EURJPY longs
Monthly:
"W" formation/ double bottom,
tetesting neckline
weekly:
break and retest of neckline clear
confluence with fibonacci 382 on retest zone
Daily:
- clear definition of area/zone of interest
- targets at former support now resistance also lining up with fibonacci 0.382
4hr:
- entry; break and retest of minor channel
- 382 fib confluence on retest
"W" formation/ double bottom,
tetesting neckline
weekly:
break and retest of neckline clear
confluence with fibonacci 382 on retest zone
Daily:
- clear definition of area/zone of interest
- targets at former support now resistance also lining up with fibonacci 0.382
4hr:
- entry; break and retest of minor channel
- 382 fib confluence on retest
Trade active
Trade closed: stop reached
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