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Thabang1865

EURJPY Long Position H4

Long
Euro / Japanese Yen (FX:EURJPY)  
Thabang1865  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis
1
0
trendanalysis chartpattern beyondta
On our Weekly and Daily chart we have a Downtrend meaning the market is on a strong bearish trend. On my H4 chart I have my key levels which is my support/resistance what we call demand/supply. My reason why I took a long position is because the trend has reached my Support key level , we might as well reach our resistance level because of key structure and market behaviour. My stop loss @ 127.881 My Take profit @130.388

kindly regards
ThabangTshili

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