EURJPY – 2H Chart Pattern.
📍 Current area: ~183.45
TP1: 183.85 (near dashed mid-channel / minor resistance)
TP2: 184.10 (Ichimoku cloud top + structure)
TP3 (extended): 184.35 – 184.50 (upper channel resistance)
🛑 Stop Loss
SL: 182.95 – 183.00 (below recent swing low & channel support)
🧠 Logic
Price bounced from lower channel support
Bullish correction inside a descending channel
Upside room till cloud + channel top
👉 Conservative traders: book partial at TP1
👉 Aggressive traders: hold for TP2–TP3 with trailing SL
If my want, I can also give exact entry, risk–reward, or scalp setup.
📍 Current area: ~183.45
TP1: 183.85 (near dashed mid-channel / minor resistance)
TP2: 184.10 (Ichimoku cloud top + structure)
TP3 (extended): 184.35 – 184.50 (upper channel resistance)
🛑 Stop Loss
SL: 182.95 – 183.00 (below recent swing low & channel support)
🧠 Logic
Price bounced from lower channel support
Bullish correction inside a descending channel
Upside room till cloud + channel top
👉 Conservative traders: book partial at TP1
👉 Aggressive traders: hold for TP2–TP3 with trailing SL
If my want, I can also give exact entry, risk–reward, or scalp setup.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.