Hello Traders !
This is a technical view on EURJPY, we're looking for taking a long positions on EJ next days; for the following reasons:
We've a bullish trend with currently doing a correction that taking 4 months, and the last month the candle before closed it rejected from 128.00 support level since March 21,
Now we're in the same levels of support that looks clearly on Weekly, we've a bullish pattern that's printing now (Head & Shoulders),
Currently the price goes back into the weekly support at 128.70 level; after that we expect the price rise up & continuing rising to higher levels.
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TRADE CAUTIOUSLY..
This is a technical view on EURJPY, we're looking for taking a long positions on EJ next days; for the following reasons:
We've a bullish trend with currently doing a correction that taking 4 months, and the last month the candle before closed it rejected from 128.00 support level since March 21,
Now we're in the same levels of support that looks clearly on Weekly, we've a bullish pattern that's printing now (Head & Shoulders),
Currently the price goes back into the weekly support at 128.70 level; after that we expect the price rise up & continuing rising to higher levels.
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TRADE CAUTIOUSLY..
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