EURJPY - Potential LONG at 0.382 retracement FIB bottom channel Long

FX:EURJPY240

Euro Fx/Japanese YenFXCM

Description

⋅ Oct 29, 2017 11:48 PM

Potential LONG at 0.382 retracement FIB bottom channel
Check price action for entry on reversal

FX:EURJPY

Comments

PCTradeKop

⋅ Nov 1, 2017 7:52 AM

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

mkol487

⋅ Oct 30, 2017 12:15 AM

0.382?

PCTradeKop

⋅ Oct 30, 2017 12:38 AM

@mkol487, bounced off that zone 3 times already - see the yellow circles

mkol487

⋅ Oct 30, 2017 12:44 AM

@PCTradeKop, yes nice and clear long uptrend?

mkol487

⋅ Oct 30, 2017 12:44 AM

@mkol487, what is going to be the best coinformation signal to buy?

PCTradeKop

⋅ Oct 30, 2017 1:37 AM

@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.

mkol487

⋅ Oct 30, 2017 5:14 PM

@PCTradeKop, to stay on the safe side at the end of the day its all about making a money not loosing it