Hi guys,
here we have a setup similar to the EURJPY's one.
The last movement broked a daily level (black line) and now we are retesting the resistance zone that could become support.
I've outlined a reversal zone in which i'm going to look for long opportunities.
The potential target could go all way to the 1,3550 level.
Let's see if price gives us a reason for entry.
Good luck!
here we have a setup similar to the EURJPY's one.
The last movement broked a daily level (black line) and now we are retesting the resistance zone that could become support.
I've outlined a reversal zone in which i'm going to look for long opportunities.
The potential target could go all way to the 1,3550 level.
Let's see if price gives us a reason for entry.
Good luck!
Comment:
There's a good reason for entry. If the actual candle will close above the last open, i will buy the market.
