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Title : EURJPY Analysis FRIDAY 11/10/2019 with ASI (Simple Analysis)
link : EURJPY Analysis FRIDAY 11/10/2019 with ASI (Simple Analysis)
EURJPY Analysis FRIDAY 11/10/2019 with ASI (Simple Analysis)
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Today's opening for EURJPY 118.79 opened higher than yesterday's opening yesterday which was previously at 117.89 and the uptrend is still going on for EURJPY pairs. Technically using fibonaci the current price is 118.86 and the price wants to try to go up to the price of 119.25 and if the price can be broken then the next price will go to 119.59 with the movement of the 119.94 - 1120.28 price range but if the price is unable to break then the price will return try to go down to the pivot at the price of 118.22 or even 117.88 with the movement of the price range of 117.54 - 116.51
http://prntscr.com/phtmit
Recommendations for opening positions:
BUY STOP 119.35
SELL STOP 118.40
NB: Use 2% risk for every open position
For TP and SL please set the MM you are risking with the risk: reward ratio (1: 1 or 1: 2) if one pending order has been touched then delete the untouched
Use Trailing Stop or Lock profit to maximize profits
Click here for anti-confusion trading to see the money management table for an example
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