Hello traders,
here are my thoughts on EURJPY.
Reasons why I would take the trade are:
1) Price broke through trendline.
2) Price came back to retest the Weekly key level which is also a 0.5 fib level
3) Price created LL, LH and is about to create a new LL.
TP is almost +300 pips and SL is placed above the structure.
Don't forget to share your opinion in comments!
here are my thoughts on EURJPY.
Reasons why I would take the trade are:
1) Price broke through trendline.
2) Price came back to retest the Weekly key level which is also a 0.5 fib level
3) Price created LL, LH and is about to create a new LL.
TP is almost +300 pips and SL is placed above the structure.
Don't forget to share your opinion in comments!
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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.