EUR/JPY (Euro vs Japanese Yen) on the 3-hour timeframe, the technical setup clearly suggests a bullish continuation inside an ascending channel, with a breakout above a consolidation zone.
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🎯 Target Point (as marked on your chart):
Main Target Point: 174.500
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🔍 Analysis Summary:
The price has broken above a resistance zone (around 172.700–172.900).
The chart shows a possible pullback and continuation setup (bullish flag/rounded retest).
The Ichimoku Cloud shows support below, suggesting bullish bias is intact.
The ascending channel remains unbroken and supports higher highs.
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📌 Summary:
✅ Current Price Area: ~172.70
🥅 Target: 174.50
🔄 Potential Retest Zone: ~172.00–172.30 (marked in red box)
Would you like help with entry strategy, stop-loss placement, or trade management based on this setup?
---
🎯 Target Point (as marked on your chart):
Main Target Point: 174.500
---
🔍 Analysis Summary:
The price has broken above a resistance zone (around 172.700–172.900).
The chart shows a possible pullback and continuation setup (bullish flag/rounded retest).
The Ichimoku Cloud shows support below, suggesting bullish bias is intact.
The ascending channel remains unbroken and supports higher highs.
---
📌 Summary:
✅ Current Price Area: ~172.70
🥅 Target: 174.50
🔄 Potential Retest Zone: ~172.00–172.30 (marked in red box)
Would you like help with entry strategy, stop-loss placement, or trade management based on this setup?
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Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold signal's with proper TP & SL for high profits opportunities..
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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.
t.me/RSI_Trading_Point4
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold signal's with proper TP & SL for high profits opportunities..
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold signal's with proper TP & SL for high profits opportunities..
Related publications
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.