EURJPY- EuroJen Forex Pair - Idea I
EURJPY
12M: bullish with targets at:
169 → yearly high
174-180 → grey Zone (38,61ext.)
and 187 → yearly high
→ grey zone possible reversal
Quarterly: Bullish Candle closing at the highs
→ close to grey zone, Stochastic at 97
→ bit careful with bullish trades here since Bears might show at 174
Monthly: Pin Bar but poor results. Sentiment is turning from bullish to neutral- bullish since we are seeing a Ascending triangle forming. The triangle is pointing towards the 187 yearly target. A bullish trendline is in place so only bullish trades are taken until the trendline is broken…
→ Stochastic is OB
→ break of triangle might be volatile and intersting to trade
3D: no sign of weakness yet.
All above mentioned Zones will be monitored for possible Signals.
Thanks for reading
12M: bullish with targets at:
169 → yearly high
174-180 → grey Zone (38,61ext.)
and 187 → yearly high
→ grey zone possible reversal
Quarterly: Bullish Candle closing at the highs
→ close to grey zone, Stochastic at 97
→ bit careful with bullish trades here since Bears might show at 174
Monthly: Pin Bar but poor results. Sentiment is turning from bullish to neutral- bullish since we are seeing a Ascending triangle forming. The triangle is pointing towards the 187 yearly target. A bullish trendline is in place so only bullish trades are taken until the trendline is broken…
→ Stochastic is OB
→ break of triangle might be volatile and intersting to trade
3D: no sign of weakness yet.
All above mentioned Zones will be monitored for possible Signals.
Thanks for reading
Publikasi terkait
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.