Frankco

EURJPY---watch to long opportunity

Long
Frankco Updated   
FX:EURJPY   Euro / Japanese Yen
I would like to see a further lowest low, following with a start or hammer to end this downtrend. Watch for long opportunity.
The more "obvious" trade/trend, the more risky it is, less profitable it could generate. So most of the time, I spotted the beginning the trend, if it is not what I would expect, I would stay away from it.

See Statement link below before you follow any ideas, Cheers.
Comment:
Seems today we will have a hammer at the bottom of the trend. Lets wat and see what will be the next move.
Trade active:
long: 118.399

Target 1: 119.316

T2: 120.790
Comment:
Today we have a hammer which set up the support line about 116.850. Let see what will happen in another one or two days. If there is a confirmation signal , I will still be holding.

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