So this is a update to our post from yesterday on EURJPY. We had a neutral stance on it because it was planted in a wedge just below the top of the Cumulus Cloud Formation.
We have now taken a long on its break of the Cloud + Lagging line above the cloud & price.
It didn't break with much momentum however has upside targets of 140.862
Our stops are following the Kijun-Sen (seen in Orange) @ 139.00
We have now taken a long on its break of the Cloud + Lagging line above the cloud & price.
It didn't break with much momentum however has upside targets of 140.862
Our stops are following the Kijun-Sen (seen in Orange) @ 139.00