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Fri, Feb 03, 2023

+3333 Points made in EUR/JPY After breakout from the range
1 mins well spent

EUR/JPY Analysis : 

After EUR/JPY breakout from the range in daily chart, market Re-tested the breakout level and went up more as per our Breakout strategy.

Market was standing at the top level 124.00 and making a ranging movement on H4 chart.

wait for breakout from this descending channel range in eurjpy

We told our members to wait for the confirmation of breakout from the range to make good profits on EUR/JPY.

As per our technical analysis, Market Breakout the top level very soon and went up more.

Education Notes :

Why Re-testing the Breakout Level is more important ?

If market Re-test the previous Breakout level and starts to bounce back, then we can expect big and sharp movements from that Breakout level.

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