After successful analysis last week, see this week trading plan with direction is SELL, expect the price to retrace a little and on rejection sell with price making a new low as indicated on the chat. Remember this is a very trendy pair and one of my best!
Watch the earlier setup analysis shared, expecting a LL
Here is a chart breakdown on EURJPY. Expecting the price to retracement first and make a LH - at the point only sell it for a new low. Price has been in a bearish trend on the weekly and last move higher was merely a retracement within a bearish trend, now that sellers have entered into the market as can be seen of weekly, expecting the price to do a little...
Expecting price to have a pullback and then continue higher, as long price remains above the TL, look for buying the dips only.
After successful analysis shared on Sunday with 66 pips move, now expect this recommended direction is short on LH
We have been in a tight range, from the price action on the charts it seems that sellers have entered into the market and now aiming for the move as suggested on the chart. Use this analysis to learn and understanding the price action.
Here is Dollar index chart, we can see from the price action of last week it has turned bullish with price sitting on an important daily level expecting the price to go higher on this.
Hammer close, expecting price to go higher