Long Signal: W PATTERN H4 on EurJpy

EurJpy breaking higher?

- Hints suggest that EurJpy could break first resistance around 131

- W Pattern happened, Short could have been triggered but market looking very bullish

- If EurJpy breaks above previous resistance (W area) should act as support

- Notice that M pattern on Daily chart already occured and still in progress.

- Aslo notice that if you refer to CSA (set true into Indi for 1 chart only) it shows that JPY is the weakest currency right now.


This is the way I read chart and markets seems ready to break higher.


Trade: Long

SL should be well located below Center Point @ 128 .95 area

TP @ 133 area

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