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KWFX

Possible Reversal

Short
Euro / Japanese Yen (FX:EURJPY)  
KWFX  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis priceaction dynamicresistance trianglepatter breakouttrading
2
0
trendanalysis chartpattern beyondta priceaction dynamicresistance trianglepatter breakouttrading
Weekly resistance (pink rectangle with red borderline) + Ascending triangle + Divergence

Only if price breakouts from ascending triangle with a clear price action confirmation and any additional confluence such as Fib, EMA's or S/R levels, I will take this trade.

Adjust your SL and entry accordingly to your own risk and strategy.

All comments are appreciated!

Om Shanti Om!
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