Hello Everyone,
Currency Pair (EURJPY) appears to be forming various potential setups within the upcoming weeks.
Blue Horizontal Line - (125.475 - 125.525) 50 pip interval
Resistance Level 1 - (126.185-126.235) 50 pip interval
Resistance Level 2 - (126.750 - 126.800) 50 pip interval
Resistance Level 3 - (127.475 - 127.525) 50 pip interval
PA (Price Action) - (124.700 - 124.850) 150 pip interval
Furthermore, the resistance levels represent possible formations if the (blue horizontal line) is coupled (broken). Which can provide further bullish momentum to hit Levels (1-3). As for the current price action, let the market run its intended course and then wait for confirmation at (blue horizontal line).
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
-LionGate
Currency Pair (EURJPY) appears to be forming various potential setups within the upcoming weeks.
Blue Horizontal Line - (125.475 - 125.525) 50 pip interval
Resistance Level 1 - (126.185-126.235) 50 pip interval
Resistance Level 2 - (126.750 - 126.800) 50 pip interval
Resistance Level 3 - (127.475 - 127.525) 50 pip interval
PA (Price Action) - (124.700 - 124.850) 150 pip interval
Furthermore, the resistance levels represent possible formations if the (blue horizontal line) is coupled (broken). Which can provide further bullish momentum to hit Levels (1-3). As for the current price action, let the market run its intended course and then wait for confirmation at (blue horizontal line).
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
-LionGate
Comentário:
Penetration Infiltrated - Previous Support Equating into Resistance. Acknowledge the various variables that can dictate price direction
-LionGate