EURJPY - Bullish?
Here is what I'm seeing with this pair:
EJ - 4HR
– Breach of 4hr trendline, Expecting Pullback before possibly taking a long
position. Stops placed under previous lows
EJ - Daily
– Failure to break previous support now acting as resistance (Multiple tests)
– Tweezer Bottoms on what would be Wednesday and Thursday (Bullish
Reversal Signal)
– Daily bias would be Bullish currently
EJ - 4HR
– Breach of 4hr trendline, Expecting Pullback before possibly taking a long
position. Stops placed under previous lows
EJ - Daily
– Failure to break previous support now acting as resistance (Multiple tests)
– Tweezer Bottoms on what would be Wednesday and Thursday (Bullish
Reversal Signal)
– Daily bias would be Bullish currently
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