EURJPY: Possible bottom and resumption of uptrend

10 May 2016

Analysis:
1) {a}-{b}-{c}: {impulse}-{combination}-{?}
2) (w)-(x)-(y): (expanded flat)-(combination)-(?)
3) Price hit Fib 1.382 extension: (x)=1.382(w)
4) RSI divergence

Profit target:
*) Fib retracement: {b}=0.382{a}
*) Fib extension: (y)=(w)
From Fibonacci clustering technique, 135.6 might be appropriate target.

10 May 2016

İşlem aktif

Long position opened at 122.5

2 Haz 2016

İşlem kapandı: durdurma seviyesi