EUR/JPY Bullish Still Respecting the support!
We can see clearly that on the bigger frames the trend respects the support and forming a healty uptrend.
Another clear thing is the outbreak on the RSI, and that prices are still above the 200 EMA on the 4H.
As we can see on the chart we can copy the exact trend as an example of what could happe, If so we''ll need to hold the trade untill Firday or maybe next week.
Depending on the upcoming (14) News events.
My Entry was around 126.350
Planning to Re-enter more times on different support levels
TP around 127.400
SL Tight at 126.000 ( minus 50 Pips from my entry )
Have a good one!
Another clear thing is the outbreak on the RSI, and that prices are still above the 200 EMA on the 4H.
As we can see on the chart we can copy the exact trend as an example of what could happe, If so we''ll need to hold the trade untill Firday or maybe next week.
Depending on the upcoming (14) News events.
My Entry was around 126.350
Planning to Re-enter more times on different support levels
TP around 127.400
SL Tight at 126.000 ( minus 50 Pips from my entry )
Have a good one!
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