EUR/JPY had been struggling with a Falling Resistance the past couple weeks and to end last week, gave us a HUGE play back above the Support Zone and that Falling Resistance to what looks like is giving us a Cup & Handle Scenario!
-My Buy Entry Zone, the "Handle" is not only Fib'd but also finds itself as the potential area where price will Retest the Break of Trend-line!
-BUY-
{ SL } 156.708
{ ENTRY } 157.302 - 157.153
{ TP } 159.750
*TRADING INVOLVES RISK! DO NOT TRADE WHAT YOU DO NOT UNDERSTAND OR HAVE NOT TESTED BEFORE! THIS IS NOT TRADING ADVICE. EDUCTIONAL PURPOSES ONLY!*
-My Buy Entry Zone, the "Handle" is not only Fib'd but also finds itself as the potential area where price will Retest the Break of Trend-line!
-BUY-
{ SL } 156.708
{ ENTRY } 157.302 - 157.153
{ TP } 159.750
*TRADING INVOLVES RISK! DO NOT TRADE WHAT YOU DO NOT UNDERSTAND OR HAVE NOT TESTED BEFORE! THIS IS NOT TRADING ADVICE. EDUCTIONAL PURPOSES ONLY!*
Trade active
Buy Entry - 157.360
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Related publications
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.
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Related publications
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.