RCP
Long

EURJPY: The Best Long Opportunity

FX:EURJPY   Euro Fx/Japanese Yen
On FX:EURJPY             we have the best long setup. There is a cup & handle pattern with very nice handle which forms a flag pattern as well, and this is a continuation pattern. Besides we have potential ABCD pattern . Our targets will be the next structure resistance @138.09- look left for more confidence- and a very nice fibs 1.272 confluence right at this level. The second target will be the ABCD completion level @138.83 resistance with the confluence of fibs 1.618. I suggest to watch the red zone which might stop the price for a while until it goes up.
Avto_T
Green Luck
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Thank you !! Avto_T
+1 Reply
RCP Freedom_Trader.
a year ago
Your are welcome!
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