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VasilyTrader
٨ أيلول سبتمبر ٢٠٢١ ٠٩:٥٤

EURJPY: Inside Bar & Complete Indecision 🇪🇺🇯🇵 بيع

OANDA:EURJPY
EUR/JPYOANDA

الوصف

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EURJPY is trading on a strong daily key level.
The price formed an inside bar formation on that signifying complete indecision.

On 6H time frame we can see in detail how the price acts:
the pair is stuck within a narrow horizontal trading range.

130.75 is its resistance
130.15 is its support

From a current perspective I see two potential scenarios:
  • Bullish
    In case of a bullish breakout of resistance of the range,
    bullish continuation will be expected

    Next daily resistance will be 131.07

  • Bearish
    In case of a bearish breakout of support of the range,
    bearish move will be expected

    Next support will be 129.675


I am on a bearish side and will trade only in case of a bearish breakout,
but who knows.

❤️Please, support this idea with a like and comment!❤️

تعليق

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Check my new analysis on GBPNZD:
Candlestick AnalysisSupport and ResistanceMultiple Time Frame AnalysisEURJPYswingswingtraderTechnical Analysis
التعليقات
KlejdiCuni
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Thanks for sharing!
VasilyTrader
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@KlejdiCuni, you are welcome bro ☺️
ForexTrendline
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Excellent job, keep it up!
VasilyTrader
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@ForexTrendline, thanks a lot buddy!
Investroy
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Same view, time will tell👌🏻
VasilyTrader
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@Investroy, thank you so much brother :)
SignalProvider
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I have the same view on EURJPY
Well done
VasilyTrader
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@SignalProvider, thank you bro!!!
UnitedSignals
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Cheers, bro!
VasilyTrader
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@UnitedSignals, thank you my friend
المزيد