According to 4H downtrend, 61.8 level of Fibonacci , and 50 EMA of EURJPY chart we have short position potential with following TP/SL:
TP1: 129
TP2: 128.7
SL: 130.5
Notice: In half way of SL (when stop loss area Proceeds 50%) (HERE IS 130.2) you can double your size and put TP/SL as bellow:
TP1: 129.9
SL: 130.5
****Don't forget about money management****
Wish you Profit and success
TP1: 129
TP2: 128.7
SL: 130.5
Notice: In half way of SL (when stop loss area Proceeds 50%) (HERE IS 130.2) you can double your size and put TP/SL as bellow:
TP1: 129.9
SL: 130.5
****Don't forget about money management****
Wish you Profit and success
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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.