Jason_Stapleton
Short

EURJPY Double Bottom Long Opportunity

FX:EURJPY   Euro Fx/Japanese Yen
Great spot to look for a reversal play. Up against structure with a great stop areas.
Siva PRO
2 years ago
Thanks Jason.
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Aqua-Life
2 years ago
How do you handle the R/R with stop placement? Considdering the big wick that occured a few hours ago? Thanks
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MinervaFX Aqua-Life
2 years ago
I've placed my SL just few pips below the previous Double Bottom's lowest low.
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dagmah
2 years ago
Hey Jason : this is what i think
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hnrurt999 dagmah
2 years ago
Why didn't you draw the first leg from the lowest low?
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DayFarrell hnrurt999
2 years ago
yes i agree with the question, the pattern is a complete Gartley pattern At that point, which brings the reversal (or target if you're already in a trade) price to ~134.500~
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DayFarrell hnrurt999
2 years ago
this is the Chart
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dagmah dagmah
2 years ago
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dagmah dagmah
2 years ago
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dagmah dagmah
2 years ago
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dagmah dagmah
2 years ago
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FXPhantom
2 years ago
It really looks good. Took that trade too.
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DayFarrell
2 years ago
Hey Jason thanks for the lessons man, i'm spotting patterns very easy now.
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DayFarrell DayFarrell
2 years ago
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DayFarrell DayFarrell
2 years ago
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DayFarrell DayFarrell
2 years ago
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Jason . you mean LONG because of the double bottom ?
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Jason_Stapleton PRO mohamed.alrashedi.3
2 years ago
yes
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AnnOrtiz
2 years ago
Thank you for all the analysis and also the patterns study. I have been able to stay in trades longer by doing fewer and letting them go instead of always hacking them. Your studies really help me to do that.
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MinervaFX
2 years ago
Up 25 pips :D Thank you Jason. You are a great guy ;)
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Buythelow
2 years ago
Nice call there, Jason. Almost couldn't bounce off harder. Worked great with most other Yen pairs as well.
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dagmah
2 years ago
EURJPY Double Bottom Long Opportunity


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KamalFX
2 years ago
Nice
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