EURJPY looking up ðĶ
EURJPY on the 4h chart after a few test of the daily support at the 140 level started a love to the upside.
The price attempt a few times the break of the structure at the round nu,ber level without any success and after the last impulse the market retraced at the 0.382 Fibonacci level and is currently trading below a minor resistance area.
How can i approach this scenario?
I will wait for the EU market open and IF the market will break above i will set a nice long order according to the Plancton's strategy.
The price attempt a few times the break of the structure at the round nu,ber level without any success and after the last impulse the market retraced at the 0.382 Fibonacci level and is currently trading below a minor resistance area.
How can i approach this scenario?
I will wait for the EU market open and IF the market will break above i will set a nice long order according to the Plancton's strategy.
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
the market moved as expected and is testing already the 143 area
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
higher high and 200 pips delivered
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
possible approach to the higher resisatance
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
testing a confluence area
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
new resistance rejection
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
perfect test of the 50%
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
testing the resistance now
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
more than 3% and new higher high
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
500 pips and new recent high
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
new recent high
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
test of the resistance
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
still testing the daily resistance
