Hello everyone
I got a EURJPY short trade coming up soon.
Reason being is that price came back to the monthly supply zone (blue)
Price than made a EQH zone which got taken out and created a CHOCH.
Price is now consolidating and has formed EQL and EQH but i believe price will break EQH first to come back to 4hr supply zone (yellow).
Some news is also coming out as well which could influence price as well
I got a EURJPY short trade coming up soon.
Reason being is that price came back to the monthly supply zone (blue)
Price than made a EQH zone which got taken out and created a CHOCH.
Price is now consolidating and has formed EQL and EQH but i believe price will break EQH first to come back to 4hr supply zone (yellow).
Some news is also coming out as well which could influence price as well
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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.