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DariusAnucauskas
Jun 5, 2017 12:35 PM

EURJPY - 240 - Getting squeezed? Watch the breakouts 

EURO / JAPANESE YENICE

Description

The market looks dull today. Or maybe it's just me...

EURJPY. Triangle. Squeeze. Continuation to the upside? Maybe... Watch the breakouts...

Keep an eye on the price action!
Comments
IberiaTrading_mentoring
Will it touch 118.0000 ? Or too optimistic
DariusAnucauskas
@Creamygem, I'm really loving the idea of 118 (117.800 to be more precise). The reason for that would be that little gap that we had around 21.04.2017 . It would be great to see a close of that. But then again, I think we need to be very careful with the different events that will be taking place this week (UK elections and Draghi talking, about how awesome he is).
To see 117.800 would make me happy!
IberiaTrading_mentoring
@DariusAnucauskas, thanks . I'm on long from 122. Next resistance 125 and then go short .
DariusAnucauskas
@Creamygem, I like your trade idea. I think it could work out.
IberiaTrading_mentoring
@DariusAnucauskas, well I'm still learning & you charts are awesome . Maybe can learn a thing or two from you .
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