EURJPY - Take a break before the next leg?
PAIR IN FOCUS: EURJPY
BIAS: BULLISH
HORIZON: SHORT TO MEDIUM-TERM
Price has nicely broken above structures and nearing a higher time frame structure zone. Before that, price could retrace down to retest the broken structure around the 125.50 range before the climb to the targeted structure zone. Look for bullish price action during the retest before any long entries. If price breaks down the 125.50 range strongly, this setup will be invalidated.
Let's see how this works out, Cheers!
BIAS: BULLISH
HORIZON: SHORT TO MEDIUM-TERM
Price has nicely broken above structures and nearing a higher time frame structure zone. Before that, price could retrace down to retest the broken structure around the 125.50 range before the climb to the targeted structure zone. Look for bullish price action during the retest before any long entries. If price breaks down the 125.50 range strongly, this setup will be invalidated.
Let's see how this works out, Cheers!
Trade fechado: objetivo atingido
No retracement and went straight to target zone.
Aviso legal
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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.