"Top and Bottom Analysis" EURJPY by ThinkingAntsOk
4H Chart Explanation:
- Price broke the Descending Channel.
- Price is on the Weekly Ascending Trendline (Bottom of the Triangle Pattern) and have tested it 4 times.
- If price bounces from here, it has a long potential movement towards the Resistance Zones.
- The next Resistance Zone is 123.22, the next one is 125.044 and the last one is 126.764.
The Weekly and Daily Analysis also supports that idea. Take a look!
Weekly Vision:
Daily Vision:
- Price broke the Descending Channel.
- Price is on the Weekly Ascending Trendline (Bottom of the Triangle Pattern) and have tested it 4 times.
- If price bounces from here, it has a long potential movement towards the Resistance Zones.
- The next Resistance Zone is 123.22, the next one is 125.044 and the last one is 126.764.
The Weekly and Daily Analysis also supports that idea. Take a look!
Weekly Vision:
Daily Vision:
Disclaimer
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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.