go long on the test of trendline
as the eurjpy is moving up after breaking the weekly resistance , i will try to go long on the trendline testing and aim upto the next weekly resistance marked in yellow box. before opening any position pleace check for bullish price action.
Note
the swing low marked with green line can be potential candidate for a reversal. keep an eye on that area. or if market retraces further than i have marked the weekly resistance in my other idea. we can see that if it can hold as support than we can go long from that area also
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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.