Long on EURJPY
I wanted to place a buy near the trendline but i I now see this pair going up for several reasons as listed below:
1) This pair has been rallying up and as long as it is above the monthly support of 128.130 I will continue to go long
2) There has been this type of consolidation since the 10th of July but I believe it will continue to move up as it has been making higher lows
3) It bounced of a critical fibonacci zone 61.8% where there was much resistance possibly turned support now.
If it breaks the trend line I will look for short opportunities
1) This pair has been rallying up and as long as it is above the monthly support of 128.130 I will continue to go long
2) There has been this type of consolidation since the 10th of July but I believe it will continue to move up as it has been making higher lows
3) It bounced of a critical fibonacci zone 61.8% where there was much resistance possibly turned support now.
If it breaks the trend line I will look for short opportunities
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.