EUR/JPY LONG
Updated
1M
EMA crossed to the high side. Very strong bullish candles in the last few months.
1W
HH and HL are being formed, alongside EMA pointing to the upside position.
1D
EMA pointing up again on daily. Bullish engulfing on yesterday’s candle close.
4H
Two Rejections off the 78% fib level. Followed by a morning star. 8 hours ago, we also had an inverted hammer, which tested the counter trend line. Finally broke counter trend line with EMA crossing to the upside before the break.
EMA crossed to the high side. Very strong bullish candles in the last few months.
1W
HH and HL are being formed, alongside EMA pointing to the upside position.
1D
EMA pointing up again on daily. Bullish engulfing on yesterday’s candle close.
4H
Two Rejections off the 78% fib level. Followed by a morning star. 8 hours ago, we also had an inverted hammer, which tested the counter trend line. Finally broke counter trend line with EMA crossing to the upside before the break.
Trade closed: stop reached
Stop Loss Reached.
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.