EURJPY On The Rise! BUY!

My dear friends,
Please, find my technical outlook for EURJPY below:
The price is coiling around a solid key level - 163.19
Bias - Bullish

Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 164.22
Safe Stop Loss - 162.55

About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK

Comment:

Awesome idea and already in the money!

Trade closed: target reached:

Rejoice, for the target was hit!