Money Making Opportunities-EURJPY(16-19Jul)

📍 EURJPY Analysis General Overview: • Higher Time Frame: All JPY pairs show a bullish trend due to JPY weakness. This trend is evident across all major currency pairs involving JPY. 📈 Daily Chart: • Buying Opportunity: Look for a potential buying opportunity at 170.57. This level aligns with the ongoing bullish trend. 🟢 4-Hour Chart: • Shorting Opportunity: For traders looking to short, the nearest level is 173.83. Wait for confirmation before entering a short trade at this level. 🔻 1-Hour Chart: • Early Shorting Levels: The earliest shorting levels are between 173.14 and 173.28. These levels can be used for counter-trend trades with proper confirmation. 🔄 Pro Tips: • Monitor JPY Weakness: Keep an eye on the overall JPY weakness across all pairs. This can provide broader context for your trades. • Confirmation is Key: Always wait for your "magic candle" confirmation before entering trades to ensure higher probability setups. • Time Frame Alignment: Make sure your trade setups on lower time frames align with higher time frame trends for better success rates. ________________________________________ Stay updated with more trading insights and tips by following my only account @RaynLim! 🚀📈 #Forex #Trading #EURJPY #TechnicalAnalysis #Bullish #Bearish #ForexSignals #TradeIdeas #DayTrading #SwingTrading #Investing #FollowMe #ForexTrader #Pips