Friday, March 22, 2013

EURJPY Support Holding

myfxvoyage.blogspot.com EURJPY Long trade
EURJPY Hourly
I was watching this channel from past few sessions and along with the recent drawn trendline joining the recent lows. The confluence of these two was expected to be a good support and price bounced right from it. 

As I tweeted yesterday, I went long at 122.20 on touch of the trendline and currently my stop is BE. I am looking towards mid of the triangle to book profits. 




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