EURJPY

26 Eki 2023

I've taken a long position on EUR/JPY. This trade is based on a trend-following strategy, with a strong reaction seen on the daily chart at a support level, indicating a potential reversal. Additionally, the 1-hour chart shows a double bottom pattern, and the neckline has already broken. I'm now waiting for a retest to enter the trade.
Entry: 158.59
Stop Loss: 158.125
Targets: 159.26, 159.57, and 159.87