EURJPY whipsawing a lot, remain bullish for a reversal

Buy above 131.73. Stop loss at 131.33. Take profit at 132.38.
Reason for the trading strategy (technically):
Price is whipsawing a lot due to volatility. We remain bullish above 131.73 support (Fibonacci extension, horizontal support) for a push up to at least 132.38 resistance (Fibonacci retracement, horizontal overlap resistance, bullish divergence).
Stochastic (55,3,1) is seeing nice support above 3.1% and also sees bullish divergence vs price signalling that a bounce is impending.

Сделка закрыта: достигнута тейк-профит цена:

Money in the bag once again! Whoo! It certainly did whipsaw as expected but finally bounced to our profit target ;)

Комментарий:

Some people have been asking me about private training. You can contact the guru himself on skype at : desmondlzw
PM if you need his whatsapp/telegram.
He's not cheap though but if you're really serious you can give him a shot.