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Eurjpyforecast

1000 Pips Movement BonusWith price ascending to the area of 127.05, three corrective uptrends have been completed and the price is ready to drop further. The range of 127.07 is a very important area: In weekly time frame, this range hits the bearish trendline, which is located in the 50% Fibonacci range, which increases the advent of a downtrend. To confirm the downtrend, the price requires to cross the range of 123.01, when this happens, the downtrend line will break out (the red dotted line). However, if the price can be closed above the range of 127.07, this analysis will be nulled.
Short
by NirmataFX
3
EURJPY H4. This Analysis Based On Price Action Theory.We Have an Analysis Of EURJPY H4. This Analysis Based On Price Action Theory. According to Multiple Analysis, We Can See That the Market has a Bullish Direction Because The Market Price Already Decline From the Previous support level@123.769 with the Trend line also Retest. So according To This, we have a new retracement area @125.039 so if wanna sell so please wait for the move For More Confirmation, You can see that Bollinger Bands, Fib Retracement & Super Trend The Both are reflected Market Bullish Pattern I Request to All Before The Trade You Also Match You're Analysis With As If You're Set up Match Then You Can Trade. Thanks Regard shivamfx Technical Team Note- Please Take Only Two ✌️ % Risk On Given Analysis
by shivamfx