Anbat
Short

EURJPY - 1st Day Strategy Is Bearish

FX:EURJPY   Euro Fx/Japanese Yen
36 0 3
On EURJPY             15 minute chart, price action as hit a major resistance area of 114.000. Blue line it bullish trend line related to current trend. In my opinion: Once EMA 20 (purple line) is broken downward initially, then PA will do a retracement back up (make a double top or bearish reversal pattern)- that will be less risky to trade. Now PA on chart has been in a ranging or sideways direction<--- which is hard to trade, as a business. Next noted support area on chart is 113.600, then next support area is 113.000. Will be looking on 1 hour chart and 5 mn             charts for reversal patterns, because all charts just give you a certain moment in time and a different perceptive of price action.

*If you approach trading as a business instead of going to a casino, you will make better and stronger decisions.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out