Malika_Analysis
Long

LONG ON EURJPY AFTER PULLBACK TO 117.538

FX:EURJPY   Euro / Japanese Yen
Price is currently at a point of resistance where we could potentially see price retrace before going long again. The entry has been marked at the 50% Fibonacci retracement level. Stop loss has been marked at 116.027 and our target has been marked at 120.837.

Risk to reward 1:2
Equity risked - 1%

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Sep 12
Trade active

Comments

Hi, I'm also expecting a retracement to that level of 117.4xx-117.6xx for after another jump up.
Let's see how it works out.
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Malika_Analysis DisciplineIsBetter
@DisciplineIsBetter, Price respected the support zone well. Great anaysis, keep it up.
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Thanks for your signal
My Idea is :
Entery : Zone 117.855-117.745
Stopless : 116.645
T1 : 118.390
T2 : 119.210
T3 : 120.465
Do you think that could be true ?
You are very good teacher for me .
Reply
@dad1360, Hey, i will take a look at the price levels you have listed and get back to you.

Thank you, appreciate your kind words.
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