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DigitalKM
Apr 9, 2017 10:20 PM

Potential Long opportunity EURJPY  Long

Euro Fx/Japanese YenFXCM

Description

Hello traders,
If price pulls down further into the price zone bellow 117.04s it may present an opportunity to go long.
We have previous structure around this level
A strong cluster of Fibonacci levels
and an AB=CD harmonic move.
For entry I require a a double bottom with confluence of RSI divergence and RSI oversold conditions which I look for on the 4hr timeframe and enter at market.
Have a good week trading.
Michael_KM
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