EUR/JPY Ready To Go Up Again ,Pattern Spotted ,150 Pips Waiting

Sep 10

Here Is My 1H EUR/JPY Chart , As we see we have a massive movement to downside without any correction and the price melted for last 2 weeks so we should try to find the best support we can buy from it to take this new movement to upside , now the price created a very clear pattern ( Symmetrical Triangle ) And the Price Closed Above It With 30 Mins Candle And I`m Waiting For 1H Closure Above at least to give me a confirmation to can buy this pair after it back to retest the pattern or enter directly if the closure not away from the top for the pattern and we can targeting from 70 to 150 pips and using a decent stop loss , if we have not a closure above then this idea will not be valid anymore , and if we have a closure below the low for pattern then the price will continue to downside .

Entry Reasons :

- Over Sold
- Bullish Price Action

Sep 10

Trade active

The Price Closed Above And Touched Our Buying Area And Starting To Move

Sep 10

Note

The Price Touched Our Buying Area And Moved +60 Pips