(BUY, 1HR) EURJPY Watch for Buy Entry To Mini Resistance
Updated
- watch price at 200 ema
- 200 ema may act as resistance due to decrease in momentum at that area
- price may reach 129.800 and pullback towards the mR1 before going up
- if price breaks past the 200 ema and 129.800, buy to t1 - mR2
- breakout from R1 suggests price may continue to scale up after pullback from either the 200 ema or 129.800 price
- 200 ema may act as resistance due to decrease in momentum at that area
- price may reach 129.800 and pullback towards the mR1 before going up
- if price breaks past the 200 ema and 129.800, buy to t1 - mR2
- breakout from R1 suggests price may continue to scale up after pullback from either the 200 ema or 129.800 price
Note
Price retraced back to mR1 after 200 ema acted as support and is moving to T1 as predicted
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