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AlkalineFX

EURJPY - Fake Breakout

Long
Euro / Japanese Yen (FX:EURJPY)  
AlkalineFX  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Technical Indicators Chart Patterns EURJPY eurjpyshort eurjpylong Technical Analysis
9
2
trendanalysis indicator chartpattern eurjpy eurjpyshort eurjpylong technicalanalysis
I believe EURJPY will attempt to break out of this ascending channel with little success. Once the lower time frame order block is reached, the bullish correction will be introduced and a channel re-entry is likely.

Sentiment Data - 52% Short

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