EURJPY: Potential Continuation & Trading Plan Long
Opis
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hey guys,
a classic trend continuation pattern on EURJPY.
we see a sequence of higher lows and all higher highs are stuck on a horizontal structure resistance
forming a perfect ascending triangle.
with 1H candle close above the resistance we can buy the market on pullback expecting a further bullish continuation.
target levels will be:
118.5/118.8
safest stop is below the last higher low.
if the market respects the resistance and retraces below the last higher low, the pattern becomes invalid.