EURJPY Long Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Price action is currently very bullish and recently found support at 130.000 before rallying. Now we’re mid rally and need to wait for a pullback with a confirmed higher low to enter long. Look to target toward our -27% fib level.
Trade scenario 2: For us to consider short opportunities on EJ we need to first see a break back below 130.000 with a lower high below. Look to target lower toward key support levels.
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Price action is currently very bullish and recently found support at 130.000 before rallying. Now we’re mid rally and need to wait for a pullback with a confirmed higher low to enter long. Look to target toward our -27% fib level.
Trade scenario 2: For us to consider short opportunities on EJ we need to first see a break back below 130.000 with a lower high below. Look to target lower toward key support levels.
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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.
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.