tommyb35

At market buy on EurJpy

Long
FX:EURJPY   Euro / Japanese Yen
Eur/Jpy just put in a massive double bottom on the daily chart. You have a bull setup on the stochastic which it higher highs on the oscillator but lower highs on the chart. Then you have some classic divergence below on the double bottom. If you can handle this much risk in your trade plan and can hold positions for a longer period of time, then this is an excellent opportunity.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.