Euro / Yen JepangDiupdate EURJPY 4HR Supply Demand Breakdown - Where do we go?
EURJPY closed in a Supply Zone whilst breaking a weak zone on its journey up.
From here there will be a reaction but where is it going? I cannot predict, no one can, but we can react.
The pair is still very much bearish based off this timeframe, you can see it dropped down in to a Demand Zone which was created way back and the reaction was clear to see.
Since then its been pushing up, it punched through a minor supply zone with very little reaction, but now its arrived at a place where I would expect to see a bigger reaction.
Monday will give a clearer idea of the pairs intentions and I will be down on the lower Timeframes taking the trades based off what the chart is telling me
From here there will be a reaction but where is it going? I cannot predict, no one can, but we can react.
The pair is still very much bearish based off this timeframe, you can see it dropped down in to a Demand Zone which was created way back and the reaction was clear to see.
Since then its been pushing up, it punched through a minor supply zone with very little reaction, but now its arrived at a place where I would expect to see a bigger reaction.
Monday will give a clearer idea of the pairs intentions and I will be down on the lower Timeframes taking the trades based off what the chart is telling me
Catatan
EJ failed to break in to a bullish movement and the pair dropped to the 4hr Demand we had marked out. 
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.