EURJPY long on the 4 hr - 1 hr timeframe.
Price is visiting zone where it was previously rejected from.
20-25pip stop loss.
TP 1 - 50 pips
TP 2 - 100 pips
1:2 or 1:5 RR ratio
RSI showing oversold. Wait for rejection candle for confirmation
Disclaimer - educational purposes only.
Price is visiting zone where it was previously rejected from.
20-25pip stop loss.
TP 1 - 50 pips
TP 2 - 100 pips
1:2 or 1:5 RR ratio
RSI showing oversold. Wait for rejection candle for confirmation
Disclaimer - educational purposes only.
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.