Note: We are still watching on EUR/JPY pair We are slightly bullish on this pair.
Here are 3 trading plans we have: 1. The recent bullish bar bounce from 20-EMA serve as a good signal to long. We can wait another bullish confirmation to entry long.
2. Wait for another pullback to support zone or 20-EMA and wait another strong bullish signal to long.
3. If there are few bearish signals or the price eventually break the support zone strongly, we will change our view to bearish. After breaking, wait for pullback and bearish signal to long.
Trade aktif
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Now the price went down, not only breaks the 20-EMA line, but also breaks the strong support line. We decided to short now. Or u can wait for price pullback to 20-EMA or support line again to short.