Euro / Japanese YenUpdated EUR JPY at a key level!
As of now, EUR / JPY appears to be poised to break the previous H4 downtrend structure.
MACD histogram is beginning to tick upwards, and the pair has been consolidating nicely on this daily key level. If the candlesticks from an bullish engulfing pattern, I would enter a long.
MACD histogram is beginning to tick upwards, and the pair has been consolidating nicely on this daily key level. If the candlesticks from an bullish engulfing pattern, I would enter a long.
Note
Engulfing pattern did not form, no trade madeBreak even
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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.