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This post is from Iqra noor
Eur/Jpy
Resistance level
1.Resistance level 119.75
2.Resistance level 118.63
3.Resistance level 118.01
Supporting level
1.Supporting level 117.54
2.Supporting level 116.82
3.Supporting level 116.27
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Pair: eur/jpy
Today indicators shown bearish short terms trend.
Pivot Point : 120.45
Supporting Levels:
Support 1: 118.90
Support 2: 119.13
Support 3: 119.18
TREND: BULLISH
Resistance Levels:
Resistance 1: 120.27
Resistance 2: 120.37
Resistance 3:120.56
When today the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down side that is up trends...
Today market trend:Sell
Resistance and Support points also given has signal of market down
Technical indicators and Moving average se bhi market down hoti nazar aati hai
Agar ap profit hasil karna chahte hain to sell ki trade laga dein
EURJPY Trend is SELL
1 Resistance is: 120.11
2 Resistance is: 120.07
3 Resistance is: 120.01
1 Supporting is: 120.00
2 Supporting is: 119.97
3 Supporting is: 119.90
Eurjpy
euro / japanese yen
120.024
jpy
−0.084 (−0.07%)
market open (nov 22 09:51 utc-5)
120.108
prev
120.108
open
198.083k
volume
119.894 — 120.490
day's range.
Eur/Jpy
Trend is buy
Resistance levels
Resistance level1>>>121.69
Resistance level2>>>121.91
Resistance level3>>>122.33
Supporting levels
Supporting level1>>>121.07
Supporting level2>>>120.75
Supporting level3>>>120.43
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time frame that is considered while making support and resistance levels – use Daily and Weekly time frame,
consider the daily economic news before taking the trade.
my observations are by the method of technical analysis I have seen the pairs Trend is Sell and
indicators that I use are the Bollinger Bands and fibbo.
Today this pair of Market trends & technical Analysis justified for me.
TRENDING
1)Gator Osillator:BUY = (3)dEMARKER :BUY
2)Fractals :BUY = (4)Evelopes :BUY
EUR/JPY
Paraboloc SAR : BUY
The RSI is still on :BUY
StDev on BUY direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going UP and technical Analysis same thing.
All technical and fandamantal follow the BUYing trends.
Note:Always Follow the making experienced with others having great knowledge about trading.
Time Frame - 4 Hour
Currency pair - EUR/JPY
Buy @ - 120.15
Stop Loss - 119.24
Take Profit - 120.98
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
Resisrance level 123.80
Support level 120.80
Thanks shukria for the help