EUR/JPY Trading Near Support Zone of April 2017

Hey all, here’s another entry on my tradingview series called 'Quick Updates'.

By all means, this trading area can be seen as an All Time Low within the shorter timeframes. We have reached levels that were last seen on April 2017. It is rare for a price to break through such levels, which means we can start trading with a bullish bias.

The first opportunity to use this bias is here on a nice support and resistance trade set-up. The support just got confirmed, so let's quickly go into a trade here.


--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.

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- Trading Guru

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!