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ThinFog
Sep 15, 2021 3:31 PM

EURJPY buy limit Long

Euro Fx/Japanese YenFXCM

Description

  • EURJPY has broken above the resistance of 129.880 and touched the level of 130.680 since mid-August. Both signify an overall uptrend.

  • The correction from early September could possibly end at the 0.236 fib level and give rise to an inverted head and shoulders.

  • Stop loss is set at the bottom of descending channel. But if the price breaks below the level of 128.530 substantially, I think it could head back down towards 125.400.

Trade closed manually

Stopped at entry.
Comments
World_Open_Forex
Keep up the good work
ArmanShabanTrading
Amazing 👌🏼 So True 👌🏼 I Agree Ma'am
MIss_Frodo
Thank you ma'am!! For the knowledge I'm still new
ThinFog
@MIss_Frodo, Thank you I'll try my best!
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