Bullish Bias but long with caution.
Inverse H&S pattern and broadening top chart formation. Possibly reversing down due to rallying on low volume. Meanwhile if market continues to have a risk on rally, EURJPY if not any cross pairs with JPY will be rallying. Also it is above 200MA, I shall be bullish bias. Short set-up with a better R/R, if it goes down, it will be quite rewarding. As always DYODD.
Trade active
Went long instead. Gap up looking at 135.75.
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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.