Comment
EURJPY is bullish as per Ichimoku confirmations as well as ascending P wave structure.
Ichimoku Analysis
- Price above Tenkan sen, Kijun sen, and Kumo
- Chiko Span above candles
Also, market is in ascending P wave structure where resistance between 13.067 and 130.98.
Next Scenario
We can watch H1 or M30 and follow uptrend, expecting the breakout of the resistance. Otherwise, it will go down and test the trend line and Tenkan sen in Daily timeframe.
EURJPY is bullish as per Ichimoku confirmations as well as ascending P wave structure.
Ichimoku Analysis
- Price above Tenkan sen, Kijun sen, and Kumo
- Chiko Span above candles
Also, market is in ascending P wave structure where resistance between 13.067 and 130.98.
Next Scenario
We can watch H1 or M30 and follow uptrend, expecting the breakout of the resistance. Otherwise, it will go down and test the trend line and Tenkan sen in Daily timeframe.
Forex Kei
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Forex Kei
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.