Hello,
There is a new opportunity coming for a re-entry of my last idea of EURJPY long which ended up in 350 PIPS of profits.
We are looking at the area 124.55-124.65. I will personally take 124.65.
We have a lot of confluences here - a confluence zone.
0.5 & 0.618 FIB + strong trendlinde which supports our bullish trend.
Lets ride it!
Cheers
Hello Guys,
Today i am going to show you (after a few months of inactivity) another technical analysis of mine and the idea of why i want to go long on EJ.
Confluence 1: EJ broke out of a downside trend that lasted 2 months and a few days, that usually means we are heading towards a new trend (no lower lows)
Confluence 2: Ej broke above my MA's
Confluence 3:...