EUR/JPY has been bullish for some time, giving positives on a previous setup we shared.
Price broke out of a resistance and moved higher impulsively, the analysis to this setup is linked below.
On the 1H chart, price has now presented a continuation pattern in the form of a flag.
We should look to long when price touches the supporting trendline for the third time and changes structure
Price has also formed an invers Head & Shoulders, so we should look to buy.
EURJPY
Price broke out of a resistance and moved higher impulsively, the analysis to this setup is linked below.
On the 1H chart, price has now presented a continuation pattern in the form of a flag.
We should look to long when price touches the supporting trendline for the third time and changes structure
Price has also formed an invers Head & Shoulders, so we should look to buy.
EURJPY
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🐂EUR/JPY LONG
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