Dukascopy Contest: EUR/JPY astronomical cycles pointing up till 08/30steemCreated with Sketch.

in eurjpy •  6 years ago 

Analysis on EUR/JPY, Target: 135, Date: 3 September, 12:00 GMT

Hello everyone from the Dukascopy Community,

Here is analysis of EUR/JPY, looking at it 's astronomical cycles I see we are going up till around 08/30. We also broke above a Quarter Point and the Center of Gravity calculations turned our tunnel green on the daily. This is looking good to me.

EUR/JPY - LONG till 08/30
TP1: 130.76
TP2: 132.83
TP3: 134.98

Entry: Wait for a retracement or let it go. But it's not really a nice entry, you should catch it on the flip side.

4H chart also looks very bullish this is going to be a ride all the way till 135!

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