EURJPY in continuously bullish trend
Comment:
EURJPY continuously bullish by Daily timeframe as per below Ichimoku confirmations. Now H1 shows box range (yesterday was P wave). Please refer to below scenario.
Ichimoku Trend Analysis:
- Kumo (Senko span A) up. Kumo itself is getting thicker.
- Kijun sen up
- Chiko Span above candles
Next Scenario:
After P wave yesterday on H1, now market is forming Y wave as well as box range for the last 2 days. There still is a potential breakout of a new resistance from yesterday at 134.125. Better wait for Tenkan Sen and Kijun sen gold cross to confirm a potential breakout in H1.
EURJPY continuously bullish by Daily timeframe as per below Ichimoku confirmations. Now H1 shows box range (yesterday was P wave). Please refer to below scenario.
Ichimoku Trend Analysis:
- Kumo (Senko span A) up. Kumo itself is getting thicker.
- Kijun sen up
- Chiko Span above candles
Next Scenario:
After P wave yesterday on H1, now market is forming Y wave as well as box range for the last 2 days. There still is a potential breakout of a new resistance from yesterday at 134.125. Better wait for Tenkan Sen and Kijun sen gold cross to confirm a potential breakout in H1.
Forex Kei
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Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
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