CKCE

EURJPY Triangle formation trade

Long
FX:EURJPY   Euro / Japanese Yen
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4
Looking like a Triangle correction and so I'm in a trade within this pattern. Entered at 120.12. I'm expecting some resistance around the 121.50 to 122.00 level so I'll aim to lock in some profits before this and then wait and see what happens after that. Will it then bounce back, or will it push on, though? I'll wait and see if it get's to this point.