{"id":110093,"date":"2017-08-01T04:37:36","date_gmt":"2017-08-01T08:37:36","guid":{"rendered":"http:\/\/countingpips.com\/?p=110093"},"modified":"2017-08-01T04:37:36","modified_gmt":"2017-08-01T08:37:36","slug":"eurjpy-bullish-w-pattern-marks-the-possible-uptrend-continuation","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/08\/eurjpy-bullish-w-pattern-marks-the-possible-uptrend-continuation\/","title":{"rendered":"EUR\/JPY Bullish W Pattern Marks The Possible Uptrend Continuation"},"content":{"rendered":"
August 1, 2017<\/div>
\r\n<\/div><\/div>

By Admiral Markets<\/b><\/p>\n

\n\t\n<\/p>\n

\n\tThe EUR\/JPY has been in a steady uptrend marking a zig zag pattern followed by a huge bullish W pattern<\/a>. At this point we have a possible continuation and a possible retracement to POC zone 129.95-130.10 (D L4, EMA89, 61.8, ATR pivot, historical buyers, bullish order block). Continuation should happen above 130.59 towards 130.80 and 131.10. In the case of retracement to POC, the price should be rejected towards upper levels. However should the price break below 124.90, traders should watch for 129.77, 129.66 and 129.50.\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>\n

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

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

\r\n
\r\n

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

\r\n

<\/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>

\r\n
\r\n
\r\n

<\/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>

\r\n<\/div>\r\n

\r\n
<\/div>\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 Bullish W Pattern Marks The Possible Uptrend Continuation<\/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 been in a steady uptrend marking a zig zag pattern followed by a huge bullish W pattern. At this point we have a possible continuation and a possible retracement to POC zone 129.95-130.10 (D L4, EMA89, 61.8, ATR pivot, historical buyers, bullish order block). Continuation should happen above 130.59 […]<\/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-110093","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/110093","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=110093"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/110093\/revisions"}],"predecessor-version":[{"id":110094,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/110093\/revisions\/110094"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=110093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=110093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=110093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}