EUR/JPY | Potential Upward Movement 🚀🚀🚀
EUR/JPY | Potential Upward Movement 🚀 🔨
Technical Analysis:
Starting by the higher time frame the coin is posting higher highs and lows by smashing all the daily resistances. Recently, a correction count has been posted toward the new daily support. on the lower time frame the price is heading toward a strong confluence area between the 61.8% Fibonacci retracement, the trendline and the daily support at 128.26 level. This might lead to a move upward to the 129.14 mark.
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Trade Idea:
Buy Limit @ 128.26
Take Profit @ 129.14
Stop Loss @ 127.83
Trade Safely 🙂
Technical Analysis:
Starting by the higher time frame the coin is posting higher highs and lows by smashing all the daily resistances. Recently, a correction count has been posted toward the new daily support. on the lower time frame the price is heading toward a strong confluence area between the 61.8% Fibonacci retracement, the trendline and the daily support at 128.26 level. This might lead to a move upward to the 129.14 mark.
-------------------------------------------------------------------------------------
Trade Idea:
Buy Limit @ 128.26
Take Profit @ 129.14
Stop Loss @ 127.83
Trade Safely 🙂
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