ForexGent
Long

Long EUR/JPY on the close of bearish engulfing. Strong trend

OANDA:EURJPY   EUR/JPY
34 2 0
I think we can find another 100-120 pips long here. Price is following a beautiful trend line on the Daily and 4h charts. With the right price action confirmation I think we will be going long on this pair.

brittscheriff
a month ago
Since it broke through the trend line on the hourly chart, do you think it will still be a long on this pair?
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ForexGent
a month ago
@brittscheriff Good question. This trade is no longer valid for me. I actually didn't enter long because there was no price action close I liked. I am now bearish on this pair and only looking short. I think price can come back and retest the 50% or 61.8% fib lines but I I'm short this pair now.
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