The EurJpy is now up into a major structure zone here on the 240min TF. We have structure, fibonacci confluence and a Bear Setup on the Stochastics (which is what the red arrows are pointing to). If you are looking for a longer term hold, this has a ton of potential.
If you would like to watch me break this down, here is a link to the video.https://youtu.be/0ASEAHYBVs8
Good luck and good trading!
If you would like to watch me break this down, here is a link to the video.https://youtu.be/0ASEAHYBVs8
Good luck and good trading!
Trade active
Just Got Short on EurJpy after the double top that was just put in. Entry is at 121.447 Stops at 121.450 - Target 1 at 118.6658 - Target 2 at 116.413Note
Rolled stops to break even, because price came within 5 pips of target 1
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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.