Possible Cup and handle on EURJPY
Updated
EURJPY is showing a nice cup and handle pattern on H4/Daily time frames after a successful break and retest of a weekly lasting descending trend line.
We can notice also that the structure of the market is shifting from bearish to bullish with Higher highs and higher lows made on the H4/Daily time frames.
The pair has more upside potential in the coming trading week and days to come.
We can notice also that the structure of the market is shifting from bearish to bullish with Higher highs and higher lows made on the H4/Daily time frames.
The pair has more upside potential in the coming trading week and days to come.
Trade closed: target reached
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