Possible Long EURJPY on H4
If support zone holds at (C), that is a confluence of fractal support,
weekly pivot (R3) and .50 retracement from the swing high at (B).
All indicators are bullish.
Price could then move up to 146.544, this is the 1.272 extension from (A). Wait for confirmation of support.
This would also be the completion of an ABCD pattern
weekly pivot (R3) and .50 retracement from the swing high at (B).
All indicators are bullish.
Price could then move up to 146.544, this is the 1.272 extension from (A). Wait for confirmation of support.
This would also be the completion of an ABCD pattern
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.