FX.co ★ Kingbaloch | EUR/JPY

EUR/JPY daily M15 timeframe chart My holiday days and I need your help me with my bonus I need your help ok thanks you so much sir ok thanks you so much sir.The market recently underwent a significant shift, touching a support level of before rebounding. Following this bounce, it surged past the resistance at validating the breakout. Subsequently, a buy signal emerged, indicating a potential rally towards the resistance level of. However, this signal failed to materialize, leading to a EUR/JPY daily M15 timeframe chart retreat below the resistance at 167.65 Despite a subsequent confirmation of this breakdown, the resistance was breached once again today. Another buy signal surfaced, but like the previous one, it proved futile. Given the repeated failure of buy signals at this resistance, I am inclined to deem it unreliable and will adjust the resistance level to. Looking ahead, if this resistance is breached, the northern targets lie at. Conversely, if the support at is broken, the southern targets come into play. As we delve into the intricacies of the chart, our attention is immediately drawn to the steadfastness of the moving average, steadfastly resisting any downturn. Consequently, our journey of procurement persists. However, our current acquisitions lack affirmation from the underlying oscillator residing comfortably below the demarcation of zero. We patiently await the synchronized indication from both metrics before initiating any purchases. Anticipating an upward trajectory from the pivotal point of I foresee a lucrative opportunity for profit generation, prompting us to strategically seek re-entry points into the market. Furthermore, we exercise prudence by imposing constraints on potential losses per transaction, exemplified by the placement of a stop at theeffectively fortifying our investment against adverse price movements. Our threshold is predefined at poised to trigger automatic execution upon attainment of our desired price objective. With all systems in place, our remaining task is to vigilantly monitor market dynamics until the envisioned price action unfolds.

Return of cases EUR/JPY daily M5 timeframe chart consider will scenario alternative An. 167.61 of level the to range trading current the of limit lower the reach to fall further a of possibility a is there case this in and, range trading the of limit upper the below return may bears the chart, hour-four the On. movement upward the while, initiative the regain to trying are bulls the today, direction South the in pullback yesterday's After. words approximately with order reverse in rewritten article the. The correctional nature of the market is evident as the seller endeavors to engage with buyers whose purchase volumes linger around the lower threshold of the channel at. Whether adjacent to this level or emanating from it, I anticipate a deceleration in the descent. Subsequently, a bullish response should ensue, indicative of buyer presence at the channel's nadir. Following this, an uptrend towards the upper echelon of the channel at is anticipated. However, should the level at be breached, such a scenario would annul the buying proposition, as the dominance of sellers would materialize. This would pave the way for a breakthrough below the lower boundary of the channel, leading to a reversal in direction towards the southern trajectory. EUR/JPY daily M5 timeframe chart