HI EVERYONE,
PLEASE SEE MY EURJPY 1H CHART ANALYSIS HERE.
AS WE CAN SEE WE HAVE HAD THE PRICE PUSH THROUGH THE SUPPORT WHICH HAD MULTIPLE TOUCHES. IT BROKE THROUGH RE-TESTED AND WE THEN HAD A STRONG PUSH TO THE DOWNSIDE.
WE NOW HAVE THE PRICE BACK UP TO THE SUPPORT NOW TURNED RESISTANCE LEVEL AND CURRENTLY HAVE A BERISH CANDLE FORMING. I WILL BE WAITING TO SEE WHERE THIS CANDLE ENDS FOR FURTHER BEARISH CONFIRMATION.
MY STOP LOSS AND TAKE PROFITS FOR THIS WOULD BE AS SO:
- SL: 133.625
- TP 1: 133.25
- TP 2: 133.025
ANY LIKES AND COMMENTS WOULD BE APPRECIATED.
DWFX