eurjpy trap inside ascending triangle pattern. right now play inside pattern is a good idea with range 50 to 100 pips.
we can see ABCD pattern perform with 618 fibonacci retracement with target at resistance triangle.
If this pattern break, i will update my analysis.
Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
we can see ABCD pattern perform with 618 fibonacci retracement with target at resistance triangle.
If this pattern break, i will update my analysis.
Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
Comment:
target reach +100 pips, wait for next analysis
Trade closed: target reached:
update analysis
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