EURJPY Long on 4H
EXY has been observed Bullish on 4H whereas JXY is observed Bearish on the same TF. Therefore we have established a Long bias on EURJPY.
Upon inspection of
H price chart of EURJPY, it has been printing HHs and HLs and started consolidating near recent HL. However, the pair is likely to resume the uptrend based on overall chart assesment.
It may also be observed that the recent HL has been printed in the Golden Pocket of 50-61.8% fib.
A long entry is planned on upward break of resistance level at 173.003-173.493. RRR of 1:1 is set. Entry, SL and TP have been proportionately marked on chart.
Upon inspection of
H price chart of EURJPY, it has been printing HHs and HLs and started consolidating near recent HL. However, the pair is likely to resume the uptrend based on overall chart assesment.It may also be observed that the recent HL has been printed in the Golden Pocket of 50-61.8% fib.
A long entry is planned on upward break of resistance level at 173.003-173.493. RRR of 1:1 is set. Entry, SL and TP have been proportionately marked on chart.
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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.