EURJPY: Long Setup Building
**Not ready for entry yet. We are still awaiting confirmations.**
Price is coiling into an ascending triangle, with a rising trendline pressing higher lows into flat resistance. That compression usually resolves upward.
The trigger: we want a retracement into **185.015** at the **61.80%** level, then a period of consolidation. A settled reaction from that zone is what puts this trade on. No settlement, no entry.
The path: expect volatility around our liquidity level at **185.780**. That is where the pair has stalled twice already. Break and hold above it and the runway to target is clean.
The target: **186.140**, a move of roughly **113 pips** from the entry zone.
The macro backs the long. The ECB has turned hawkish with its first hike since 2023 taking the deposit rate to **2.25%**, while the BoJ sits at just **1.00%** despite its June move. That gap keeps yen-funded carry flows alive and the cross supported.
**Not ready for entry yet. We are still awaiting confirmations.**
Price is coiling into an ascending triangle, with a rising trendline pressing higher lows into flat resistance. That compression usually resolves upward.
The trigger: we want a retracement into **185.015** at the **61.80%** level, then a period of consolidation. A settled reaction from that zone is what puts this trade on. No settlement, no entry.
The path: expect volatility around our liquidity level at **185.780**. That is where the pair has stalled twice already. Break and hold above it and the runway to target is clean.
The target: **186.140**, a move of roughly **113 pips** from the entry zone.
The macro backs the long. The ECB has turned hawkish with its first hike since 2023 taking the deposit rate to **2.25%**, while the BoJ sits at just **1.00%** despite its June move. That gap keeps yen-funded carry flows alive and the cross supported.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.