The last day of the month then the technical analysis will focus on it, The graph above shows a Hammer Candlestick, What is a Hammer Candlestick? the lower shadow is at least twice the size of the real body, How can I use that?
Since this usually appears as a sign of a reversal, we will also become buyers.
Notice that the last drop has stopped exactly on the support of the Ichimoku cloud that it reinforces our model.
Buy EUR/JPY:
Entry Price: 126.10
Stop Loss:124.50
take Profit: 129.70
Since this usually appears as a sign of a reversal, we will also become buyers.
Notice that the last drop has stopped exactly on the support of the Ichimoku cloud that it reinforces our model.
Buy EUR/JPY:
Entry Price: 126.10
Stop Loss:124.50
take Profit: 129.70
Trade active
Already 70 pips of profitsTrade closed: target reached
118 Pips of profits
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.