Eurjpy is on a downtrend on the daily timeframe, the reason for this buy it's simple there is support and resistance with a quarter level and a Break of structure on the m15. I have 2TP for this trade, I also posted the area that I'm looking to sell.
This is a Trade that I'm looking to BUY or SELL:
BUY/SELL: EURJPY BUY
ENTRY:128.750 Lot size: 2-3%(IF YOU ARE WANTING TO DO THIS FX TRADING LONG TERM) Stop Loss: 128.600
TP1:129.200 TP2:129.650
TP3:(SWING)
*Disclaimer:
Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. Past profits do not guarantee future results.***
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.