EURJPY Correction Movement, Buy Opportunity
As we can observe the price has just broken the resistance line that has been hold the asset from level up.
Right now the asset is trading a correction movement which means that we want to look for a buy when it touches the confluence zone that is now our S&R, or in a less agressive entry when it break the tendency line.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested
Right now the asset is trading a correction movement which means that we want to look for a buy when it touches the confluence zone that is now our S&R, or in a less agressive entry when it break the tendency line.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.