EURJPY - Whatch Resistance
#trading_idea 💡
🇪🇺🇯🇵 #EURJPY - Whatch Resistance
On the 4H chart, an ascending triangle pattern is forming. The price is testing resistance at 165.96. MACD points to a possible correction downwards while Bulls & Bears indicator shows the power of bears.
🔼 If buyers have enough strength to break the resistance 165.96, the price will most likely rise to 166.632.
🔽 If the sellers' pressure continues, the most likely scenarios are reaching local support levels 165 or lower.
🔷 React with "👍" if you foresee the price growth and "👎" if you believe it will decrease
➡️➡️ TRY SABIOTRADE NOW
🇪🇺🇯🇵 #EURJPY - Whatch Resistance
On the 4H chart, an ascending triangle pattern is forming. The price is testing resistance at 165.96. MACD points to a possible correction downwards while Bulls & Bears indicator shows the power of bears.
🔼 If buyers have enough strength to break the resistance 165.96, the price will most likely rise to 166.632.
🔽 If the sellers' pressure continues, the most likely scenarios are reaching local support levels 165 or lower.
🔷 React with "👍" if you foresee the price growth and "👎" if you believe it will decrease
➡️➡️ TRY SABIOTRADE NOW
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