EURJPY good opportunity for buyers!
Based on the chart, price reached a major support area and a strong rejection happened there. So strength of buyers at this area and the chart trend, can provide a good opportunity to be buyer.
So based on these scenario I opened a buy position with a good risk reward ratio (about 1:2).
Note: As always please take risk management rules into consideration before opening any position on the market.
Good Luck!
So based on these scenario I opened a buy position with a good risk reward ratio (about 1:2).
Note: As always please take risk management rules into consideration before opening any position on the market.
Good Luck!
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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.