longtrade

EURJPY - Bullish on a weekly time-frame - Symmetrical Triangle

Long
FX:EURJPY   Euro / Japanese Yen
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
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