EURJPY -
Bullish on a weekly time-frame
Symmetrical Triangle
Long Term trend-line support
Expect the price to bounce from current levels (118) to the Horizontal Resistance (124).
Scenario 1 - Price breaks above 124 and reaches 128
Scenario 2 - Price fails to break above 124 and falls back to support 116
Note - Self-Educational analysis
Bullish on a weekly time-frame
Symmetrical Triangle
Long Term trend-line support
Expect the price to bounce from current levels (118) to the Horizontal Resistance (124).
Scenario 1 - Price breaks above 124 and reaches 128
Scenario 2 - Price fails to break above 124 and falls back to support 116
Note - Self-Educational analysis