Hello Traders,
We are talking now about Eur/Jpy and the next buy and sell scenario.
Buy Scenario : Isfthe price breakout the resistance I'm expecting a retracement to the next high point that the price made because will be a decision for the price if the down trend will transform in to uptrend (we have low points at the same price, now we should have high points at the same level). The power of buyers=The power of sellers
Sell Scenario : The trend is down trend, I'm thinking at a sell when the price breakout the last low point to confirm that the move is still a short one.
You have Tp and SL for buy and sell position.
Enjoy it!
Leave a like and follow for more ideas!
PS : Is my vision, make your own choices.
We are talking now about Eur/Jpy and the next buy and sell scenario.
Buy Scenario : Isfthe price breakout the resistance I'm expecting a retracement to the next high point that the price made because will be a decision for the price if the down trend will transform in to uptrend (we have low points at the same price, now we should have high points at the same level). The power of buyers=The power of sellers
Sell Scenario : The trend is down trend, I'm thinking at a sell when the price breakout the last low point to confirm that the move is still a short one.
You have Tp and SL for buy and sell position.
Enjoy it!
Leave a like and follow for more ideas!
PS : Is my vision, make your own choices.
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.