globalfxkingz
Short

EURJPY STRONG RESISTANCE POINT REACHED

OANDA:EURJPY   Euro / Japanese Yen
Price has been travelling in a large ascending channel , we experienced a fake out to the downside, price made its way back into the channel annd shot up all the way up to the previous resistance point which is quite significant. We saw a major drop the last time we were here, can it happen again down to the bottom of the channel?

We believe so...

Price is currently being held up by a small support which we believe is about to be broken as the steep trend line it was following on its way up has now been broken.
Trade closed: target reached: TP HIT
Trade closed: target reached: TARGET 2 REACHED
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out