Shorter TF analysis of EUR JPY showing a wedge formation... Or is it a TRIANGLE ??
In my opinion it will breakout on the upperside and touch resistance levels marked in PINK.
Have also added support in case it comes down.
In my opinion it will breakout on the upperside and touch resistance levels marked in PINK.
Have also added support in case it comes down.
Yorum:
My opinion was wrong and it moved downward.... But then it did touch the support levels marked in green (twice) and then moved back up to treat the support as resistance.