ForexCoaster
Long

EURJPY - Weekly - Buy

FX:EURJPY   Euro / Japanese Yen
As seen on the photo above we are getting closer and closer to another area of support for EurJpy on weekly chart. The whole chart might also go for a bullish triangle and there is why there are two "Take Profit"s.
Feel freee to ask questions and subscribe now.( We also have Telegram channel)

Comments

what do u think about this. is it possible?

Reply
@Dr-FX, Yes, it's very possible considering the slow down of the down trend (It' s seen well on MACD and EWO), but keep in mind that it may suddenly drop when market opens on Monday. As about a chart going for a channel, I wounld keep an eye on the momentum after reaching the previus height at 120 in case it collapses.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out