EURJPY (RY) - Long&Short
Hello!
Definitely, there is the Global Downtrend! But to the end of this year, we have two variants.
1) Long - S/L131.000, T/P133.700-134.000
2) SHORT - Sell Limits near 134.500 - 135.000, S/L 137.140 (EWP rules), T/P 123.500
Please, if you want to enter the market, first of all, use the Market Profile, Volume, Cluster&Delta analysis, Depth of Market and Footprint, when combined with the Wave Theory! Because without the above methods, the wave analysis is incomplete and inaccurate.
Best Regards! Powerful Traders.
Definitely, there is the Global Downtrend! But to the end of this year, we have two variants.
1) Long - S/L131.000, T/P133.700-134.000
2) SHORT - Sell Limits near 134.500 - 135.000, S/L 137.140 (EWP rules), T/P 123.500
Please, if you want to enter the market, first of all, use the Market Profile, Volume, Cluster&Delta analysis, Depth of Market and Footprint, when combined with the Wave Theory! Because without the above methods, the wave analysis is incomplete and inaccurate.
Best Regards! Powerful Traders.
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.