AzrulAzir

Ascending triangle break up

Largo
AzrulAzir Actualizado   
FX:EURJPY   Euro/Yen japonés
Eurjpy break up ascending triangle pattern, with projection at 133.81
from this position to target its around 258 pip range.
In this setup, we can open at neckline retest to follow ascending triangle pattern with target 324 pip
or following parallel channel up with 170 pip range.

Somehow pattern will failed if price break down bearish confirmation line at 129.44

Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.

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