The EURJPY has formed a trap against channel resistance and is now about to fall. What to expect from the price?
Earlier the price consolidated for a long time near the channel resistance, waiting for a break-down. But it was a false-break and that maneuver might be called a market-maker's trap. The price breaks through the key support down to 140.73 and consolidates under the level, opening the potential to sell
I expect the end of the consolidation under 140.73 and the fall of the price to the support 138.12
Regards R.Linda!
Earlier the price consolidated for a long time near the channel resistance, waiting for a break-down. But it was a false-break and that maneuver might be called a market-maker's trap. The price breaks through the key support down to 140.73 and consolidates under the level, opening the potential to sell
I expect the end of the consolidation under 140.73 and the fall of the price to the support 138.12
Regards R.Linda!
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NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.