Euro / Yen JepunPanjang
EURJPY POSSIBLE LONG SETUP
EURJPY on the big timeframe, we're still trading inside the MULTI_YEAR WEDGE PATTERN, price is so bullish inside the WEDGE trying to reach to the resistance zone of this WEDGE PATTERN around 129.40 zone.
Price is at the level it has been rejecting since 2018, it's a level of support turn resistance from 2018, looking back to the left at 127.00, price is so bullish into the zone while been range for week, we also have this BULLISH FLAG on the 4H chart supporting the bullish side of things.
A push above 127.00, a daily close above will be so nice, with retest holding, that will definitely set price higher with target around 129.40 zone there about.
While rejection will tell price possibly still continuing in the range bond zone.
Price is at the level it has been rejecting since 2018, it's a level of support turn resistance from 2018, looking back to the left at 127.00, price is so bullish into the zone while been range for week, we also have this BULLISH FLAG on the 4H chart supporting the bullish side of things.
A push above 127.00, a daily close above will be so nice, with retest holding, that will definitely set price higher with target around 129.40 zone there about.
While rejection will tell price possibly still continuing in the range bond zone.
Penafian
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