Here is a good over-extended setup on the EURJPY daily chart. Look to by a Call on this with an entry price of 112.514 (or close to it). Have an expiration of the end of the week. This can also work for forex traders, with a simple buy at this price.
UPDATE: Due to price continuing to go down, please look to get into this trade with an entry price of 112.392 or lower.
[chart|nid=1030]
UPDATE: This guy didn't bounce enough after a terrible day after our entry. Close, but no cigar here.
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