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francesgurton
Nov 18, 2020 5:46 PM

EURJPY - Long Long

FX:EURJPY240
Euro Fx/Japanese YenFXCM

Description

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EURJPY has touched its support zone (123.15) once again.

Previously, the price has reached support and rejected, turning bullish and reaching its resistance zone again.

After reentering its support zone, I believe the price could reject this region and turn bullish heading back to resistance.

Before taking this long trade, I will look for clear confirmation of rejection at support (closed 4H bullish candles).
Trend AnalysisChart PatternsEURjpyEURJPYLONGSupport and Resistancesupport
Comments
RossTyler
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Had my eye on this a few days now, will see how price reacts around this level, could even have a short possibility down to 121.8. Nice chart work / analysis :)
dcbfx
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@RossTyler your an idiot as well
dcbfx
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Rubbish trade this is going lower u idiot
francesgurton
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@dcbfx, If you actually knew what you were doing you wouldn't have taken the trade, just as I haven't taken the trade. The confirmation simply wasn't there for a bullish move so why on earth did you take it? please learn how to trade properly.
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