Result on July 10th from the initial Post of July 05th. (Click on the chart to enlarge it)WINNER
The Symmetrical Triangle worked perfectly. My strategy to SELL break down 134.09 with STOP 134.20 and LIMIT 133.61 was a winner.
=========================================================
Initial Post on July 05th
(Click on the Chart to Enlarge it)EUR/JPY still shows this major symmetrical triangle at dailies. This week prices will be too close to its vertice, which isn´t a very good sign for this pattern: prices should have broken this triangle already. Daily oscillators are all at their mid range, thus showing nothing. Very hard to know what´s going to be the next move. My short-term strategy is:
* SELL break down 134.09 with STOP 134.20 and LIMIT 133.61.
Any main move will happen at trade range 134.82 to 133.60
