in My previous analysis (www.tradingview.com/...ptb-EURJPY-BUY-IDEA/) , i predicted price to enter into the support zone before a continuation of my buy side bias.
There is a potential structure forming, a reverse head and shoulders pattern which is great to see because it's a trend reversal/continuation pattern.
The fibonacci 0.618 level also lines-up perfectly with the potential right shoulder which acts as another confluence.
There is a potential structure forming, a reverse head and shoulders pattern which is great to see because it's a trend reversal/continuation pattern.
The fibonacci 0.618 level also lines-up perfectly with the potential right shoulder which acts as another confluence.