OANDA:EURJPY   Euro / Japanese Yen
Hi, Why do most traders shy away from some good currencies and concetrate on gold despite how volatile and devastating can be?
However, EURJPY
Confluence 1: bullish trend (HH/HL on D1 and H4)
Confluence 2: Divergence on H1
Confluence 3: Bulllish candlestick on H1, and Pin bar on H4
Confluence 4: 50SMA supports bullish momentum on D1.
and if it doesnt workout, its all based on probabilities

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.