EURJPY SHORT
Price broke out the resistance zone and it's heading to the support zone in which price has tested so many times, and price might head to the 140.780 zone, but note that the price zones listed on the short projector isn't valid as a limit order or stop order, but just to display where I want price to head to.
Note
The H1 timeframe, price is expected to fill the imbalance which is above this recent resistant point, it's rejecting, and when it does it, we are likely to see a head and shoulder pattern, that sells to the downside, also see that price went to test the order block, before making these bearish movement.Note
On the H1 price have filled the imbalance as projected, but it hasn't broken any previous low structure, it seem like going to test the recent resistant level before the drop.Trade fermée manuellement
On this H4 timeframe, after price broke the previous resistant zone and made it a support zone, it tested it three times and that shows that the support zone is a strong zone, so I am letting this pass for now, till I see a much clearer opportunity
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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.