks on the past 3 hours signals a strong down trend but suddenly a long green candle appeared so we will see once the market makers got hold of the stop losses then the price will continue on its course.Just my observations .Cheers
sure is.Well see what will the market do in a few hours
Broke the resistance over shorter time frame👺
the price is under the 200 EMA
my entry was 123.215
those who uses fibo.the present candles are having difficulties passing the 23.6 and the price is on the top of edge of the B.B.  plus the scholastic had a sharp downward movement crossed.So it a strong signal of a down trend for a moment.Good for scalpers like me.Cheers
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