elyask120

Bullish pennant forming on eurjpy 15min

Long
CAPITALCOM:EURJPY   Euro / Japanese Yen
Hi guys ,

Ive been trading the eurjpy as it has moved up from the lows in a nice channel.

Currently the pair is at a nice level and looks like it could be forming a bullish pennant on the 15 min timeframe for a quick intraay trade.

at the moment the pennant retraces 38.2 % of the pole and a double bottom is formed on the hourly so a move up seems likely.
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