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ThinkingAntsOk
Mar 20, 2020 12:26 PM

EUR/JPY Double Bottom by ThinkingAntsOk Long

Euro Fx/Japanese YenFXCM

Description

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DAILY CHART EXPLANATION:

🔸 This pair is making a double bottom pattern between the current low and the previous one.
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🔸 It has been consolidating for the last days.
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🔸 We consider that price has potential to reach the Descending Trendline.
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🔸 We will look for a lower timeframe bullish setup.

WEEKLY CHART ANALYSIS:


Comments
ProjectSyndicate
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this is great. perfect review. thank you!
transparent-fx
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interesting pair, I have it too on watchlist
ThinkingAntsOk
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@transparent-fx, nice view! agree with the short if the 116.00 level is broken. Appreciate your comment!
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