EURJPY - Interesting Market structure

On EURJPY, price has been in a correction phase for weeks now and has created a bullish continuation pattern to resume its prior trend. We also have an engulfing candle at the 3rd touch of the trend line which is a strong confirmation for an onset of the bullish trend.
Bullish PatternsbuyChart PatternsEURJPYFlagForexLONGmarketstructurepatternTrend Analysis

Also on:

Disclaimer