Technically there is a chance to long

FX:EURJPY   Euro / Japanese Yen
341 6 1
Given the triangle that in RSI had given a good pre buy signal we find that if the price confirm the upside break out, the chances for a long to the weekly resistance zone of 137.82 are good.

Therefore we will wait to see a close above the 129.95. At one to one risk reward ratio, place the stop at break even and then wait to see if the price reach 137.82. Just keep in mind that the minimum target for the triangle get accomplished at 135.86
will close this post but possibly in the future will re analize this chart again
This still alive with stop loss at break even just by miracle, lol!
On the weekly xxx/JPY are showing bearish signs

I think upside is limited. I will sell rallies.
Patience is a virtue...
7pasos darkrabbit
This triangle could be observed as clear in daily as in this 240m chart, so perhaps would be better to expect for a daily close
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out