EJ Long trade idea
This pair has been in a clear uptrend for sometime now. We've tested previous low's on the weekly timeframe, and now we are testing the weekly highs. I strongly see this pair moving to the 125.760 area which is our next weekly resistance area. at this current moment prices are ranging which can possibly be a nice entry point. Also based on the COT report, the euro pairs, and yen pairs have been getting stronger overall.
But remember never to take a trade based on someone's analysis do your own and follow your trading plan. Good luck to everyone.
But remember never to take a trade based on someone's analysis do your own and follow your trading plan. Good luck to everyone.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.