EurJpy potential bullish move

2 בספט׳ 2019

Here in EurJpy we can see that price is moving in a descending channel and price has fully completed the abcd pattern and price is currently sitting at the bottom of the channel which correlates with a daily demand zone. so here we patiently await confirmations of other factors of confluences to see a bullish move to the 120. region. Where a break below the demand zone will invalidate upside move... Thank you.
PS: this is just a market perspective and there's no actual certainty, trade at your own risk.