 Trading Signals Manual

Trading Signal - 30 / 12 / 2019 - 10:00 (GMT +2)

Instrument: EURJPY
by: Chief Technical Strategist Avramis Despotis

Previous Close 122.24

Change -0.14 %

Current 122.24

52 Week High 127.35

52 Week Low 116.35

30 Days ATR 0.48

40 Weeks ATR 1.13

Trend & Support & Position & Trade Entry, Take Profit &
Time Comments
Condition Resistances Probability Stop Loss Levels

Position Entry SL

122.00 122.50
60min Waiting for a retracement lower towards the
BUY - -
CHART 122.00 support level, or alternatively the break of
121.80 122.70
· Upwards the 122.50 resistance level, in order to reinstate
Trade P. TP1 TP2
Next 3 Days Strong LONG positions.
· 121.50 123.00

Oversold 2 - 122.70 123.00

Position Entry SL

240min 121.60 122.60

CHART Waiting for a retracement lower towards the BUY - -
· 121.00 123.20 121.60 support level, in order to reinstate LONG
Upwards
Next 3 positions. Trade P. TP1 TP2
Strong
Weeks 120.20 124.20
·
Overbought 1 - - -

Position Entry SL

Daily 121.00 122.70 The market is in an uptrend and we are waiting for
CHART an entry signal to go LONG above the 122.70 BUY 122.70 121.00
· 120.30 123.60 resistance level. Only the downward break of
Next 3 Upwards
121.00 would cancel the bullish scenario and take Trade P. TP1 TP2
Strong
Months 119.20 125.20 us SHORT.
·
Neutral Medium 123.60 125.20
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