Euro / Japon Yeni
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EURJPY - Uptrend Pull-Back. Post: Double Bottom Reversal - LONG

362
Great LONG opportunity on EURJPY

After long downtrend that started back on Dec 15th, price
hit a KEY resistance level dating back to OCTOBER 2014.
market respected this level and bounced, then tested again
forming a double-bottom. Price respected level once
again and we now have a break-above short term support and
close above short term support.

Now we are @ a pull-back after a reversal candle (evening star)
so a great entry point to go long would be once the pull-back hits
the .618 retracement, that will be the trigger to buy (long).

Good Luck!

Feragatname

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