EURJPY Potential Bullish Movement

By TheSignalyst
EURJPY Potential Bullish Movement

price is now trading inside this objective wedge pattern in blue

waiting for an objective break above our upper blue trendline to buy this one

as usual, if price forms a new red dot around our upper blue trendline, it will be considered as the new "last" swing standing

meanwhile, this pair is overall bearish until an objective buy setup is activated

Confluences for the buy:
1- Divergence in red
2- Support in purple from Daily
3- Objective Trendline in blue
breakoutChart PatternsDivergenceEURJPYTechnical IndicatorspatternsupportTrend AnalysisWedge
TheSignalyst
Trading Made Simple; and Rule-Based
RichTL.com

Instagram:
instagram.com/richthesignalyst

Telegram:
t.me/thesignalyst

Best CFD broker
cutt.ly/TickmillReal

Disclaimer