EURJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: EJ is unshakeably bullish and is currently resting right near our 144.000 zone.
Going into this week we’re hoping for a reversal from 144.000 to form structure near 142.000.
If this happens look for a higher low with strong bullish setups to enter long on. Target back toward 144.000
Trade scenario 2: For us to consider EJ bearish again we would need to see a break below 142.000 with structure forming lower highs below.
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: EJ is unshakeably bullish and is currently resting right near our 144.000 zone.
Going into this week we’re hoping for a reversal from 144.000 to form structure near 142.000.
If this happens look for a higher low with strong bullish setups to enter long on. Target back toward 144.000
Trade scenario 2: For us to consider EJ bearish again we would need to see a break below 142.000 with structure forming lower highs below.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.