EURJPY Hitting Zone with a Double Bottom!!! Catching 112 Pips!!!

2021年3月18日

EUR/JPY is currently bouncing off of a support zone (purple), showing similar reactions to other previous formed zones in this current parallel channel. I have just entered a buy position, risking 32.5 pips to catch 111.4. We also have a confirmed double bottom, which sums it up to 3 total confluences.