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TraderRamos

EURJPY - Possible 2618 Trade

Long
Euro / Japanese Yen (FX:EURJPY)  
TraderRamos  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Double Top or Bottom Fibonacci 2618 Trade trendreversal Double Bottom uptrend
1
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trendanalysis doubletoporbottom fibonacci 2618tradesetup trendreversal doublebottom uptrend
Price has recently tested a zone of support looking a daily chart.
4h timeframe shows that price formed a double bottom at this level.
Price might retest 61,8% Fib level before it keeps rallying all way up towards 132,328.

Entry at 132,114
Stop Loss at 131,420
1st Target at 133,084
2nd Target would be at 132,328
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