Long EUR/JPY with a risk reward of 1.81.
Reason to enter:
1. A rising wedges has formed.
2. Lower high has been forming continuously and restested.
3. Break through the key support area.
4. Break through EMA level.
5. Engulfing forming on daily timeframe
TP level is at 131.10 and SL level is at 130.175
1. A rising wedges has formed.
2. Lower high has been forming continuously and restested.
3. Break through the key support area.
4. Break through EMA level.
5. Engulfing forming on daily timeframe
TP level is at 131.10 and SL level is at 130.175
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