This is the result of the analysis I made on 12th February, 2021.
Price eventually broke out of the supply zone, retested and is going higher.
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Trading Involves High...
Ok, Now if we see a strong momentum that would indicate that the price would go upward. a strong break in the support and a large candle give us a strong and clear signal that the price would already go towards 119. Where resistance would be expected.
EURJPY D1 Outlook
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Thank you for...
This pair has been riding in the cloud for a while before finally getting a kumo breakout. This combined with the bullish TK cross we just had, as well as the kumo twist back to bullish, lead me to believe this pair could be headed up. I am targeting the previous high as my TP at 134.23 and setting my stop at the TK cross. If our bullish confirmation signs change,...