Hello guys, here is a good setup on EURJPY.
This pair is ranging from the 17 October when we had that big spike to the upside, around the 121.300 region. We had multiple rejections (wicks, engulfing candles) on that zone, with the last week closing really strong to the downside. So it's three weeks that we are inside this range, can we break that support (120.300) this one?
As you can see we have a nice resistence inside the range around the 121.000 level, that align perfectly with 61,8% Fibo retracement from the top of the range and so from the last push.
I'd like to see finally a push to the 119.640 with a break and retest of our support.
Always wait for candelstick confermations.
SL 121.240
TP1 120.360
TP2 119.640
This pair is ranging from the 17 October when we had that big spike to the upside, around the 121.300 region. We had multiple rejections (wicks, engulfing candles) on that zone, with the last week closing really strong to the downside. So it's three weeks that we are inside this range, can we break that support (120.300) this one?
As you can see we have a nice resistence inside the range around the 121.000 level, that align perfectly with 61,8% Fibo retracement from the top of the range and so from the last push.
I'd like to see finally a push to the 119.640 with a break and retest of our support.
Always wait for candelstick confermations.
SL 121.240
TP1 120.360
TP2 119.640
Dagangan aktif
Dagangan ditutup secara manual
As we saw a little bit of movement on the Asian session, I exit the trade at around +6 pips on the reports regarding US easing on tariffs some against China. This was a good one, let's see how the price will react.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.