schoelli

EUR/JPY Symetrical Triangle 2 Options

FX:EURJPY   Euro Fx/Japanese Yen
EUR/JPY             is moving within a symetrical triangle. This Pair is in a major downtrend but is moving within an ABC Corrective structure. The C wave completion failed so i expect a breakout to the downside.
Scenario 2 is a breakout to the upside, out of the symetrical triangle which offers a great long Setup. The largest distance from the triangle is my goal.
Always follow your Plan, Daniel
Likes and Comments would keep me motivated to post more Setups
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