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EUR/JPY LONG
Euro / Japanese Yen
Long
EUR/JPY LONG
By Craven64
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Updated
Jul 12, 2019
2
Cheer
Cheer
Jul 11, 2019
Really liking the look of this going long. No entry as of yet as waiting for the London session to commence.
Daily candle from yesterday is suggesting long to continue with the trend.
4H chart is testing some fib lines now but 5&20 averages have doubled up giving a nice long signal.
Will update on entry come the morning and see how it goes.
Jul 12, 2019
Trade active
Price has kept in line with 382 fib on its closing. I think we will see .5 level tested. I have entered the trade at 1.2549.
SL - 1.2520, tight stop loss I know but bypassing this price I think will mean a continuation to the downside.
No TP set as will be keeping an eye on this. Potential big bullish move.
Jul 12, 2019
Comment
** In relation to last, prices expected to test 122.33 not 1.2549.
SL set to 122.00 not 1.2520. Same principles apply though. Prices stated on previous comment are for GBPUSD.
Chart Patterns
EURJPY
Forex
Technical Indicators
Technical Analysis
Trend Analysis
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