EUR/JPY confirmed buys
In the picture above, see price broke above the neckline of the double bottom pattern in a impulsive manner. The impulsive breakout confirmed the breakout. My expectation for price is, price will rise and test the highest high or 131.544. However, also keep in mind that price could retest the broken neckline.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.