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EURJPY LONGEURJPY has been moving in a down trend for serval day. Current price action suggests that the pair might be in for a short term bullish correction. The patterns we spotted which are in line with our short term up trend basis include an inverse head and shoulders pattern in Daily and H4 time frames with the H4 being the more clearer. We have also spotted a trendline breakout, close and retest followed by a change in market structure by the breakout, close and retest of our key level. The target for this particular trade is around the 132.6**The risk reward for the trade currently stands at around 6.81 to 1. We plan to hold this particular trade until out target is reach or close manually as per the rules of our trading plan.
Long
by NDOBObanks
2
#AMZN Is This The beginning of Amazon?- AMZN looking like an amzing falling wedge, I believe its done with its long abcde correction, as well bounced looking to be bouncing off the trendline here soon witht he fibs. - Not a strong confirmation as ER is around the corner and it can actually be the reason why it can actually can drop hard instead of following this bullish wave count. - ER should determine the direction of Amazon. - I am not too confident on this one i would like to as FAANG is looking extremely weak
NASDAQ:AMZNLong
by Raulf-m
2