PCTradeKop
Long

EURJPY - Potential LONG at 0.382 retracement FIB bottom channel

FX:EURJPY   Euro / Japanese Yen
Potential LONG at 0.382 retracement FIB bottom channel
Check price action for entry on reversal

FX:EURJPY

Comments

update...decent bounce off channel but is currently at 0.382 fib retracement from the move down...exit and watch for now.

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0.382?
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PCTradeKop mkol487
@mkol487, bounced off that zone 3 times already - see the yellow circles
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mkol487 PCTradeKop
@PCTradeKop, yes nice and clear long uptrend?
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mkol487 mkol487
@mkol487, what is going to be the best coinformation signal to buy?
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PCTradeKop mkol487
@mkol487, trending up since mid April...though there is a caveat - could be short if it breaks out from bottom channel hence why traders should wait for confirmation.
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mkol487 PCTradeKop
@PCTradeKop, to stay on the safe side at the end of the day its all about making a money not loosing it
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