EURJPY Long Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Overall we are bullish on EJ but we can clearly see that we are stuck in a range. I am favoring a bullish breakout here because this heavy consolidation is occurring at a high and also at key resistance. Wait for a break above resistance at 130.600 with a higher low to confirm. Target higher toward our -27% fib level.
Trade scenario 2: For us to comfortably short EJ we need this range to break bearish. Enter short on a lower high below 130.000 and target key levels of support.
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Overall we are bullish on EJ but we can clearly see that we are stuck in a range. I am favoring a bullish breakout here because this heavy consolidation is occurring at a high and also at key resistance. Wait for a break above resistance at 130.600 with a higher low to confirm. Target higher toward our -27% fib level.
Trade scenario 2: For us to comfortably short EJ we need this range to break bearish. Enter short on a lower high below 130.000 and target key levels of support.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。