EUR/JPY May Rise
#trading_idea 💡
🇪🇺🇯🇵 #EURJPY - Moving Up
On the 4H chart, an ascending triangle pattern is forming. The price is testing resistance at 161, and both Stochastic and the Bulls & Bears indicator suggest a potential continuation of the upward move.
🔼 If buyers have enough strength to break the resistance 161, the price will most likely rise to 162.
🔽 If the sellers' pressure continues, the most likely scenarios are reaching local support levels 160 or 158
🔷 React with "👍" if you foresee the price growth and "👎" if you believe it will decrease
➡️GET $20,000 JUST FOR $99
🇪🇺🇯🇵 #EURJPY - Moving Up
On the 4H chart, an ascending triangle pattern is forming. The price is testing resistance at 161, and both Stochastic and the Bulls & Bears indicator suggest a potential continuation of the upward move.
🔼 If buyers have enough strength to break the resistance 161, the price will most likely rise to 162.
🔽 If the sellers' pressure continues, the most likely scenarios are reaching local support levels 160 or 158
🔷 React with "👍" if you foresee the price growth and "👎" if you believe it will decrease
➡️GET $20,000 JUST FOR $99
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.