EURJPY CMP 129.779 BUY @ 129.6-129.5 TARGET 130- 130.4- 130.7- 131.1- 131.8- 132.2+
EJ showing the image of inverted head and shoulder pattern. hope it will go up
There are two possibilities on EJ. but mainly focus on long position
Ascending Channel Pattern 4 Resistance and 2 Support
As you seeing in this chart the candles have crossed 200 Moving average and showing a bearish trend oppertunities
LOOKING FOR LONG (BUY) REASONS 1) INVERTED HEAD AND SHOULDER PATTERN 2) MAKING HH AND HL 3) UPTREND TREND LINE
EJ is in downtrend. next week is also continue the sell with or without a small retracement
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Dear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As I said last weeks...as I said last week EJ will make a 150 pips retracement move ... only the move was bigger and more aggressive than I expected! Now it has...
sell @ 132.176 tp 1 @ 129.380 tp 2 @ 128.500 stop 133.700 LEARNING PURPOSE ONLY