Hello my dear fellow community members,

EURJPY seems good to buy as it has broken out of the falling wedge, which is a bullish pattern. The targets of the pattern are at 123.50 levels. I will place my buy stop order above high of today's daily candle. If the candle closes below 121.33, then I will place orders above 121.33. Here is the chart showing the setup.

EURJPY DAILY CHART



Any comments or suggestions about the setup are welcome.
Happy trading.
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