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Excellent Long-Term Hunting Opportunity in EURJPY, Don't miss it

FX:EURJPY   Euro Fx/Yên Nhật
Midterm forecast:
.There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 134.40 would begin in Midterm.
.Price may also reach 134.40, if price reaches this level, we may enter by Daily-Trading-Opportunities.

Trading suggestion:
Price is in the Sell Zone (134.40 to 136.65), we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

.Beginning of entry zone (134.40)
.Ending of entry zone (136.65)

Technical analysis:
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index ( RSI ) is 51.

Take Profits:
TP1= @ 133.25
TP2= @ 131.65
TP3= @ 129.65
TP4= @ 128.20
TP5= @ 126.80
TP6= @ 124.10
TP7= @ 122.30
TP8= @ 118.45
TP9= @ 114.85
TP10= @ 111.25
TP11= @ Free
Bình luận: TP1 HIT! ---> All SLs moved to Break-even.
snapshot

Technical analysis:
.A trough is formed in daily chart at 134.15 on Tue, 01/30/2018, so more gains to more heights is expected.
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
.Relative strength index (RSI) is 39.

Close Profits:
TP1= @ 133.25

Take Profits:
TP2= @ 131.65
TP3= @ 129.65
TP4= @ 128.20
TP5= @ 126.80
TP6= @ 124.10
TP7= @ 122.30
TP8= @ 118.45
TP9= @ 114.85
TP10= @ 111.25
TP11= @ Free
Giao dịch bắt đầu: TP2 HIT!!
snapshot

Technical analysis:
.A peak is formed in daily chart at 137.50 on Fri, 02/02/2018, so more losses to support(s) 131.65, 129.65, 128.20 and more depths is expected.
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 39.

Closed Profits:
TP1= @ 133.25
TP2= @ 131.65

Take Profits:
TP3= @ 129.65
TP4= @ 128.20
TP5= @ 126.80
TP6= @ 124.10
TP7= @ 122.30
TP8= @ 118.45
TP9= @ 114.85
TP10= @ 111.25
TP11= @ Free
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Phản hồi
ForecastCity PRO easy_trades
@easy_trades, Thanks.
Phản hồi
Do I have to close Each target or I have to keep the trade open until all targets reached
Phản hồi
@mazin88, According to our Trend Hunter Strategy, we don't open one trade, but the count of targets plus one, in this pair, we had 10 targets, so we open 11 trades, and we close one by one at each target, we keep the last one open while the trend continues...
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mazin88 PRO ForecastCity
@ForecastCity, thanks very clear answer
Phản hồi
@mazin88, You're welcome
Phản hồi
Nice work!!!
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ForecastCity PRO JohnJohnsom
@JohnJohnsom, Many thanks
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