Hi Traders! EURJPY forecast follow up and update is here. On November 25th I shared this “EURJPY Buy Idea Based On Multi-timeframe Analysis” post in trading view. In this post, let’s do a recap of this setup and see how it has developed now. If you would like to learn more about the way we trade and the technical analysis we use then check out the Traders Academy Club. Spoiler alert – free memberships are available!
My Idea
Based on the above – mentioned analysis my view was bullish here and I was expecting the price to continue higher further until the strong support zone holds. The price action followed my analysis exactly as I expected it to and moved higher further delivering around 130+ pips move so far.
(Note: You can learn about a Killer Forex Strategy “Double Trend Line Principle” here)
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To your success,
Vladimir Ribakov
Certified Financial Technician
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