This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
EURJPY is currently in a downtrend on the Daily and 4H, with price nearing the bottom of the daily consolidation zone.
We expect price to continue to S2 where it will either bounce back towards R2 or break lower towards S3.
Confirmation of this bounce is given by a break of the upper band of the trendline channel.
However, until then price is bearish.
