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Update of #EURJPY
Hello friends.
Similar to my GBPJPY from today's analysis, this pair having a pause here after a strong uptrend, now the market has three options as always.
Continue sideways
Move to the upside
Move to the downside.
I don't like trading sideways or ranges so here what will be looking at!!
The first that I would like to trade with the trend and we know the trend is to the upside so I want to see the market breaking the resistance level ner 135.50 before I get in trend continuation entry.
The second scenario that might interest me is if the market breaks the neckline " support level" i will look for a retest to sell this market if provided me an entry to target the previous support level near 129.50
Safe trading everyone
Check today analysis below⠀
>>There is no single market secret to discover, no single correct way to trade the markets. Those seeking the one true answer to the markets haven’t even gotten as far as asking the right question, let alone getting the right answer.
Jack Schwager – Author of Market Wizards
_____________________________________________________________________________⠀
-Disclaimer: this information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and i have no reason to act on it and neither should you
Update of #EURJPY
Hello friends.
Similar to my GBPJPY from today's analysis, this pair having a pause here after a strong uptrend, now the market has three options as always.
Continue sideways
Move to the upside
Move to the downside.
I don't like trading sideways or ranges so here what will be looking at!!
The first that I would like to trade with the trend and we know the trend is to the upside so I want to see the market breaking the resistance level ner 135.50 before I get in trend continuation entry.
The second scenario that might interest me is if the market breaks the neckline " support level" i will look for a retest to sell this market if provided me an entry to target the previous support level near 129.50
Safe trading everyone
Check today analysis below⠀
>>There is no single market secret to discover, no single correct way to trade the markets. Those seeking the one true answer to the markets haven’t even gotten as far as asking the right question, let alone getting the right answer.
Jack Schwager – Author of Market Wizards
_____________________________________________________________________________⠀
-Disclaimer: this information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and i have no reason to act on it and neither should you
