DeGRAM | EURJPY got out from the channel
EURJPY is under an ascending channel above the trend lines.
The price is moving from the upper boundary of the channel and resistance level.
The chart formed a harmonic pattern, exited the channel and then fell under the support level, which coincides with the 50% retracement level.
We expect the decline to continue after consolidation under the trend line.
-------------------
Share your opinion in the comments, and support the idea with a like. Thanks for your support!
The price is moving from the upper boundary of the channel and resistance level.
The chart formed a harmonic pattern, exited the channel and then fell under the support level, which coincides with the 50% retracement level.
We expect the decline to continue after consolidation under the trend line.
-------------------
Share your opinion in the comments, and support the idea with a like. Thanks for your support!
Trade closed: target reached
Closed +169 PIPS
🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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.
🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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.