EURJPY setting up for possible 200pips breakout!!

Euro / Japanese Yen (FX:EURJPY)

Updated

FX:EURJPY Euro / Japanese Yen

trendanalysis chartpattern eurjpy sell buy short long breakout bullish bearish tradingbay

I'm lookig for a possible breakout here! We saw price doing a sort of double bottom on 116.60 zone and could gain some strenght to go up to maybe 118.00! On the other hand we could see the bears keeping control of this pair and pushing it even lower, to around 116.35 support zone. In highr timeframes we can see its an important mark where price reacted. keeping an eye on this one next week!

Leave comment! Let me know if you agree! Dont forget to like as support for my work! Thanks :D

Comment:

SL on first entry long, -25pips

second buy entry from support 116.35, running +40pips

Comment:

full closed at +70pips

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