FXTwentyOne

Possible Long on EURJPY

Long
FXTwentyOne Updated   
OANDA:EURJPY   Euro / Japanese Yen
Perfect Gold setup here. I think this could be an 80 pip long. Here's why...
  • 200-EMA holds as the price bounces off it in the support zone
  • price seems to be breaking the counter-trend and continuing the overall up-trend
  • price dipped into the oversold region on the MFI indicator which hints at a possible reversal

Always trade at your own risk. I would take this analysis on the 4-hour chart and go down to the 1-hour chart to draw up key-levels which I'd use to place my entries and exits. Will continue to
Comment:
... watch this pair.
Trade closed: target reached:
The gains just keep freakin coming man. I'm out of this trade now but happy with my gains! Let's get it!

My entry: 117.36500
My exit: 117.92300
Pips Gained: 55.8

If y'all are not following me, I don't know what's going on with you. On to the next.

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