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
Like my Facebook Page (http://www.facebook.com/forex100.org) to receive:
1. Weekly Market Analysis posted every Monday at 0815hr(+8GMT)
2. MidWeek Facebook Live every Wednesday 1808hr(+8GMT)
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out