RCP

EURJPY: The Best Long Opportunity

Long
FX:EURJPY   Euro / Japanese Yen
On 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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