Eur/Jpy market is forming a descending triangle/pennant which is breaks toward the downside so wait for breakout from channel or for confident traders, get in early closer to the top of the channel line for move down and (break)out.
No figures given so you can chart and look for sell and take profit area, i've highlighted the opportunity to you.
HELPFUL VIDEO TO TEACH YOU:
youtube.com/watch?v=rNI166nMAFw
youtube.com/watch?v=v-Cz_LUsq2g&app=desktop
DISCLAIMER;
Do set stop losses when trading but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire. IF YOU SUPPORT MY IDEAS THEN PLEASE LIKE, FOLLOW & SHARE. ~ THANKS! ~
No figures given so you can chart and look for sell and take profit area, i've highlighted the opportunity to you.
HELPFUL VIDEO TO TEACH YOU:
youtube.com/watch?v=rNI166nMAFw
youtube.com/watch?v=v-Cz_LUsq2g&app=desktop
DISCLAIMER;
Do set stop losses when trading but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire. IF YOU SUPPORT MY IDEAS THEN PLEASE LIKE, FOLLOW & SHARE. ~ THANKS! ~
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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.
Related publications
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.