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EURJPY: Potential Long Trade From Key Level đŸ‡ȘđŸ‡șđŸ‡ŻđŸ‡”

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Euro/Japanska yen (OANDA:EURJPY)  
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OANDA:EURJPY   Euro/Japanska yen
Multiple Time Frame Analysis Fibonacci Double Top or Bottom euro yen japaneseyen priceaction priceactionanalysis priceactiontrading
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mtfa fibonacci doubletoporbottom euro yen japaneseyen priceaction priceactionanalysis priceactiontrading
snapshot

EURJPY is testing a strong confluence zone:
we see a perfect match between a horizontal structure support & 382 retracement of the last bearish impulse.

To buy with a confirmation watch a double bottom formation on 4H time frame.
129.9 - 130.0 is its neckline.
Wait for a 4H candle close above that as your trigger to buy.

Your first goal will be 130.7 level.

If the price sets a new lower low on 4H, the setup will be invalid.

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