TradingView
EURObull
May 23, 2015 7:14 PM

Megaphone Pattern Long Zone Long

Euro Fx/Japanese YenFXCM

Description

We entered long Friday prior to close and will continue to layer longs if EUR/JPY continues downward move into purple box zone.

CCI on 60 minute would then also make a W bottoming pattern for additional long support.

Looking for 2 slanted parallel yellow lines as targets (this is the final "build" of the right shoulder of the Gorgeous Head and Shoulders Post from earlier this week)

Target 1: 135.33
Target 2: 135.77


Let's enjoy the weekend!
More