It's on a rising wedge on smaller TF, 15,30 and 1hr TF.
It's a 4hr resistance .
We can also see that since when it broke the double bottom structure it hasn't retested it, now is the time to go retest it .
We saw the way EurJpy plays yesterday really good head and shoulders played nicely. We will be going bearish as indicated in my chart.
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EurJpy is in a downtrend , after completing its suitable rising wedge, a correction to the downside is imminent.
Disclaimer: This chart is just to show you likely price future movement. Do Your Own Research.
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On the daily timeframe we could vividly see that the market has completed a rising wedge and it's falling already to correct itself but it's currently in a falling wedge as a correction. We have completed the XAB we'll be looking forward to completing the CDE this week .
On the 4hrs TF , we also completed a rising wedge , we were almost done with the price...
On the daily timeframe we could vividly see that the market has completed a rising wedge and it's falling already to correct itself but it's currently in a falling wedge as a correction. We have completed the XAB we'll be looking forward to completing the CDE this week .
On the 4hrs TF , we also completed a rising wedge , we were almost done with the price...
