On
EURJPY
, there is no trend on 1H bars. The structure low and support is at 130.154. It seems price reversed there and buying power is expected on Monday.
Moreover, there are 2 harmonic patterns (Cypher & Gartley) which finished their X leg at support zone. Thus, this set-up is a high probability trade to go long. Stop loss should bey placed above support level.
P.S Wait the market to be opened on Monday to avoid any unpredictable moves.
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Trading Books Online - www.trading-library.com
Top 10 Forex Broker: www.best10forex.com
EURJPY
, there is no trend on 1H bars. The structure low and support is at 130.154. It seems price reversed there and buying power is expected on Monday. Moreover, there are 2 harmonic patterns (Cypher & Gartley) which finished their X leg at support zone. Thus, this set-up is a high probability trade to go long. Stop loss should bey placed above support level.
P.S Wait the market to be opened on Monday to avoid any unpredictable moves.
-----------------------------------------------------------------------------------------------------------------------------------------------------
Trading Books Online - www.trading-library.com
Top 10 Forex Broker: www.best10forex.com
