EUR/JPY

probably a good short until the French elections are over

EUR/JPY DAILY

When price, space, and time meet

Update: 700 pip move after hitting the point with 5 levels of confluence, the energy point

Expo33, I am impressed with the call, but I am also somewhat lost on how you determined 5 points of confluence. I understand the two fib and the converging beariish trend lines, but that yellow fan of trendlines, I can only see you determined where to draw about 2 of them...the others just look like mystery lines, with no rhyme or reason. Can you elaborate on your method please?

Yeah! 20 pips bagged. I saw it struggling at 121 so hard, and decided to open small short.

There is possibility for further downside, but be advised of possible 121 retest. If 121 holds then...well you know what.

Waiting for hard down ...

Looking for minor pull back before London.

Price Reject 124.4495, Is it time to go down!?

Price brake @ EMA100 . Will fall down ?

Update : yep, sellers drive the price down

Hello there, don't have much time but i sold ej @ 124.27/124.6, looking to close today and tomorrow before thursday ebc conference. daily and weekly can still reverse back on track and us gap is reached. I don't know what will happen but im happy with the results

Typical Target in sight for EURJPY.

Really want to be careful selling euro still, though it may well head down to 128.0, over past months it's been long.

Going long. Anybody else?

TP @ 130.00 / 130.100 / 130.200

SL @ 129.25

127.94x support level a few times. If the EUR strengthens it may surge towards 131.16x (resistance)

My view: Bearish with 126.5xx a good confirmation of continuation - all things being equal.

Bulls ahead ? Just stalking at their battle

December 2014 high to june 2016 low fib retracement, we've seen a rejection at 61.8 mid september. From that high on sept 22nd to the low on sept 26th fib, we are now moving north to the 61.8, a mere 20 pips away now. I will be watching for rejection there to place a low risk sell order with a SL at 135, and targeting 94. of course I will be moving stop loss,likely on a weekly/biweekly basis, but this looks to me like it is ready to either fall through the floor, or sail for the moon. I am expecting downside obviously, and after that target area is reached (IF it is reached) I see what could be a tremendous opportunity for long term buys. Of course that is a lonnnnnggggg ways away, and for the next couple of years I am expecting solid bearish action. 135 gets taken out, and thats a complete game changer. but for now, looking for shorts.

Let's see if 132.80 holds..