Jakethesnakee

EURJPY - News event broke into support zone

FX:EURJPY   Euro Fx/Japanese Yen
26 0 1
Double bottom has formed, creating a triangle pattern where there could be a retest.
If price breaks through resistance level , I can consider riding the double bottom where retracement level .382 sits near the pullback - long.
Trading the triangle would put the price at a second retest - short.
Currently interested in watching this triangle complete with (theoretical) target.

Also, if price pushes through the support zone with a daily candle, I noted the next support level at 111.037 where it could be headed
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out