EURJPY: Descending Channel
Price is still trading within the daily descending channel
Smaller descending channel within the bigger structure
Would like to see one more push down to retest the TL which
has a LQP confluence 122.500. This level could attract buyers.
Scenario B: Could get a break below the LQP and drop down to
retest the bottom of the daily channel.
Smaller descending channel within the bigger structure
Would like to see one more push down to retest the TL which
has a LQP confluence 122.500. This level could attract buyers.
Scenario B: Could get a break below the LQP and drop down to
retest the bottom of the daily channel.
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Your Dynamic Edge in the Markets....
Free Trading Community: t.me/dynamictrades24
Top Regulated Broker: bit.ly/3U8kjgB
Free Trading Community: t.me/dynamictrades24
Top Regulated Broker: bit.ly/3U8kjgB
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.