This is EURJPY on the 15mins Timeframe, Price broke a support and presently ranging which formed a little bullish channel as spotted on the chart.
We will patiently wait for the price to break the current channel upward or downward. IF broken upward, Price might retest the broken support @ 137.127 and start selling and price might also violate to form a false break out and start buying upward
WE DON'T PREDICT. WE REACT TO WHAT WE SEE
WATCH OUT
1. Break of current channel either upward or downward
2. A possible retest of broken support @ 137.127
3. Candlestick confirmation
Kindly like👍 , comment your thoughts and share🙏
We will patiently wait for the price to break the current channel upward or downward. IF broken upward, Price might retest the broken support @ 137.127 and start selling and price might also violate to form a false break out and start buying upward
WE DON'T PREDICT. WE REACT TO WHAT WE SEE
WATCH OUT
1. Break of current channel either upward or downward
2. A possible retest of broken support @ 137.127
3. Candlestick confirmation
Kindly like👍 , comment your thoughts and share🙏