EURJPY - Looking For Long Positions.
EURJPY - Looking For Long Positions.
Price has formed a double bottom structure on the weekly timeframe . The closing candle on June 5th is a bullish engulfing candle showing potential momentum to the upside. I will monitor price action and scale onto the 4H & Daily timeframes to look for a corrective structure prior to taking a long position.
Price has formed a double bottom structure on the weekly timeframe . The closing candle on June 5th is a bullish engulfing candle showing potential momentum to the upside. I will monitor price action and scale onto the 4H & Daily timeframes to look for a corrective structure prior to taking a long position.
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Disclaimer
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.