I’m neutral on EUR/JPY

All my analysis start with technical analysis. If the technicals don’t give me any indications , I don’t bother looking a the trade . This is the case for EUR / JPY .

EUR/JPY is currently stuck between two trend line which form a triangle. I’m waiting for the price to break the triangle with heavy volume ( I don’t want to be in a bull trap or a bear trap ) to continue my analysis :
- economic calendar release
- inter market analysis

And then , I would decide if I take a position or no .

Not trading is part of trading .
Have a wonderful day .