It seems that my previous plan with GBPJPY was a bit rushed, although the price still moved as expected after that.
Here is the plan for EURJPY. The price has broken through the 141.4 support area on the daily frame.
However, with the current Japanese economic situation, it will be difficult to get an entry for SELL.
Consider the price reaction at 140,667 to find a BUY entry. If the price continues to go through this zone, the next area is 139.373.
Wait for the reversal signal in the small time frames.
Here is the plan for EURJPY. The price has broken through the 141.4 support area on the daily frame.
However, with the current Japanese economic situation, it will be difficult to get an entry for SELL.
Consider the price reaction at 140,667 to find a BUY entry. If the price continues to go through this zone, the next area is 139.373.
Wait for the reversal signal in the small time frames.
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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.