I was looking for a break higher for the EURJPY. However this move didn't get triggered and we saw a triangle correction and another impulse lower.
Last week I mentioned that a triangle almost always occurs prior to the final move of the structure. With a new low and reversal we might see a bullish break out next week.
I will be looking for the break to buy the EURJPY.
For my previous update see below:
timstuyts.com
facebook/timstuyts/
Last week I mentioned that a triangle almost always occurs prior to the final move of the structure. With a new low and reversal we might see a bullish break out next week.
I will be looking for the break to buy the EURJPY.
For my previous update see below:
timstuyts.com
facebook/timstuyts/
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Related publications
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.