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.
Kommentera:
the market moved as expected and is testing already the 143 area
Kommentera:
higher high and 200 pips delivered
Kommentera:
possible approach to the higher resisatance
Kommentera:
testing a confluence area
Kommentera:
new resistance rejection
Kommentera:
perfect test of the 50%
Kommentera:
testing the resistance now
Kommentera:
more than 3% and new higher high
Kommentera:
500 pips and new recent high
Kommentera:
new recent high
Kommentera:
test of the resistance
Kommentera:
still testing the daily resistance
