EURJPY is in a rising wedge, wedge pattern typically have a fast movement after a break south. Track this carefully next week. Once we have a break below the wedge I am expecting this to move towards Demand Zone (Profit Zone)
Happy Friday all, take time to rest up. See you all at next market open!
Let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
Happy Friday all, take time to rest up. See you all at next market open!
Let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
Note
Strong break, captured about 60 pips and closed out of trade. Will reenter trade around 124.56 area.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.