#XRPETFs Live signal on the pocket option! TradingView analysis in action ❗️
💸 Trading pair: EUR/JPY (OTC)
Analysis: The EUR/JPY OTC pair on the 1M timeframe initially showed strong upward movement driven upwards, characterized by the green trend line, before turning into a downward trend within a red descending channel. Recently, the price formed a 'double bottom' pattern, indicating a trend reversal, and has now begun trading in an ascending parallel channel, signaling a new bullish phase.
The SuperTrend indicator gives a clear buy signal, as it points upwards, while the Relative Strength Index (14) is above 50 and rising, currently around 55, confirming the increasing bullish momentum. This confluence of the double bottom, SuperTrend indicator, and Relative Strength Index enhances the bullish setup for a potential upward movement.
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CALL for 30 minutes 📈
◀️ Enter the trade now! ➡️