On the EURJPY daily chart, we can see that the pair is in the wedge and is testing an important 137 level for an upside break. The rejection from here could lead to a pullback into the 135.200 level for a wedge downside break.
Note: look only for the short trade entries for now with the SL above 137 level.
Prop-trading! The new group is starting on February the 5th! Questions via skype: quinotaur.fx
Now with our Annual membership new features! Portfolio doctor and trading sessions only twice a week! We will help you to trade cryptocurrencies!
JOIN US
Happy trading! (click on the chart to enlarge it)
Through time we have developed a very respectable trading strategy which defines Entry, Stop Loss and Take Profit levels with high accuracy and allows you to make position Risk Free. If you want to learn all about it and become a professional Trader, sign up now we are accepting Bitcoins!