Hi everyone,
Please see attached my EURJPY analysis on the 4H timeframe.
As we can see on the chart if we go to the 4H timeframe and zoom out we can see that price is approaching a very solid area which has acted as support and resistance at many points throughout April - Current Date.
The price is currently trading downwards and is approaching this key area so this should definitely be added to your watchlist.
If we see price push towards this key area look for RSI levels to be over sold and pivot candles which show us price action which can give us confirmation.
When approaching maybe go to a 15m or 30m timeframe to look for candle patterns.
Any likes and comments would be much appreciated.
Please follow for daily updates.
DWFX
Please see attached my EURJPY analysis on the 4H timeframe.
As we can see on the chart if we go to the 4H timeframe and zoom out we can see that price is approaching a very solid area which has acted as support and resistance at many points throughout April - Current Date.
The price is currently trading downwards and is approaching this key area so this should definitely be added to your watchlist.
If we see price push towards this key area look for RSI levels to be over sold and pivot candles which show us price action which can give us confirmation.
When approaching maybe go to a 15m or 30m timeframe to look for candle patterns.
Any likes and comments would be much appreciated.
Please follow for daily updates.
DWFX
