EUR/JPY restructure into an ascending channel
Hi guys, we will be looking again in the EUR/JPY Pair as it has broken it's structure quite heavily compared to my previous analysis. Currently we have two options because the pair has dropped towards the lower support level, which we find big amount of support coming in from the buyers.
Option 1 - Entry from the current price with two targets :
Target 1 : 159.453
Target 2 : 162. 500
After the 2nd target is reached we should be fully in the ascending pattern then we would revisit with new targets towards the upper resistance
Option 2 - Entry at 155.300 when we physically touch the strong support level and then enter in a full on ascending / bull trend all the way to 162.500
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
Option 1 - Entry from the current price with two targets :
Target 1 : 159.453
Target 2 : 162. 500
After the 2nd target is reached we should be fully in the ascending pattern then we would revisit with new targets towards the upper resistance
Option 2 - Entry at 155.300 when we physically touch the strong support level and then enter in a full on ascending / bull trend all the way to 162.500
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
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t.me/Capital55DG
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