#EURJPY 🇪🇺/🇯🇵 Monitoring the wave count on the daily timeframe
Breakout imminent 🚀
🧐 It appears that the price is about to break out 🏹 of the triangle pattern forming within Wave 4 of a larger-degree impulsive uptrend, which may have completed all its sub-waves.🤌
💫 The formation of a triangle pattern 🔼 following a strong upward impulse wave reflects the price’s readiness to resume its upward movement.📈
👉 Based on this analysis, we expect:
✨ The uptrend to continue ⏫ through a new impulse wave
✨ The 196.816–205.740 levels represent ideal targets for the upcoming wave, with the possibility that the uptrend could extend even further💸
Breakout imminent 🚀
🧐 It appears that the price is about to break out 🏹 of the triangle pattern forming within Wave 4 of a larger-degree impulsive uptrend, which may have completed all its sub-waves.🤌
💫 The formation of a triangle pattern 🔼 following a strong upward impulse wave reflects the price’s readiness to resume its upward movement.📈
👉 Based on this analysis, we expect:
✨ The uptrend to continue ⏫ through a new impulse wave
✨ The 196.816–205.740 levels represent ideal targets for the upcoming wave, with the possibility that the uptrend could extend even further💸