EUR/JPY Weekly chart. Flag+Double bottom.EUR/JPY Weekly chart. Flag+Double bottom.
Wait for an ideal entry in lower time frames and invest at your own risk ;)
Feel free to comment.
1week
Awaiting Short position on EUR/USD.I belive Eurusd is going to head back into the 1.14586 area to retest a key support level. Currently price is in no mans land. Once price reaches the key resistance level drawn in, we will be looking to sell it off to our first take profit level of 1.09456.
So for now this trade is going to require a lot of patience, as we will not be looking to do anything with Eurusd at the moment until it reaches our desired sell zone.
long term 1 week buy on cadjpyreversal of major downtrend since price has been way below 50 EMA and stoch is oversold id say buy now or soon as possible with a buy order for 76.152. collecting profit at 79.432 would be ideal for price consolidation.
