EUR/JPY: long posiiton
Euro/Yen Japanese could to lead in this upside shortly movement to $140.14 JPY before to continue drop. MACD get a bought signal, as price action too analyzing this market structure.
Also, we forming an ABCD pattern, forming a possible bullish signal.
I put a buy order limit to $138.90 JPY, Stop Loss to $138.35 JPY (51 pips) and target to $140.14 JPY (130 pips)
Good luck in this long position.
Also, we forming an ABCD pattern, forming a possible bullish signal.
I put a buy order limit to $138.90 JPY, Stop Loss to $138.35 JPY (51 pips) and target to $140.14 JPY (130 pips)
Good luck in this long position.
Related publications
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.