{"id":106757,"date":"2017-06-01T07:41:26","date_gmt":"2017-06-01T11:41:26","guid":{"rendered":"http:\/\/countingpips.com\/?p=106757"},"modified":"2017-06-01T07:41:26","modified_gmt":"2017-06-01T11:41:26","slug":"eurjpy-cup-with-handle-pattern-suggests-further-gains","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/06\/eurjpy-cup-with-handle-pattern-suggests-further-gains\/","title":{"rendered":"EUR\/JPY Cup With Handle Pattern Suggests Further Gains"},"content":{"rendered":"
June 1, 2017<\/div>
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By Admiral Markets<\/b><\/p>\n

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\n\tThe EUR\/JPY has formed a cup with handle pattern (blue rectangle) and currently it is targeting D H4\/ 100 % Fibonacci extension confluence. The POC zone serves as a strong support and possible now moment buyers could buy from the zone if we see a retracement into the POC zone. The POC 124.30-50 (EMA 89, trend line, handle top, ATR pivot, 61.8 Fib extension). EUR\/JPY is targeting 124.98 and if we see a 1h breakout or 4h close above the level then 125.30 is possible.\n<\/p>\n

\n\tFollow @TarantulaFX<\/a> on twitter for latest market updates\n<\/p>\n

\n\tConnect with Nenad Kerkez T<\/a> on Facebook for latest market updates.\n<\/p>\n

\n\tW L3 – Weekly Camarilla Pivot (Weekly Interim Support)\n<\/p>\n

\n\tW H3 – Weekly Camarilla Pivot (Weekly Interim Resistance)\n<\/p>

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Free Reports:<\/p><\/div>\r\n

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<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

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<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

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\n\tW H4 – Weekly Camarilla Pivot (Strong Weekly Resistance)\n<\/p>\n

\n\tD H4 – Daily Camarilla Pivot (Very Strong Daily Resistance)\n<\/p>\n

\n\tD L3 \u2013 Daily Camarilla Pivot (Daily Support)\n<\/p>\n

\n\tD L4 \u2013 Daily H4 Camarilla (Very Strong Daily Support)\n<\/p>\n

\n\tPOC – Point Of Confluence (The zone where we expect price to react aka entry zone)\n<\/p>\n

\n\t\"Forex101<\/a>\n<\/p>\n

Article by Admiral Markets<\/b><\/p>\n

Source: EUR\/JPY Cup With Handle Pattern Suggests Further Gains<\/a><\/p>\n

<\/a><\/p>\n

Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Admiral Markets The EUR\/JPY has formed a cup with handle pattern (blue rectangle) and currently it is targeting D H4\/ 100 % Fibonacci extension confluence. The POC zone serves as a strong support and possible now moment buyers could buy from the zone if we see a retracement into the POC zone. The POC […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-106757","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/106757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=106757"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/106757\/revisions"}],"predecessor-version":[{"id":106758,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/106757\/revisions\/106758"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=106757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=106757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=106757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}