Last week EURJPY broke down support zone , price has reverse and tested the previous support zone on a 4H Time-frame. on the a 4H Time frame price have made a bearish engulfing candle, this give us clear signal that sellers are the the market and trying to push the price from the peak. FIBONACCI RETRACEMENT Also using fib retracement tool price has...
NZDJPY tested support zone and breakout of lower high on a 4hour Time-frame , price has formed 1hour bullish correction and it has the potential to move higher. MY target i s 83.00 and 83.50.
📈EURJPY, price has tested 61 Fibonacci retracement level and it bounced off to the 50 fib level or zone and reversed back to 61 Fib level again on the 4H timeframe, price is consolidating between 61 and 50 (5) Fibonacci levels.... price has the potential to reverse higher📈. we'll look for buying setup Hammer, bullish engulfing, flag on 1H or 4H time-frame.
My forecast on AUDCHF. #AUDCHF reversed from a daily demand zone and it broke out of a descending channel. price retest to the broken trend line and it has the potential to reverse higher, will look for a valid 1hour bullish correction. price has the probability to text previous supply zone 0.70000