EURJPY H4
Descending triangle. Currently waiting for the break on the S/R at 116.381 in order to confirm its down movement. Once its broken through, we can proceed to TP #1 which is at 115.829, then proceed to TP #2 at 115.461 and lastly TP #3 at 114.442. Our main target for the long run is 114.442 BUT since im new to TradingView, im still currently trying to figure how all this works so bare with me.... Compounding is the best way to go.
Descending triangle. Currently waiting for the break on the S/R at 116.381 in order to confirm its down movement. Once its broken through, we can proceed to TP #1 which is at 115.829, then proceed to TP #2 at 115.461 and lastly TP #3 at 114.442. Our main target for the long run is 114.442 BUT since im new to TradingView, im still currently trying to figure how all this works so bare with me.... Compounding is the best way to go.