I am new to ForexStreet... I want to share my EURJPY trade.
I am taking a long at 96.80, Target at 97.641, Stop at 96.494
Notice the bullish flag and in concreto a triangle.
Also in support of the rectangle is the same with the minimum correction level of the fibo 61.8, and that may mean the previous ascendant wave has its correction in support of the rectangle.
I feel this is a good short term buy, technically and fundamentally.