Euro / Iene JaponêsViés de baixa
EURJPY approaching strong resistance, prepare to sell
Sell below 124.62. Stop loss at 125.21. Take profit at 123.19.
Reason for the trading strategy (technically):
Price is approaching strong resistance at 124.62 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) and we expect a drop from this level to at least 123.19 support (Fibonacci extension, horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance below the 94% level where we expect a strong drop from.
Correlation analysis: AUDJPY and USDJPY are expecting bounces. So we have to exercise caution on this trade.
Reason for the trading strategy (technically):
Price is approaching strong resistance at 124.62 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) and we expect a drop from this level to at least 123.19 support (Fibonacci extension, horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance below the 94% level where we expect a strong drop from.
Correlation analysis: AUDJPY and USDJPY are expecting bounces. So we have to exercise caution on this trade.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.