EURJPY ... LONG THE EURO

١٠ أبريل ٢٠٢٠

Chart says it all.
We've been in a very long down trend channel and have just found a double bottom and we are starting to form a new ascending parallel channel .

There is potential for us to reach the local high and turn around to see more of a ranging market which will prolong or possibly prevent the larger target but looking at the daily we have so much room to run and we will be taking bites off of this trend for weeks.

٨ يونيو ٢٠٢٠

ملاحظة

We took a bit of a detour at first, but our 3 month target was hit perfectly.

A strong rejection here as expected, we should find a bit of support on the channel midline and then i'd expect consolidation.

٨ يونيو ٢٠٢٠

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