WBGwen

EURJPY Hitting strong support, price may bounce soon.

Long
WBGwen Updated   
FX:EURJPY   Euro / Japanese Yen
Price hitting the support which tend to hold since 9 october. Therefore price tend to bounce higher then to break the support, as we can see the support tend to hold, then breakdown and go up again.

RR Ratio 2.5:1

(Note: Never trade with the money you can't afford to lose)


Good luck.

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Comment:
Price breakout the previous resistance, retest. We can long now if you think the RR ratio is acceptable.
Trade closed: stop reached:
Price break the support, exit trade.
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