TradingView
ForecastCity
Nov 24, 2020 8:50 PM

💡Don't miss the great buy opportunity in EURJPY Long

FX:EURJPY240
Euro Fx/Japanese YenFXCM

Description

⋅
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (123.40).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. EURJPY is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.

Take Profits:
TP1= @ 124.50
TP2= @ 125.10
TP3= @ 126.20
TP4= @ 127.00
TP5= @ 128.00

SL= Break below S2

❤️ If you find this helpful and want more FREE forecasts in TradingView

. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!

❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?

Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.

Trade well, ❤️
ForecastCity English Support Team ❤️
Trend AnalysisChart PatternsTechnical IndicatorsEUReurojpyEURJPY
Comments
DenizKilicDeniz
⋅
Looks good to me. Thank you for sharing.
ForecastCity
⋅
@DenizKilicDeniz, You're welcome!
ForecastCity
⋅
@DenizKilicDeniz, Thank you as well for your comment.
Josef_anderson
⋅
The trend lines are excellent. I agree with your technical analysis. 👌
ForecastCity
⋅
@Josef_anderson, Thank you! We appreciate your comment.
Kamryn
⋅
Thanks for the analysis.
ForecastCity
⋅
@Kamryn, You're welcome.

We appreciate your comment.
Kristalyn
⋅
It's very helpful. Cheers 👍
ForecastCity
⋅
@Kristalyn, Cheers 👍
Pro_Trader_007
⋅
Good call! tnx for sharing it.
More