After a fantastic day of trading yesterday, we're looking to have the potential for another today as I have 6 out of the 9 pairs in my trading portfolio on my watchlist.
On the EURJPY chart above, we've just completed a double bottom pattern and my next projection for price is a move up to the 128.50-1.2950 level where we see our previous structure resistance. If you didn't catch the double bottom there are still a few ways to involve yourself in this opportunity, one being a retest of that double bottom, which is something we often call a 2618.
I'm excited to see so much action as we creep into the dog days of summer, and with a new kid on the way any day now, i'm excited for life in general.
As always i wish you guys a great trading week! And remember this IS NOT a trading signal simply my view of the market.
Akil
P.S. - Man U Fans .... What the heck is going on?
On the EURJPY chart above, we've just completed a double bottom pattern and my next projection for price is a move up to the 128.50-1.2950 level where we see our previous structure resistance. If you didn't catch the double bottom there are still a few ways to involve yourself in this opportunity, one being a retest of that double bottom, which is something we often call a 2618.
I'm excited to see so much action as we creep into the dog days of summer, and with a new kid on the way any day now, i'm excited for life in general.
As always i wish you guys a great trading week! And remember this IS NOT a trading signal simply my view of the market.
Akil
P.S. - Man U Fans .... What the heck is going on?
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