So this is a update to our post from yesterday on EURJPY. We had a neutral stance on it because it was planted in a wedge just below the top of the Cumulus Cloud Formation.
We have now taken a long on its break of the Cloud + Lagging line above the cloud & price.
It didn't break with much momentum however has upside targets of 140.862
Our stops are following the Kijun-Sen (seen in Orange) @ 139.00
We have now taken a long on its break of the Cloud + Lagging line above the cloud & price.
It didn't break with much momentum however has upside targets of 140.862
Our stops are following the Kijun-Sen (seen in Orange) @ 139.00
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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.