EURJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We are extremely bullish on EJ once again and we do have daily structure that formed near 134.300. This could be the rally to new highs & our -27% fib level.
This is a big if, so to be safe want to exclusively enter long scenarios on 4hour structure forming higher lows.
Trade scenario 2: For us to consider EJ bearish again we would need to see a break below 137.000 with lower highs below.
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We are extremely bullish on EJ once again and we do have daily structure that formed near 134.300. This could be the rally to new highs & our -27% fib level.
This is a big if, so to be safe want to exclusively enter long scenarios on 4hour structure forming higher lows.
Trade scenario 2: For us to consider EJ bearish again we would need to see a break below 137.000 with lower highs below.
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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.