EURJPY time to buy
The price was able to break through the resistance line and fall to the support line. This is an important move since the last breakout of this line was in the spring of 2020.
After such a sharp collapse, I expect the price to start rising. Moreover, she touched the support line. And it is already clear that he is trying to gain a foothold on it.
This gives us a signal to open a buy trade.
TP is defined by a strong resistance line.
Install the SL in the area of the support zone.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
After such a sharp collapse, I expect the price to start rising. Moreover, she touched the support line. And it is already clear that he is trying to gain a foothold on it.
This gives us a signal to open a buy trade.
TP is defined by a strong resistance line.
Install the SL in the area of the support zone.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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