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UnknownUnicorn3197506
Oct 29, 2020 9:00 AM

EURJPY structure trade Long

Euro Fx/Japanese YenFXCM

Description

Double bottom at structure with fib confluence, RSI oversold and RSI diverge on 240 timeframe.
What is your opinion about this setup?

Trade closed: stop reached

Comments
manyvtc
It is already break swing low. I supposed to drop more
UnknownUnicorn3197506
@manyvtc, Thanks for your comment and sharing your view on the setup. By my rules how I was taught to read structure it has not yet violated the swing low, because recent candle wicks on test of that structure zone expanded the support zone lower. For me violation of structure means closing below the candle wicks
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