FX:EURJPY   Euro / Japanese Yen
EURJPY has touched its support zone (123.15) once again.

Previously, the price has reached support and rejected, turning bullish and reaching its resistance zone again.

After reentering its support zone , I believe the price could reject this region and turn bullish heading back to resistance.

Before taking this long trade, I will look for clear confirmation of rejection at support (closed 4H bullish candles).

Comments

Had my eye on this a few days now, will see how price reacts around this level, could even have a short possibility down to 121.8. Nice chart work / analysis :)
+1 Reply
dcbfx RossTyler
@RossTyler your an idiot as well
Reply
Rubbish trade this is going lower u idiot
Reply
@dcbfx, If you actually knew what you were doing you wouldn't have taken the trade, just as I haven't taken the trade. The confirmation simply wasn't there for a bullish move so why on earth did you take it? please learn how to trade properly.
+1 Reply
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