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mcuy366

[EURJPY] Monthly chart is teasing me HURRY AND BOUNCE

Long
Euro / Japanese Yen (OANDA:EURJPY)  
mcuy366  
OANDA:EURJPY   Euro / Japanese Yen
eurjp eurjplylong LONG
1
0
eurjp eurjplylong long
Divergence on Monthly Chart + S/R level ----> Possible reversal?

  • Trend line is broken further validates the reversal happening.

****************No need to rush*******************

  • Wait for any possible consolidation to be over.

    Consolidation is finished when it breaks the R1 (blue zone)

Aggressive : Enter
Conservative: Wait for retracement
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