EUR/JPY - First steps into correction, getting back on track!

20 Şub

Hi guys we are looking over at EUR/JPY , we had a huge swing to the lower end and a very very strong support area. We can see the RSI has crumbled but ended up formulating an Ascending Channel which we will follow into revaulation towards the 159 area.

Entry: 156.550
Target 1: 157.380
Target 2: 158.150
Target 3: 159.100

SL: 155.100

RR is sitting at 1:4!

Tell me below in the comments what is your opinion on this trade? Will the Hawkish BoJ interfere and push this further down?

5 Mar

İşlem kapandı: hedefe ulaştı