💱 Is it time for the Euro?
💱 For some time now I have been watching the Eur/jpy pair which is, in my opinion, beginning its journey towards breaking out and landing finally at the 150 levels.
💱 Looking at the key indicators. We see bullish signals everywhere. Given today's upward candle and the formation of increasingly higher lows, it is hard not to hold a bullish attitude.
💱 Target was set on the basis of 2 fibo measurements, the last biggest corrections and the target level is the cluster 1.618, which ideally touches on the round level of 150
💱 The stop was set below today's upward candle.
💱 As a result, the Risk/Reward ratio is 3 times for profit, which in my opinion is a very good result.
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