Written:10/03/20 4:47PM
EURJPY
SELL
4H Timeframe
Sell Entry: 123.188
S/L: 124.200
TP1: 123.000
TP2: 122.477
TP3: 122.100
Notes/Explanation:
On the 4H timeframe it looks like this pair is starting a downwards trend, so I entered the trade for a Sell at 123.188. When the market reopens I believe the pair will break through the last Floor/Lower Low with around 2 to 3 TPs before it retracts. Then I assume it will be re enterable during its retraction and continue a downward trend.
EURJPY
SELL
4H Timeframe
Sell Entry: 123.188
S/L: 124.200
TP1: 123.000
TP2: 122.477
TP3: 122.100
Notes/Explanation:
On the 4H timeframe it looks like this pair is starting a downwards trend, so I entered the trade for a Sell at 123.188. When the market reopens I believe the pair will break through the last Floor/Lower Low with around 2 to 3 TPs before it retracts. Then I assume it will be re enterable during its retraction and continue a downward trend.
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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.