EURJPY analysis with 2 TPs 03/03/2021

ที่อัปเดต:
as we can see this instrument was up trending in an ascending Parallels channel and there are no majeure resistances on its way,
so we can speculate 2 TPs where we may have some Resistance so we can capitalize our positions there.

one of the most important confirmations are that the price has touched the Fibonacci projection 161.8% extension level and there is a convention that, once the price touches this level there are over 85% of chances that the price will continue its rally to 261.8% of the same Fibonacci projection, where it has confluences with our Price Action defined 1 TP.

บันทึกช่วยจำ
on the correct bias
ปิดการเทรด: ถึงเป้าหมายการทำกำไร
both 1 and 2 Targets Achieved
bitoneurjpyanalysiseurjpybuyeurjpyforecasteurjpyideaeurjpylongeurjpypredictioneurjpysignalFibonaccimiloParallel ChannelSupply and Demand

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