EURJPY - Buy
The EURJPY pair surprised everyone this morning with a sharp drop, wiping out potential buyers clustered around the key support level of 172.0 This unexpected move might leave some hesitant, but I see it as a buying opportunity.
Downward Correction, Not Reversal:
While the recent drop was significant, it's important to remember the bigger picture. The EURJPY has been trending upwards for a while now. This could be a healthy correction within the uptrend, shaking out weak hands before the climb resumes.
Key Support Still Holding (For Now):
The most encouraging sign is that the price found support around 17.75 and bounced back slightly. If this level holds, it reinforces the bullish trend.
Entry: 170.911
Stop: 170.502
Profit: 172.857
Good luck and always manage risk. I am risking 1% looking for 6%.
Downward Correction, Not Reversal:
While the recent drop was significant, it's important to remember the bigger picture. The EURJPY has been trending upwards for a while now. This could be a healthy correction within the uptrend, shaking out weak hands before the climb resumes.
Key Support Still Holding (For Now):
The most encouraging sign is that the price found support around 17.75 and bounced back slightly. If this level holds, it reinforces the bullish trend.
Entry: 170.911
Stop: 170.502
Profit: 172.857
Good luck and always manage risk. I am risking 1% looking for 6%.
İşlem aktif
Not
Edit ***Good luck and always manage risk. I am risking 1% looking for 4.5%.İşlem elle kapatılmış
Trade closed at BE
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.