Excellent Long-Term Hunting Opportunity in EURJPY, Don't miss it
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Trading suggestion: Price is in the resistance zone (134.40 to 135.00), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (134.40) .Ending of entry zone (135.00)
Technical analysis: .A vale is formed in daily chart at 133.90 on Fri, 12/22/2017, so more gains maximum to resistance zone (134.40 to 135.00) is expected. .Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. .Relative strength index (RSI) is 68. .Current short-term is range bound, but beginning of downtrend is expected.
Trade closed manually
Total Profit: 0 pip Closed trade(s): 0 pip Profit Open trade(s): 0 pip Profit
Trade Setup: We opened 10 SELL trade(s) @ 134.46 (day close price) based on 'Peak' at 2018.01.09 signaled by "Daily Trading Opportunity".
All 10 trades closed at entry price, therefore no profit no loss.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.