Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
EURJPY STILL STRONG UNTIL. 📚
👉 As we can see price is still overall bullish trading inside this channel, and as we mentioned previously in our analysis attached on the chart, price rejected our lower rising trendline and traded higher again!
👉Then let's update our analysis, price traded higher, and as the price will be approaching our upper bound marked zone previous major highs rejecting this zone, Then we will be looking for new bearish correction movements on lower time frame.
Unless price managed to break above the marked zone, then a movement higher would be expected as well. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
EURJPY STILL STRONG UNTIL. 📚
👉 As we can see price is still overall bullish trading inside this channel, and as we mentioned previously in our analysis attached on the chart, price rejected our lower rising trendline and traded higher again!
👉Then let's update our analysis, price traded higher, and as the price will be approaching our upper bound marked zone previous major highs rejecting this zone, Then we will be looking for new bearish correction movements on lower time frame.
Unless price managed to break above the marked zone, then a movement higher would be expected as well. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!