Ascending Channel
Another possible retracement on the EURJPY, we touched the Lower Boundary of an Ascending Channel. In case there is a confirmed rejection we can take a long position.
Breakout of the channel's support will lead to downward movement and our scenario will be invalid in this case.
Good luck to you.
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This idea does not provide the financial advice.
Breakout of the channel's support will lead to downward movement and our scenario will be invalid in this case.
Good luck to you.
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
Trade closed: target reached
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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.
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.