EURJPY long
Pair has been trending up in an ascending triangle pattern. Currently testing lower trendline. Looks good for a long, retest of the recent highs.
My tp/sl may be adjusted depending on how the trade plays out.
Target - 158.20
Stop - 157.25
My tp/sl may be adjusted depending on how the trade plays out.
Target - 158.20
Stop - 157.25
Trade closed: stop reached
Still sitting on the longer term trend line, as seen in chart. It's looking a little heavy and may break or fake break out. Will keep an eye on it for a possible reversal at support. Looking at candles and patterns on the 1hr, 4hr, and daily charts.
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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.