MalikAsmi

EURJPY BREAKOUT

Long
FX:EURJPY   Euro / Japanese Yen
0
THE BREAKOUT JUST HAPPENED FOR THE PAIR ON THE H4 CHART SYMMETRICAL TRIANGLE. GOING LONG HERE IS A GOOD CHANCE AND TARGET WILL BE AT 133.664, HOWEVER, BE VERY CAREFUL ON THE SL AS THIS PAIR CAN CHANGE DRAMATICALLY ON EITHER DIRECTION SPECIALLY WHEN ECONOMIC NEWS ARE RELEASED FROM BOTH SIDES. MOREOVER, FOR CONSERVATIVE TRADERS, IT WOULD BE WISE TO WAIT UNTIL THE RE-TEST OCCUR ON THE SUPPORT THEN OPEN POSITION. GOOD LUCK TO EVERYONE...
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