Currency Pair: EUR.JPY Time Frame: Weekly, Daily, 4hr & 1hr Predicted Direction: Long
EUR.JPY updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Comment
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A breakout of the 4hr wedge failed to occur, price has also now broke below all key support levels on the Daily TF. This setup is now invalid.