Possible trade idea for EUR/JPY
When we look at the chart we can see that the price is slowely moving back up and that we are forming some sort of rising wedge.
What I want to do now is trade here and see if the wedge becomes valid. At this point it is not a valid wedge for me so I would be trading this with very little risk. Just to see the price move and see what is happening.
What I want to do now is trade here and see if the wedge becomes valid. At this point it is not a valid wedge for me so I would be trading this with very little risk. Just to see the price move and see what is happening.
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.