Looks like a 25 pipper long play on eur/jpy. Ascending triangle...increasing momentum...macd line above zero...bollinger band squeeze...also notice potential positive divergence on the cci. Keep in mind that I'm only right about 50 to 60% of the time. 25 pip target with an 8 pip stop loss. 3 to 1 risk to reward ratio.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.