Waiting to see what happens before I jump in if it breaks up above 34735 I’m in for a buy if below the blue line at 34599 I’m selling. The white line is the previous days daily close, it literally close in the same place it closed yesterday so that’s exciting lol .
I saw that price was not breaking Resistance Zone 0.78129 because i was being scared i did not enter this trade. I could have simply placed a 30 pip SL above resistance zone , and if truly fearful entered in with a smaller lot size would have been up 200+ pips right now ... Scared Money dont make no money do better.
1/21/21 Red Candle on the Monthly Timeframe Weekly time frame is a green candle I see a M Formation Happening Long Term If it breaks Resistance it will Continue up for a buy to hit next Resistance Im Confident for a sell, Price has hit Top BB and sold back down.
Price will break channel to sell back to middle Support Zone.
Things to be mindful of price is at low point right now on the daily time frame n is selling. I'm expecting price to hit support zone 101.042 and bounce back up into a buy, could take days could take weeks this is a long term trade. If I do jump in for a sell I'm waiting on a reversal to happen to ride it down to support zone. Price is experiencing lower lows and...
EURJPY is giving me a strong indication for a buy. 3 Years ago on April 17th 2017 it bounced up from support zone 114.499 and bought all the way up and passed resistance zone 133.384. For the pass 3 years it has sold back down to support zone 114.499 to not break it but continuously buy back up recently of May 7 2020.