Possible trade idea for EUR/JPY
When we look at the chart we can see that the price is slowely moving back up and that we are forming some sort of rising wedge.
What I want to do now is trade here and see if the wedge becomes valid. At this point it is not a valid wedge for me so I would be trading this with very little risk. Just to see the price move and see what is happening.
What I want to do now is trade here and see if the wedge becomes valid. At this point it is not a valid wedge for me so I would be trading this with very little risk. Just to see the price move and see what is happening.
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