We see here on EUR JPY two horizontal zones forming that have acted both as resistance and as support. These are what I expect the two most important levels on the short term we should keep an eye on.
The zones will reset in a few days, so this will give us a relatively safe short term trade opportunity to go short here. The price has just reached the resistance and as soon as it got touched we've seen a very large inverted hammer. A sign that the resistance is still strong.
I expect the price to go down one more time from here, but I feel bullish overall in the long term. Don't enter this trade for longer than a few days.
The zones will reset in a few days, so this will give us a relatively safe short term trade opportunity to go short here. The price has just reached the resistance and as soon as it got touched we've seen a very large inverted hammer. A sign that the resistance is still strong.
I expect the price to go down one more time from here, but I feel bullish overall in the long term. Don't enter this trade for longer than a few days.
交易结束：到达目标:
Very happy with this result, we saw that indeed the price bounced perfectly from this resistance. What a great scalp!
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(bắt đầu từ tháng 2 - 2023)
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)