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EURJPY: Two Potential Advanced Patterns Setting Up

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We’ve got a pretty interesting situation developing on the EURJPY, where not just one, but two potential advanced pattern formations setting up simultaneously. Opportunities like this don’t happen often, and they’re a great example of how structure and symmetry can align to give traders multiple reasons to get involved in the market.

Identifying the Dual Pattern Setup

What makes this chart particularly exciting is that the two patterns overlap within the same price zone, creating a powerful confluence area. When multiple patterns or Fibonacci-based setups complete around the same levels, it increases the probability of that zone acting as a significant turning point.

In the video, I’ll walk you through how to measure out each pattern step-by-step, showing you exactly where the completion points line up.

The Takeaway

Whether you’re an advanced pattern trader or simply looking to refine your technical analysis skills, this EURJPY setup is a great example of how disciplined pattern recognition can reveal high-probability opportunities.

I wish you guys a great week of trading!

Akil

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