"EURJPY: Top and Bottom Analysis" by ThinkingAntsOk
247
4H Chart Explanation:
- Price is on a Descending Channel, and bounced on the Weekly Ascending Trendline. - Bullish Divergence on MACD. - If price breaks the channel, it has potential to move towards the Resistance Zones. - We are looking for buy setups on lower timeframes.
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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.