EURJPY is showing strong bullish potential after bouncing off a key support zone around 160.00-161.00. Price has broken out of the demand zone, forming a bullish structure. A higher high and higher low pattern indicate a continuation towards 164.50.
Trade Plan:
✅ Entry: 161.00 - 161.50 (confirmation of support hold)
🎯 Target: 164.50
🛑 Stop Loss: Below 160.00
This setup follows a classic demand zone rejection with bullish momentum. Let’s see how it plays out! What’s your view on this? Drop your thoughts below!
Trade Plan:
✅ Entry: 161.00 - 161.50 (confirmation of support hold)
🎯 Target: 164.50
🛑 Stop Loss: Below 160.00
This setup follows a classic demand zone rejection with bullish momentum. Let’s see how it plays out! What’s your view on this? Drop your thoughts below!
📊Hidden trades, open profits. Are you in? 💰 Can you find them? 🔍
🚀The market speaks, I just listen and trade accordingly. 🎯
🚀The market speaks, I just listen and trade accordingly. 🎯
Related publications
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.
📊Hidden trades, open profits. Are you in? 💰 Can you find them? 🔍
🚀The market speaks, I just listen and trade accordingly. 🎯
🚀The market speaks, I just listen and trade accordingly. 🎯
Related publications
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.