EURJPY - Correction Made, Time to Go Back Up
TV hasn't been letting me publish whilst abroad in the UAE without a VPN! Hence my first published post in a while.
Quick intra day idea on EURJPY. EJ has been moving in a strong uptrend for time and has recently reached the highest price since December '18.
A small correction has been made on the lower timeframe as illustrated on the chart. I now expect price to continue it's bullish run.
Here I anticipate a rejection of previous resistance before rising to meet the 2021 high and potentially beyond. Price is currently holding well above the 200 EMA which I will be positioning stop loss below.
Great R:R on this set up of 1:3 with minimal risk.
Quick intra day idea on EURJPY. EJ has been moving in a strong uptrend for time and has recently reached the highest price since December '18.
A small correction has been made on the lower timeframe as illustrated on the chart. I now expect price to continue it's bullish run.
Here I anticipate a rejection of previous resistance before rising to meet the 2021 high and potentially beyond. Price is currently holding well above the 200 EMA which I will be positioning stop loss below.
Great R:R on this set up of 1:3 with minimal risk.
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.