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EURJPY: Inside Bar & Complete Indecision 🇪🇺🇯🇵
欧元/日元
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EURJPY: Inside Bar & Complete Indecision 🇪🇺🇯🇵
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2021年9月9日
4
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2021年9月8日
EURJPY is trading on a strong daily key level.
The price formed an inside bar formation on that signifying complete indecision.
On 6H time frame we can see in detail how the price acts:
the pair is stuck within a narrow horizontal trading range.
130.75 is its resistance
130.15 is its support
From a current perspective I see two potential scenarios:
Bullish
In case of a bullish breakout of resistance of the range,
bullish continuation will be expected
Next daily resistance will be 131.07
Bearish
In case of a bearish breakout of support of the range,
bearish move will be expected
Next support will be 129.675
I am on a bearish side and will trade only in case of a bearish breakout,
but who knows.
❤️Please, support this idea with a like and comment!❤️
2021年9月9日
注释
Check my new analysis on GBPNZD:
Candlestick Analysis
EURJPY
Multiple Time Frame Analysis
Support and Resistance
swing
swingtrader
Technical Analysis
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