EUR JPY Buy
We entered a buy position in EUR JPY at 122.750.
Potential swing trade set up.
Before entering we awaited for 3 significant rejections on the daily time frame, which also allowed for several rejections of the resistance on the 4 hour time frame.
The 3 daily rejections provided significant confirmations for a bullish move with this pair.
stop loss sitting at the bottom of the daily rejection area (122.250)
Potential swing trade set up.
Before entering we awaited for 3 significant rejections on the daily time frame, which also allowed for several rejections of the resistance on the 4 hour time frame.
The 3 daily rejections provided significant confirmations for a bullish move with this pair.
stop loss sitting at the bottom of the daily rejection area (122.250)
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.