EUR/JPY to the Previous High
🔸4H CHART EXPLANATION:
.
.
🔸Price bounced at the Resistance Zone and broke the Ascending Channel.
.
🔸We expected a strong downside move, however, it did not happen.
.
🔸Now, it is breaking the trendline of the structure, so, we consider that it may reach the Resistance Zone again.
.
🔸 Will look for a lower timeframe bullish setup.
🔸DAILY CHART ANALYSIS:
.
.
🔸Price bounced at the Resistance Zone and broke the Ascending Channel.
.
🔸We expected a strong downside move, however, it did not happen.
.
🔸Now, it is breaking the trendline of the structure, so, we consider that it may reach the Resistance Zone again.
.
🔸 Will look for a lower timeframe bullish setup.
🔸DAILY CHART ANALYSIS:
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.