EURJPY is in a lovely upwards channel. To take a long I will be looking for price to come down where marked.
I will look for a third new higher low to be created whilst staying within the channel. This confirms that the trend is likely to continue...the trend is your friend.
From 126 region I expect price to go up towards 128 region. This is providing us with a great long option with good r/r. Trade is only valid if technicals are respected .
I will look for a third new higher low to be created whilst staying within the channel. This confirms that the trend is likely to continue...the trend is your friend.
From 126 region I expect price to go up towards 128 region. This is providing us with a great long option with good r/r. Trade is only valid if technicals are respected .
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.