Hello Traders,
Let’s hit them charts:
1. GBP/JPY
The higher lows formed on GBP/JPY give traders with a bullish bias hope that the key resistance zone at some point this week will get broken.
Once that happens, then price next bus stop would be NPRZ
2. EUR/JPY
EUR/JPY closed last week with a strong bullish pinbar, but price is still within the key resistance zone
How Monday’s daily candlestick closes will determine our next move. A break above the key resistance zone and NPRZ will be our next bus stop
3. CAD/JPY
I love the higher highs formed on CAD/JPY
A break above the key resistance zone and 200 ma will seal our bullish bias. Hopefully it happens this week
4. CHF/JPY
On CHF/JPY we can see a breakout above last week’s resistance zone
This week we are most likely going to see buyers take charge, and drive price to NPRZ
What say you?
Note:
Join our FREE telegram channel where we share trading tips and signals: https://t.me/PipCrafters_001
If you are interested in also becoming a funded trader, kindly use our links below and get a discount on each account you purchase
- BLUE GUARDIAN (Use the coupon code: CRAFTER)
- GOAT FUNDED
- LARK FUNDING
- MAVEN TRADING
- THE5ERS
- ALPHA CAPITAL GROUP (Use coupon code CRAFT3R for a -15% discount.)
- FUNDEDNEXT
- TENTRADE (Instant Funding)
