EUR/JPY- 1hr Scalp
Updated
Hello,
I have entered EUR/JPY long on the 1hour timeframe.
The reason for this is because it is now at the bottom of the range and has rejected the support.
I have already shorted the top and exited at 129.706.
Stop loss is below any local low- expected to be holding unto 24 hours.
I have entered EUR/JPY long on the 1hour timeframe.
The reason for this is because it is now at the bottom of the range and has rejected the support.
I have already shorted the top and exited at 129.706.
Stop loss is below any local low- expected to be holding unto 24 hours.
Note
As you can now see, the RSI is massively over sold. Indicating a reversal.Trade closed manually
Trade closed- break even.
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