EURJPY Thesis
- Weekly: Last weeks candle closed as a shooting star for 3rd week in a row and closed below 117.58 signalling bears will most likely push this market alot lower.
- Daily: Price has finally broken out of area of consolidation after 6 days. A big move is now likely to occur. Next possible target 116.50 psychological level.
- 1hr: After break out of triangle/ 117.580. Do expect to see a sell off down to 116.50 psychological level after
Trade closed: target reached
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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.