Euro / Japanese Yen
Long

EURJPY LONG POSITION (2HR)

35
CONFLUENCES:
- Breakout from previous area of consolidation
- Rejection from 51 EMA in 4Hr
- Rejection from 61.8% Fib
- Entered the trade prematurely but see a potential Head & Shoulders Pattern forming

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.