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EUR/JPY

Quoting csc2009
Will another corrective bounce to 139.90 take place? However if that is the case, resistance at 140.09(last month high) should cap upside and bring another decline after that.
TP of 139.95 myself, after that either direction is fine with me.
Any news or expectations you have for eurjpy
Capital management
typhoon approaches Japan, I hope no one gets hurt
http://www.accuweather.com/en/weathe...-typh/29954152
PA on SR plus bear divergence.Also the same setup us CHF-JPY. http://www.forexfactory.com/showthre...70#post7585670
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Quoting BogiFX
PA on SR plus bear divergence.Also the same setup us CHF-JPY. http://www.forexfactory.com/showthre...70#post7585670 {image}
Hi, would have been bear divergence if the last high was a higher high and the stochastic indicated a lower low.
Quoting andrei.z
{quote} Hi, would have been bear divergence if the last high was a higher high and the stochastic indicated a lower low.
Yes i agree its not the exaclly us it could be.
Should it break the horizontal trend line support level near 138.50, EURJPY can test 138.40 and 138.20 before testing 138 levels. However, a reversal towards 138.65 negates the downtrend chances.
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Quoting Fx_Anil
Should it break the horizontal trend line support level near 138.50, EURJPY can test 138.40 and 138.20 before testing 138 levels. However, a reversal towards 138.65 negates the downtrend chances. {image}
Trades closed.138,50 hold atm.H4 SR and PA showing now a reversal set up.
Quoting Fx_Anil
Should it break the horizontal trend line support level near 138.50, EURJPY can test 138.40 and 138.20 before testing 138 levels. However, a reversal towards 138.65 negates the downtrend chances. {image}
You are right, 138.50 seems hold and price is moving towards 138.65. Let's see what will happen tomorrow.
Bears
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Agree that it's a bear, with a second chance of entry at 138.80.
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Elliott Wave for optimum entry, exit and risk management of trades
Quoting csc2009
{quote} You are right, 138.50 seems hold and price is moving towards 138.65. Let's see what will happen tomorrow.
Prices could break 138.80 and tested 138.38. Hope the pair will maintain the horizontal support line and test 138.20 levels.
Quoting BogiFX
{quote} Trades closed.138,50 hold atm.H4 SR and PA showing now a reversal set up.
Quoting Fx_Anil
{quote}
Hey Anil i see that you have nice analyses so i whould like you hear your thoughts about going long on EUR-JPY based on bullish divengence.I when long a bit early,should wait a bit .
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Quoting BogiFX
{quote} Hey Anil i see that you have nice analyses so i whould like you hear your thoughts about going long on EUR-JPY based on bullish divengence.I when long a bit early,should wait a bit . {image}
I agree with your point of divergence but i want to wait till the pair break 138.70 level and then go long for the target of 139.20.
Quoting Fx_Anil
{quote} I agree with your point of divergence but i want to wait till the pair break 138.70 level and then go long for the target of 139.20.
Quoting BogiFX
{quote} Hey Anil i see that you have nice analyses so i whould like you hear your thoughts about going long on EUR-JPY based on bullish divengence.I when long a bit early,should wait a bit . {image}
I made the mistake that i entered a bit early and i just got stopped out .
The pair seems reversing from 138 levels.
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Entering long at 138.25 on exceptional support area. Looking for bounce back up to 138.70 area.

Fib confluence, WS1, DS2, TL seems would be a tough nut to crack
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"Pride always comes before destruction...." -Proverbs 16:18
my account lose again for buy eurjpy, now i order pending sell limit ... may be
market now no friendly for buy in my account... huuuuuuuuuuuuuuuu
i tired look my account ... zzzzzzzz
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