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Dorr9011

EURJPY Hitting Zone with a Double Bottom!!! Catching 112 Pips!!!

Long
Euro / Japanese Yen (FX:EURJPY)  
Dorr9011  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Technical Indicators Fundamental Analysis
1
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trendanalysis indicator fundamental
EUR/JPY is currently bouncing off of a support zone (purple), showing similar reactions to other previous formed zones in this current parallel channel. I have just entered a buy position, risking 32.5 pips to catch 111.4. We also have a confirmed double bottom, which sums it up to 3 total confluences.
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