EURJPY Retest Short
Analysis
EURJPY has been forming a symmetrical triangle around the 129.35 level. During June and July it formed an ascending channel within the larger triangle.
Trigger
August 2nd it broke and closed outside the ascending channel. Additionally, it closed below a support level August 2nd and 3rd.
Trade
Now looking for a retest of the 129.35 level for a short entry down to 127.65.
EURJPY has been forming a symmetrical triangle around the 129.35 level. During June and July it formed an ascending channel within the larger triangle.
Trigger
August 2nd it broke and closed outside the ascending channel. Additionally, it closed below a support level August 2nd and 3rd.
Trade
Now looking for a retest of the 129.35 level for a short entry down to 127.65.
Catatan
Price has retraced to 129.25 (10 pips short of 129.35), gauge price action (patterns, candlesticks, time frames) for entry points.Catatan
Profit targets near 127.50 and stops around 129.60.Catatan
Bullish engulfing is imminent. Wait for close on 4H and enter trade on break of lows.Trading ditutup: target tercapai
Pernyataan Penyangkalan
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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.