Possible long entry for "shorter" term trade EUR/JPY

Actualizado
Hello world,

found a possible long entry for a shorter term swing trade.

We have:

- decreasing candle sizes signaling momentum loss
- big weekly support line reached which has been hit several times
- price action forming below the candles also signaling momentum loss and might indicate a short term reversal
- weak, but not underbought RSI

I'd set this up as a short-term swing trade on a 5-8 day basis.

Look into it, one might find this usefull.

All the best,
c4ss10p314
Operación activa
Operación cerrada: precio stop alcanzado
Turned around. Might continue 4D channel now and actually break the .450 W-line
Operación activa
Operación activa
stoploss on breakeven
LONGMultiple Time Frame AnalysisshorttermSupport and Resistanceswingtrading

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