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TheTradersAvenue
Jun 14, 2022 10:24 AM

EURJPY > A Simple Trend Continuation Setup. Long

EUR/JPYOANDA

Description

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Analysis of #EURJPY


Here we have a simple trend continuation setup, but a very beautiful one, and here is why.

>> trend line support
>> structure support zone
>> 138.00 psychological number

if the market comes to my support level I will wait for a double bottom inside my support zone and confirmation we held up 138.00 before entering a buy trade.


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Thanks for your continued support!
Comments
AtlasTrades
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I love this method, thank you for great EUR/JPY idea !
Michael_Winner
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Looks very good, thanks for sharing your Eur/Jpy idea
JoeChampion
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Good work fella, i agree on EURO strength
UnknownUnicorn15614419
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Thanks for sharing!
DeGRAM
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Thank you for sharing your analysis.
Mihai_Iacob
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The trend is strongly up and you pointed out a good support for buying.
Thanks
KlejdiCuni
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I like this scenario. I am expecting for a stronger EUR as well.
MonoCoinSignal
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Logical analysis
Solldy
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What a great idea! It remains to wait for the price to fix, and you can enter the position)
TheTradersAvenue
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@Solldy, thanks for the comment
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