EURJPY Long Idea
EJ looks to be travelling in an ascending channel with corrective structure repetitions in similarity.
Long position is confirmed by a break in descending channel, price reversed on a 50% fib level
confluent with a support zone, Price also reversed within eliotte wave boundaries for wave
4 and wave 1 relationship. I will wait for a pullback to confirm trade entry,
If you enjoyed this post please do hit the like and follow buttons for more of my work. Those clicks
come highly appreciated.
Please feel free to comment with your views as well, it would be great to learn from each other.
Long position is confirmed by a break in descending channel, price reversed on a 50% fib level
confluent with a support zone, Price also reversed within eliotte wave boundaries for wave
4 and wave 1 relationship. I will wait for a pullback to confirm trade entry,
If you enjoyed this post please do hit the like and follow buttons for more of my work. Those clicks
come highly appreciated.
Please feel free to comment with your views as well, it would be great to learn from each other.
Trade active
Trade closed: target reached
Target beautifully hit
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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.