ztokar
Long

EUR.JPY False break

FX:EURJPY   Euro Fx/Japanese Yen
14 0 0
False break, looking to get long with take profit at short term resistance, then looking for bearish move down before getting long again
Comment: Based on what I see in the daily charts, we are in the beginning of a change of trend in the yen, there have been false breaks followed by counter-trend impulsive, volatile corrective structure developing, it might take a few more weeks/months but I am expecting the end of the yen monster. Ditto for dollar

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