Long EURJPY from strong support resistance zone
On thursday super mario speaks on rates in EU and that would definitely cause volatility. If the level has not been hit before then it would definitely be hit during the conference. Avoid the trade during that time.
The region is a strong support / resistance and I look to enter it to get 40pip profit.
Another point is that if the price reacts to the level from near its vicinity with 30-35 pips then you can avoid taking the level or take with half size
The region is a strong support / resistance and I look to enter it to get 40pip profit.
Another point is that if the price reacts to the level from near its vicinity with 30-35 pips then you can avoid taking the level or take with half size
Trade closed: target reached
Made 40 pips to Profit Target
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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.