Topic: Long-term and Short-term Setups
Hello Traders,
Iām a pro with 7+ years of experience in the market. I want to help out retail traders. So, here I post some of my long-term and short-term setups and crisp points of the reasoning and my conclusion. Hope it benefits you.
EUR/JPY Technical Analysis
~~ The pair did a long accumulation in the form of an inverted head and shoulder pattern.
~~ It finally broke out and has been consolidating in an ascending triangle (continuation) pattern since then.
~~ Hence, we expect the pair to have a strong bull run when it breaks the resistance level of 122.5.
To view the chart, follow the link
https://www.tradingview.com/x/LjfZdNVr/