A beautiful bullish channel has formed on the EURJPY 4H Chart and price even broke out of it this week.
Price is likely to continue on this bullish trend and get rejected at either one of the key resistance levels.
I'll probably go long on a shorter timeframe while being careful during the time that price is hitting the key resistance level.
Thank you for reading and happy trading!
Disclaimer:
I am not a professional trader, financial/investment advisor, broker and/or dealer. The idea above is strictly based on my opinion and should only be used for entertainment/educational purposes only. Do conduct your own due diligence and do not act solely based on any information conveyed in this Trade Idea.
Price is likely to continue on this bullish trend and get rejected at either one of the key resistance levels.
I'll probably go long on a shorter timeframe while being careful during the time that price is hitting the key resistance level.
Thank you for reading and happy trading!
Disclaimer:
I am not a professional trader, financial/investment advisor, broker and/or dealer. The idea above is strictly based on my opinion and should only be used for entertainment/educational purposes only. Do conduct your own due diligence and do not act solely based on any information conveyed in this Trade Idea.
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.
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.