EURJPY
As I said last weeks...EJ makes a dangerous range in this area! Even if I still bet on SELL because on the 1 month chart EJ is overbought and formed W but only up to area 128.700-128.200 where I think EJ will force the climb back to 132,600 which is the Fibonacci level 786!
however ... a close even for 4 hours over 130,700 will force me to think of BUY at least 200 pips!
THIS WEEK...I will keep last week's idea and I will wait for a close above 130,700 (which is also the trend line of the last 10 years) or below 129,600 even for 1 day to decide on a trend!
However ... even if it can go down to the Fibonacci 618 level it is only a matter of days until EJ will force the Fibonacci 786 level from where ... DOWN AGAIN !!!!
Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
however ... a close even for 4 hours over 130,700 will force me to think of BUY at least 200 pips!
THIS WEEK...I will keep last week's idea and I will wait for a close above 130,700 (which is also the trend line of the last 10 years) or below 129,600 even for 1 day to decide on a trend!
However ... even if it can go down to the Fibonacci 618 level it is only a matter of days until EJ will force the Fibonacci 786 level from where ... DOWN AGAIN !!!!
Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
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