Fxprotrader
Long

Buy Setup With Great Potential in EURJPY

FX:EURJPY   Euro Fx/Japanese Yen
308 3 16
Price has completed a bullish bat pattern and it's about to break to the upside after a consolidation. After the breakout watch for a smaller correction or a smaller bullish harmonic pattern and buy the market.

If the above scenario occurs price should reach the trendline which acts as resistance in a larger corrective structure. If it breaks that level once again we will see this pair in a rally and possibly will complete a pending bearish gartley pattern.
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Comment: Till now this setup worked wonders.. We now should keep an eye on it to see if price is able to break this major level is now testing. If it break just wait for a correction and then buy.
I think this pair will move up soon

Maybe with two weeks

If you see monthly chart
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Rayge Rayge
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I agree.. Now that my first target (level) was reached i just placed my stoploss to breakeven.. If i see a breakout this level we should see a huge move up..
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