EURJPY 22 - 26 FEB
Updated
ANALYSIS
==========
DAILY - BEARISH (ENGULFING + REJECTION WICKS)
4HR - BEARISH ( BREAK OF HIGHER LOWS)
PLAN OF ACTION
================
IM EXPECTING PRICE TO COME RETEST 128 MINOR ZONE ON 4HR THEN WE TAKE SELLS IN LINE WITH THE HIGHER TIME FRAME INDICATION
SELLS:
ENTRY @ 128 ZONE
EXIT AT 127 ZONE OR BELOW
SL ABOVE THE 128 ZONE
IF NOT THEN PRICE WILL BREAK ABOVE THE 128 ZONE AND WE PUSH UP THUS TAKING BUYS
==========
DAILY - BEARISH (ENGULFING + REJECTION WICKS)
4HR - BEARISH ( BREAK OF HIGHER LOWS)
PLAN OF ACTION
================
IM EXPECTING PRICE TO COME RETEST 128 MINOR ZONE ON 4HR THEN WE TAKE SELLS IN LINE WITH THE HIGHER TIME FRAME INDICATION
SELLS:
ENTRY @ 128 ZONE
EXIT AT 127 ZONE OR BELOW
SL ABOVE THE 128 ZONE
IF NOT THEN PRICE WILL BREAK ABOVE THE 128 ZONE AND WE PUSH UP THUS TAKING BUYS
Trade active
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.