EURJPY Might break the channel soon
Due to the irregularities in the pattern, there is a greater tendency that the price might break the channel and go short. We can observe that it is forming lower highs and higher lower resulting to contraction. Always wait for confirmation before entering a trade because market makers might manipulate the price at first break out.
Due to the irregularities in the pattern, there is a greater tendency that the price might break the channel and go short. We can observe that it is forming lower highs and higher lower resulting to contraction. Always wait for confirmation before entering a trade because market makers might manipulate the price at first break out.