Looking at the 1 hour timeframe, EURJPY is currently ranging which we can capitalize on
We have a resistance level at 129.500 which has been tested multiple time and price hits and moves down to 128.800 at the support level
We currently have a bearish engulfing coming off at the 129.500 resistance level and can short it to 128.800
SL: 129.600
TP: 128.800
RR = 8.83
We have a resistance level at 129.500 which has been tested multiple time and price hits and moves down to 128.800 at the support level
We currently have a bearish engulfing coming off at the 129.500 resistance level and can short it to 128.800
SL: 129.600
TP: 128.800
RR = 8.83
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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.