EURJPY 1H Megaphone chart pattern

2024年1月8日

The EURJPY 1H price formed a megaphone pattern. The price already broke to the downside and retested the support

Additional confluences:

- The megaphone pattern happened on a strong resistance range
- The 20 and 50 EMAs can [rpduce a bearish cross very soon

You can find the full analysis on our youTube channel: youtube.com/watch?v=IFPAKEuCHzM&t=3s

2024年1月9日

交易結束：目標達成

Price reached 157.25. Projection from the pattern was fulfiled. Price reached the 200 EMA. Since the breakout candle, the price produced over 70 pips of a movement