Possible long entry for "shorter" term trade EUR/JPY
Hello world,
found a possible long entry for a shorter term swing trade.
We have:
- decreasing candle sizes signaling momentum loss
- big weekly support line reached which has been hit several times
- price action forming below the candles also signaling momentum loss and might indicate a short term reversal
- weak, but not underbought RSI
I'd set this up as a short-term swing trade on a 5-8 day basis.
Look into it, one might find this usefull.
All the best,
c4ss10p314
found a possible long entry for a shorter term swing trade.
We have:
- decreasing candle sizes signaling momentum loss
- big weekly support line reached which has been hit several times
- price action forming below the candles also signaling momentum loss and might indicate a short term reversal
- weak, but not underbought RSI
I'd set this up as a short-term swing trade on a 5-8 day basis.
Look into it, one might find this usefull.
All the best,
c4ss10p314
Transaction en cours
Trade fermée: ordre d’arrêt atteint
Turned around. Might continue 4D channel now and actually break the .450 W-lineTransaction en cours
Transaction en cours
stoploss on breakeven
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.