EURJPY Bullish Overview. t.me/BigBellyShark
My previous post showed the weekly chart of EJ and how the zones highlighted will be good zones to look for buys on this pair. EJ approached the zones shown on the previous charts and we got the reaction we were looking for. 119.400 Key Support zone which we saw a huge impulse of buyers step into the market.
$$$ on Hour 4 Price Broke Previous LTF market structure, resulting in a series of HHs and HLs
$$$ Price previously broke HTF market structure and is forming a new Higher Low.
Looking at bullish targets it is key to understand that with our targets we need to be aware that there are more zones set above the zones we can see on hourly/H4 which price can easily reach over the next quarter.
What to look for next on EURJPY
We need a break above 122.150, once this occurs we will go down to a lower time frame and identify LTF entries. with Target Profits set at 124.400. (200+ Pips)
BIG UPDATES COMING TO OUR NEW TELEGRAM GROUP.
Big Belly Shark Trading.
t.me/BigBellyShark type this in google to gain access to our New Channel.
Free Telegram Group With Top-Down Analysis on our favourite forex pairs.
My previous post showed the weekly chart of EJ and how the zones highlighted will be good zones to look for buys on this pair. EJ approached the zones shown on the previous charts and we got the reaction we were looking for. 119.400 Key Support zone which we saw a huge impulse of buyers step into the market.
$$$ on Hour 4 Price Broke Previous LTF market structure, resulting in a series of HHs and HLs
$$$ Price previously broke HTF market structure and is forming a new Higher Low.
Looking at bullish targets it is key to understand that with our targets we need to be aware that there are more zones set above the zones we can see on hourly/H4 which price can easily reach over the next quarter.
What to look for next on EURJPY
We need a break above 122.150, once this occurs we will go down to a lower time frame and identify LTF entries. with Target Profits set at 124.400. (200+ Pips)
BIG UPDATES COMING TO OUR NEW TELEGRAM GROUP.
Big Belly Shark Trading.
t.me/BigBellyShark type this in google to gain access to our New Channel.
Free Telegram Group With Top-Down Analysis on our favourite forex pairs.
