The EURJPY price is going down last few days and getting close to the previous structure low at 132.14, which acts as a support level. The price bounced back at that support few times and it is more likely will do again. Moreover, there is a potential Gartley pattern setup; this increases the probability of this setup to go long.
T1 – 38.2%
T2 – 61.8%
T1 – 38.2%
T2 – 61.8%
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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.