About meA beginner trader that is trying to get better in trading.
Do give me some advice on my analysis if you see any area i can improve on as this give me chance to learn and improve. :D
EUR/JPY is currently on a countertrend
Butterfly pattern
RSI oversold
1st Strong support at 128.693
2nd Strong support at 127.863 (stop loss)
Target Profit at 130.836 (when test the trendline)
Entry point - when a bullish reversal candlestick pattern appear around 127.693
4hr chart
Red 50ma overlap green 100ma indicate uptrend
Oversold-RSI is below 20
Strong support at around 130.208
Fib retracement is around the support level
Gonna Long, When price hit the support or fib retracement level and retrace with a candle stick pattern