Euro / Japanese YenShort
Can EURJPY descend and break the range to downside?
EURJPY in 4h timeframe is in range however the range is cause of weakness in momentum to upside to break the shadow and high on 27th september.
I expect descending to break the range to lower levels however there is possibility to liquidity sweep to upside and start descending from the level I pointed. I risked 0.5% my exposure in this trade if it stops I will have short on the upper area with 1% or 1.5% it depends. Risk management is everything.
I expect descending to break the range to lower levels however there is possibility to liquidity sweep to upside and start descending from the level I pointed. I risked 0.5% my exposure in this trade if it stops I will have short on the upper area with 1% or 1.5% it depends. Risk management is everything.
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