EurJpy has Been on a strong bull run over the previous weeks Breaking out of a price channel and has now come back for a retest with huge confluence building giving a high probability trade entry.
However, as this is Easter weekend we can expect little movement until next week midweek.
Confirmations for Long Trade:
However, as this is Easter weekend we can expect little movement until next week midweek.
Confirmations for Long Trade:
- Hidden divergence suggesting continuation.
- Fibo support
- Trend line 3rd touch (most traded data point on trend line)
- Channel breakout retest
- Confluence building all in a key zone
Trade active
Trade closed: stop reached
Sl closed in profit
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.