Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
📉 Text marks: 🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL. 🔹 ph, pl = protected high or low, which holds current structural impulse. 🔹 bos = break of structure . Based on candle body close below/above previous structural impulse. 🔹 rsz, rdz =...
EURJPY has just tested daily resistance with a nice rejection candle at the 15-minute timeframe. Target projected to the -27.2 fib level on the 4-hour timeframe which is 130.52. Let's see how it goes
Nice Trade Opportunity With This Pair:: SL 1$2 Indicated By Dotted Lines... SL On Chart...