In Daily chart :- Eur/Jpy was trading in the triangle pattern and moving with lower trend line and its trading below key resistance level of 130.20 and 132.30 levels, so we can sell near key resistance level with stoploss of above last 2 days high or we can sell below lower trend line :- We have shown in image.
Technical Commentary: In Weekly chart :- Eur/Jpy was trading in the 2 different equidistant channel lines and now its trading near upper channel line and also its trading below key resistance level @ 130.20 and key support coming around 127 levels So we can except sideways moments for this week .
In 4 hour chart Eur/Jpy was trading in the triangle pattern and its trading between key resistance level and support level so we can sell near upper trend line @ 132.60 line :- We have shown in image.
In 1 hour chart,EurJpy was trading the equidistant channel lines and its trading near upper trend line so we can sell near upper trend line @ 132.60 and we can except sideways moments next support levels : - We have shown in image.
| PIPS COUNTER - SINCE JANUARY 2013 | ||
| Total Trades | Total Pips | |
| EUR / USD | 1135 | 10130 |
| GBP / USD | 1054 | 10550 |
| USD / CHF | 907 | 8945 |
| EUR / JPY | 818 | 10435 |
| XAU / USD | 1156 | 207955 |
| TOTAL: 248015 | ||
We are here to help you
