raynlim
Long

Trade Ideas Analysis: EURJPY Triple Bottom

FX:EURJPY   Euro / Japanese Yen
2 ways of reading this trade setup, trend traders will read it as the bearish flag and counter-trend traders as triple bottom with RSI Divergence.

As a born counter-trend trader, I'm more into with the latter. I have already engaged the trade and see how this play out.
Great Reward: Risk and not all my decision is just based on that, for this trade there is no recent support level to allow me to have my sell targets to, hence, I will stick with my triple bottom.
Trade closed: stop reached: Hit Stop Loss -33pips
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