FX:EURJPY   Euro / Japanese Yen
Support hit 115.549 numerous times. Unable to break. Shooting star on 4 hour candle indicates a BUY signal. Previous highs are the target. 116.579 may be a time to cash in on 50% or so of profit, and move stop loss to 116.180.

Comments

Ive got a take profit at 115.500

Is that still possible today/tomorrow?
+2 Reply
MSI_JAL26 r1charda
@r1charda, Certainly was. Did you buy or sell?
Reply
Im also looking at this support area, lets see what happens. Thanks for sharing.
+2 Reply
Hi bud. Looks clean but I would never buy straight on a zone like that without confirmation first easy way to get trapped out and take an easy 1% loss. But wasn’t a bad idea I can see what you was looking at 👍
Reply
Butchered it
Reply
LucasMatthew Lucazade47
@Lucazade47 not every trader is perfect either.
Reply
This looks like it wants to go lower
Reply
RSI divergence, is this a sign to buy...?
Reply
MSI_JAL26 benjaminh15
@benjaminh15, RSI divergence is an indicator. But should be used in conjunction with other signs like, chart patterns, candles, trends, MACD, ect. Dont just rely on one indicator. I always give myself 3 reasons to trade, and then look for an argument against that.
+2 Reply
benjaminh15 MSI_JAL26
@MSI_JAL26, thanks, deciding whether to enter now, as it looks like bearish reversal has occurred. using your strategy, I have RSI divergence, support line of 115.400, and the macd signals to buy. Thanks for your help!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out