Hi Guys,
Here's another EURJPY trade pattern that i found quite interesting.
If you look at this chart, we can see that the price has reach the 0.618 level followed by a pullback to the 0.786 level, which then continues a its down trend.
I would wait to see what happens when the price hits the trend line, and make a decision from there. However, i believe that this chart is following an ABCD pattern.
T/P at 123.69
S/L at 132.89
R:R at 2.2
Pleased don't trade more than 2% of your capital
Cheers!
Here's another EURJPY trade pattern that i found quite interesting.
If you look at this chart, we can see that the price has reach the 0.618 level followed by a pullback to the 0.786 level, which then continues a its down trend.
I would wait to see what happens when the price hits the trend line, and make a decision from there. However, i believe that this chart is following an ABCD pattern.
T/P at 123.69
S/L at 132.89
R:R at 2.2
Pleased don't trade more than 2% of your capital
Cheers!
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.