Investoid
Long

Possible Long after Downtrend?

FX:EURJPY   Euro Fx/Japanese Yen
34 0 0
1st Idea on here seeing how it goes!
Price is currently supporting on 3 month lows @ 134.60 levels
Next resistance is @ .236 fib retracment just below Kijun-sen on the 4hr timeframe
A break of those levels could expose the .5 fib @ 140.95 price range

1st possible entry @ close of the 1st 4hr candle @ 135.470
1st Take Profit just below .236 fib resistance @ 137.470
Stop Loss just below 134.552 support @ 134.570

A possible 1/2.5 risk/reward scenario...... Happy Trading!



Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out