EURJPY Long Signal
Doji Candlestick with ultra high volume on Daily & Weekly timeframe, started at 5-Aug, mean the downtrend is going to be stopped.
Doji Candlestick have been broken up next week of 5-Aug
Consolidation (price correction) started since 15-Aug till now
price it closed to 0 Fibo percent, which is strong support level of the price on weekly and daily frame.
enter buy when find weak shape,
- could be on very low volume on daily time frame, enter next day
- or divergence on 4H time frame support long signal (buy)
Target
T1 @ 163
T2 @ 165.6
the direction could stay long, but we have to wait the price behaviour at 165.6
Doji Candlestick have been broken up next week of 5-Aug
Consolidation (price correction) started since 15-Aug till now
price it closed to 0 Fibo percent, which is strong support level of the price on weekly and daily frame.
enter buy when find weak shape,
- could be on very low volume on daily time frame, enter next day
- or divergence on 4H time frame support long signal (buy)
Target
T1 @ 163
T2 @ 165.6
the direction could stay long, but we have to wait the price behaviour at 165.6
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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.