EUR/JPY Bullish Bounce Possible After Retracement

1 min read
tarantula fx

tarantula fx

Head of Trading

Dear traders,

EUR/JPY is bullish. We should see a continuation to the upside after a possible retracement. 

Bullish trend is very strong. The price might hit the POC zone than come back up. However that would be considered a deeper retracement. If the market continues above W H3 we should see W H4 hit. Look for continuation of the bullish trend.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez

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