As we can see on EURJPY that price retraced perfectly to 61.8 fib level and also formed Flag and Pole pattern along with inverse head and shoulder pattern and then gave a breakout.
what we are looking for is the retracement till the marked support zone which is also the neckline of inverse head and shoulder pattern.
we can plan long trade once we get some sort of bullish confirmation at the marked support zone.
Target - 192
what we are looking for is the retracement till the marked support zone which is also the neckline of inverse head and shoulder pattern.
we can plan long trade once we get some sort of bullish confirmation at the marked support zone.
Target - 192
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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.