Price is testing a trendline of a long term channel where we may have a setup completion in the upcoming week. Having in mind that we are in a correction we may soon have the end of this correction and have the beggining of the next impulse. We should keep a closer eye for a breakout below the corrective structure and sell EURJPY.
Daily chart:
On Monday i will host a webinar analyzing all forex markets for potential setups in the upcoming week. You may register using the link below:
attendee.gotowebinar.../5622718122159240962
Have a nice trading week..!
Daily chart:
On Monday i will host a webinar analyzing all forex markets for potential setups in the upcoming week. You may register using the link below:
attendee.gotowebinar.../5622718122159240962
Have a nice trading week..!
Comment:
The breakout worked great. We may now have an upmove before the upcoming sell off