Euro / Japanese Yen

Long

Updated

EURJPY - Long

This pair has consolidated 8 days within a mother bar (black arrow on the chart) - Key levels I have drawn up for a potential retest of broken structure - Look for bullish signals on 4H to go long.

Good luck

Note

Price is coming to the reversal area - watch for bullish signals

Trade active

Note

114.210 entry 2 positions

Note

Strong support @ 114.000
Up 100 pips

snapshot

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Related publications

GBPAUD - False Breakouts of IB - Educational

GBPJPY - Fakeout of Inside Bar?

NZDUSD - Head and Shoulders Pattern - Short

GBPCAD - Pattern Trade - Long

AUDUSD - Short (Rejection at Resistance)

GBPJPY - An Idea where to Long using Fibs

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.